At Accident Advice Helpline, we are committed to helping you get the right amount of compensation for any injury you might have suffered, whether this be in the form of an accident at work, a road traffic accident or slip, trip or fall. However, there is a common misconception regarding claims that it is better to “hold out” for a bigger payment.
Whilst it is true that you should not accept anything less than you are entitled to, pushing for more money can often result in more trouble than it’s worth. As a law firm, we understand the reasons why it may not be a good idea to push for a higher payment. Here, we provide a concise overview of the reasons:
Compensation money is not designed to make you rich
Most accidents come under the area of the law of tort. Many of us have heard this phrase before but do not quite understand what it means. Tort belongs to the area of law known as civil law or private law, between two parties and not a criminal prosecution. The aim of the law of tort is to restore the party that suffered a wrong to his original position before the tort occurred. This means that any compensation is not designed to make you rich, but to rectify a wrong you might have suffered.
Holding out for more money can impact the quickness of the settlement
Where a party is clearly at fault, then most of the time the claim will be settled by arbitration outside of the court in order to reach a quick settlement. This means that the entire claims process becomes efficient and avoids having to drag the case through the courts.
The resources of the justice system are in high demand, and the courts tend to take a very dim view of cases where an agreement could easily have been reached earlier between the parties, and may award a lower amount of compensation to reflect this. It may even be the case, that the court finds insufficient evidence for your claim for compensation, resulting in no compensation being awarded and a lengthy appeal process.
However if you’ve suffered a wrong, then it is important to receive an appropriate redress in the form of compensation in order to rectify this. Accident Advice Helpline will endeavour to seek the appropriate amount of compensation for you, on a 100 per cent no-win, no-fee basis.
Date Published: January 9, 2014
Author: David Brown