Michael Damaso / 04-26-2024 / Car Accident

Why You Shouldn’t Take a Cash Offer From the At-Fault Driver After a Car Accident

In the immediate aftermath of a car accident, emotions and adrenaline can run high, often leading to quick decisions that may not always be in one’s best interest. Accepting cash from the at-fault driver at the scene may seem like a straightforward solution to avoid the hassle of insurance claims or legal processes. However, doing so can significantly impact your options for legal recourse. 

If you have been injured in a car accident in Florida, you do not need to navigate your next steps alone. At Wooten, Kimbrough, Damaso & Dennis, our experienced attorneys are committed to helping you recover compensation for the full extent of your injuries and other losses. We are dedicated to your well-being and can handle every detail of your claim as you focus on your health. When you choose our firm, you can have peace of mind that we will tailor our approach to your unique needs. 

 

Should You Accept Cash From the At-Fault Driver After a Car Collision? 

After a car accident, the at-fault driver may attempt to offer you money on the spot to avoid an insurance claim and the involvement of law enforcement. While accepting the cash and settling the matter quickly may be tempting, it is typically in your best interests to decline. Often, the money offered will not cover the full scope of the damages you have suffered, including your medical bills and the damage to your vehicle. 

An at-fault driver may have several motivations for offering you cash after an accident. Unfortunately, these reasons often have little to do with your well-being. A few reasons include the following:

  • Avoiding an arrest warrant
  • Avoiding increased insurance premiums.
  • They are uninsured or underinsured.
  • Avoiding being ticketed
  • They have an expired driver’s license.
  • They were driving under the influence of drugs or alcohol

While you may be sympathetic to their situation, you may forfeit your right to pursue additional compensation if you accept a cash offer. Although it takes longer, seeking compensation through the legal process can help you recover damages for the full extent of your losses. 

 

Damages You May Be Eligible to Recover After a Florida Car Accident

Car accidents impact all victims differently, and many suffer extensive damages and a long road to recovery. Many car accident victims may require surgeries or other expensive medical treatments that are often not covered by an at-fault driver’s cash offer. Through the legal process, a skilled attorney may be able to help you recover the following damages:

  • Current and future medical expenses
  • Lost wages and earning potential
  • Significant disfigurement or disability
  • Loss of enjoyment in life
  • Emotional distress
  • Pain and suffering

After being injured in a car accident, one of our attorneys can help navigate Florida’s complex no-fault insurance system and may be able to help you file a personal injury lawsuit, depending on the details surrounding your case. We will thoroughly investigate your accident and determine the best path forward for your unique situation. 

 

Speak With a Highly Qualified Car Accident Attorney at Wooten, Kimbrough, Damaso & Dennis

After being injured in a car accident, it is essential to contact a skilled attorney to get the support you need to pursue the compensation you deserve. At Wooten, Kimbrough, Damaso & Dennis, our attorneys are passionate about helping accident victims in Florida fight aggressively for their rights and interests. We understand the unique challenges of recovering from a car accident and can handle your case on your behalf as you heal and recover. 

Call us today at (407) 843-7060 or complete our contact form to schedule a free consultation.

Disclaimer: All verdicts and settlements listed here are gross amounts before deductions for attorney fees and costs. Past results do not guarantee similar results in the future. Most cases result in a lower recovery. It should not be assumed that your case will have as beneficial a result. Before choosing a lawyer, ask for written information about the lawyer's legal qualifications and experience.