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No! Do not take any money from anyone as compensation for your Philadelphia taxi accident injuries without first speaking with an experienced attorney. Taking that money could cost you tens of thousands of dollars (or more) in the long run by sacrificing your legal rights. Here is why.

Insurance companies that know they have financial exposure to a Philly taxi accident will often try to get out in front of large potential claims by contacting victims directly and offering them what seems like quick and easy money to settle accident claims. Unfortunately, the offers those companies dangle in front of cash-strapped accident victims rarely amount to anything close to the sum victims will need and that they have a legal right to demand.

In other words, the offer of quick and easy money really just amounts to the insurance company hoping a Philly cab crash victim will take the money without thinking things through.

Specifically, insurers hope that victims do not realize (at least, not until it is too late) that a settlement is a one-shot deal. The victim gets money for accident damages, and in return the victim releases the insurance company’s client from legal liability for the crash. What that means is that there are no take-backs in settlements. Victims cannot return to the at-fault party’s insurance company demanding more money if they later discover they settled for too little.

How do you make sure that the amount of any settlement represents the full breadth of the money you deserve for your injuries and losses stemming from a Philadelphia taxi accident? Hire a skilled, seasoned Philadelphia cab accident lawyer to handle settlement negotiations.