2006-08-22 12:38:22 · 5 answers · asked by ric w 1 in Politics & Government ➔ Law & Ethics
Yes. It happens all the time. You do have to sign a release though and give up your right to sue.
2006-08-22 13:06:42 · answer #1 · answered by Catspaw 6 · 0⤊ 0⤋
Sure. But expect to give up any right to proceed with the lawsuit as a condition to the offer.
2006-08-22 19:42:54 · answer #2 · answered by Spot! 3 · 1⤊ 0⤋
You can be offered a settlement anytime, even while the trial is going on. That's so they can cut their losses!
Most insurance companies try and get you to sign a settlement before you get a lawyer!!
2006-08-22 19:42:55 · answer #3 · answered by cantcu 7 · 0⤊ 0⤋
Yes.
In fact, if insurance companies are involved, it's quite common.
The lawsuit is going to be expensive, no matter who wins. For many insurance companies, upon review of the facts they decide it's cheaper to settle then to fight the suit, even if they end up winning in the end.
2006-08-22 19:51:17 · answer #4 · answered by coragryph 7 · 0⤊ 0⤋
Heck yeah! That's the whole idea! Settle quick and collect big!
2006-08-22 19:52:42 · answer #5 · answered by shomechely 3 · 0⤊ 0⤋