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Home » Insurance

Personal Injury Settlement

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bulldozerThe personal injury settlement is a payment that is made by a company or individual when someone is injured due to their negligence or it was their fault.  Most companies prefer to pay a settlement to the plaintiff rather than have to deal with a public trial and the bad press that accompanies it.  They have insurance just for things like this.  This is part of the reason why injury fraud is a rampant as it is now.  People will fake just about any injury to get themselves paid.  When an individual is facing paying a personal injury settlement, it will either come directly out of their pocket or from their insurance.  If you are receiving a personal injury settlement, expect it to come in a structured form if it a large sum of money.

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