Friday, March 24, 2017

Did the Insurance Company Rush You Into a Settlement? You May Be Able to Void it!

Did you or a loved one agree to settle a personal injury case without the advice of an attorney only to realize that the insurance company gave you a bad deal? Or did you discover that your injuries are more severe than you had originally thought and the settlement isn't enough to cover your medical bills?

Unfortunately, car accident victims are faced with these dilemmas nearly everyday. Insurance companies love to try and settle out a claim as quickly as possible and will do so by paying as little as possible to the injured accident victim. Anyone faced with these problems would most likely believe that they are out of luck and have no turning back after accepting a settlement soon after an accident. Most law firms will likely reject your case because you have already signed a release form.

In Maryland, there is a law in place that does offer protection to injured accident victims if they are rushed into settling with an insurance company and quickly asked to sign a release. In most cases, a signed settlement with release is enforceable and cannot be voided. However, there are situations where you may be able to void a signed settlement. If you were offered a settlement and signed a release within 30 days of an accident without ever contacting an attorney, Maryland law gives you 60 days to rescind your agreement and void the settlement. This would allow you to hire representation  in order to obtain compensation that truly covers your medical bills and pain and suffering.

If you were injured in an accident in Maryland and an insurance company rushed you into a settlement that you do not believe is fair, call Portner & Shure today for a free consultation: (301) 854-9000, (410) 995-1515.

No comments:

Post a Comment