If your personal injury case is successful, you will get a fair compensation you can use for paying your medical bills, covering extra expenses from when you were not able to work, and manage miscellaneous bills that arise due to your accident. However, settlement and compensation for personal injuries may sometimes be lower than what you deserve.
Usually, victims of accidents accept a settlement offer that seems fair. However, in some instances, this settlement amount won’t be enough to cover medical bills. If you are in this situation, you might be wondering what to do next. If you are in the middle of trying to get a settlement for an accident caused by another party, make sure to contact one of the best Colorado Personal Injury Attorneys to assist you through the process and increase your chances of getting a good settlement amount.
Can you Reopen a Settled Personal Injury Claim?
Usually, it cannot be reopened a personal injury claim after it has been settled. Most settlements involve a liability waiver that prevents you from suing the liable party for money later. By accepting the settlement money, you give up your right to get more down the road. This frees the liable party from further costs that can be incurred in a court case.
Claims Against Multiple Parties
Some accidents involve several liable parties. For instance, in a car accident, you might have a claim against the negligent driver and their insurance company as well as a claim against the vehicle manufacturer if you sustain more injuries because of a faulty vehicle part. If your claim involves more than one party, your current settlement may only be an agreement with one party. Thus, you may still have to seek damages from other parties involved that have been found liable for the accident.