The Power of Settlement Agreements
Auto accident cases settle because both sides prefer certainty over uncertainty. Insurers crunch the numbers on potential jury awards—and the risk of an unexpectedly large verdict—to decide whether a sure payment today is better than maybe paying more later. For claimants, accepting a fair offer removes the gamble of jury unpredictability and ensures prompt compensation without the delays of a full trial.
Weighing Risk: Insurers vs. Claimants
Every settlement is a risk‑for‑risk trade. Insurers assess the likelihood of paying their policy limits—or even more, if exposure exists beyond those limits—and offer a sum that caps their liability. Claimants weigh that guaranteed amount against the chance of a higher verdict, balanced by the time, expense, and stress of going to trial. When the offer aligns with each party’s comfort with risk, a settlement follows.
Contact Bowers Law
If you’ve been injured in an auto accident and want to explore a settlement that minimizes your risk and maximizes your recovery, reach out today. Call Bowers Law at (410) 885‑6200 for a free consultation. Let our focused expertise guide you to the certainty you deserve.
Episode By Jobeth Bowers
Maryland Attorney Jobeth Bowers is the founder of Bowers Law and a graduate of the University of Baltimore School of Law
"*" indicates required fields
