Suffering injuries in a car crash can lead to rising medical bills, lost wages, and financial strain. If you’ve already accepted a settlement offer from the at-fault party’s insurance, you might wonder if you can request more money later if the initial settlement doesn’t cover all your bills.

The simple answer is no. Once you accept a settlement, the case closes. You cannot seek additional compensation later, even if your costs exceed what was anticipated.

To avoid being under-compensated, consult with an experienced Huntsville car accident lawyer from Tyler Mann Injury Law. Our team will work to ensure that your settlement covers all your needs.

What Happens When You Accept a Settlement Offer?

When you accept a settlement offer from an insurance company, you will sign an agreement that releases the at-fault party and their insurer from any further claims related to your accident and injuries. This document, known as a general release, is a legally binding contract that prevents you from filing additional claims against the at-fault party for this same accident, even if your damages from the accident are later discovered to be greater than the settlement amount.

For instance, imagine you are in a car accident and sustain a back injury. The insurance company offers you a $50,000 settlement, which initially appears to be enough money, based on your early medical expenses and lost wages.

However, your back injury eventually requires surgery and physical therapy, pushing your total costs to $100,000. You cannot now claim this additional amount if you’ve already accepted the $50,000 and signed the release.

This example highlights the importance of fully understanding the extent of your injuries and any potential related future costs before agreeing to a final settlement.

Are There Exceptions Where You Can Ask for More Money Later?

Although pursuing additional compensation after accepting a settlement offer is usually impossible, a few rare exceptions might allow further legal action. These exceptions are uncommon and generally involve complex legal situations:

  • Newly Discovered Liable Party: If a new at-fault party—one who was not included in the original claim—is discovered, you may be able to pursue a separate claim against them.

For example, if you settled with a negligent driver’s insurance company but later found out that a defective auto part contributed to the crash, you might be able to file a claim against the manufacturer for additional damages.

  • Fraud or Misrepresentation: If the insurance company used deceptive tactics during the settlement process, like deliberately misrepresenting the severity of your injuries or the policy limits, you may be able to contest the settlement agreement by arguing that it was based on fraud or misrepresentation.
  • Lack of Mental Capacity: If you did not have the mental capacity to comprehend the settlement agreement at the time of signing, it may be considered

For example, if your injuries, such as an undiagnosed traumatic brain injury (TBI), impaired your cognitive abilities at the time of the settlement agreement, you could challenge the validity of the agreement and seek full compensation.

  • Failure to Comply With Settlement Terms: If the insurance company does not adhere to the settlement agreement terms, such as failing to pay the agreed-upon amount, you may have grounds to pursue additional legal action.

Why Should You Consult a Skilled Attorney for Your Case?

Car accident injuries can change your life, resulting in significant medical costs, lost earnings, and even the need for continuous care for long periods. Many victims become even more stressed by wondering how they will pay their bills until they are recovered. Insurance companies are aware of this vulnerability and might try to exploit it by offering quick, low-ball settlements.

You can protect your rights by consulting with our knowledgeable attorneys at Tyler Mann Injury Law. We can assist you in the following ways:

  • Understanding the Full Scope of Damages: The full impact of your injuries can be complex and extensive. Our lawyers are skilled in identifying all potential damages, covering everything from immediate and future medical expenses to lost wages, pain and suffering, and the possible long-term impact on your ability to earn.
  • Leveling the Playing Field: Insurance companies employ skilled adjusters who excel at negotiating settlements. An attorney can represent your interests, compile evidence to support your claim, and challenge any strategies the insurance company might use to reduce your compensation.
  • Protecting Your Right to a Fair Settlement: Don’t feel pressured to accept a low offer. Our attorneys can review the settlement proposal and advise you on whether it accurately represents the full value of your claim.
  • Fighting for What You Deserve: If negotiations fail to produce a fair settlement, we can represent you in court and advocate for the compensation you deserve. We’ll use strong legal strategies and expert witnesses to strengthen your case.

Don’t Risk Being Undercompensated: Speak to a Lawyer Today

If you’ve been in a car accident in Alabama, knowing your rights and options is crucial before agreeing to any settlement offer from an insurance company. At Tyler Mann Injury Law, our auto accident attorneys can review your case, assess your damages, and work tirelessly to secure the compensation you need to rebuild your life.

Don’t risk settling for less than necessary to cover your injury-related costs. Contact us today for a free, no-obligation case evaluation. Our experienced legal team is dedicated to protecting your interests and ensuring you receive the fair settlement you deserve.