Once you agree to a dog bite settlement with an insurance company, it is unlikely that you will ever recover additional damages for your injuries. The terms of the settlement will prevent you from seeking additional compensation. Accordingly, you need to be confident that the settlement you accept is a fair settlement for the injuries that you have suffered.
What Does “Fair” Include?
A fair settlement is one that compensates you for your injuries, taking into account:
- The compensation allowed by law. In Wisconsin, you may recover for your medical expenses, lost income, and other past, current and reasonably anticipated future expenses that you incurred as a result of the dog bite. In some cases, the law allows you to recover double damages for your dog bite injury.
- The quality of the evidence available and the likelihood of your success at trial. You will have to prove not only that you were bitten but also the extent of your injuries in order to be able to recover damages.
Other things, such as any savings you may incur from not having to go to trial, your willingness to pursue a recovery, and the insurance company’s willingness to settle out of court should also be considered.
There Is No Formula to Calculate “Fairness”
The same injuries could fairly result in different financial recoveries for different dog bite victims. It is impossible to plug numbers into a formula to come up with a fair recovery. Instead, it is important to speak with an experienced dog bite attorney who has settled cases before and who knows how to successfully negotiate with insurance companies. To schedule your own free, no-obligation consultation with such a lawyer, please start a live chat with us today.