$300K Motor Vehicle Accident Settlement-Confidential

By Zane T. Cagle | October 4, 2016 |

Plaintiff was injured in rear-end accident at an intersection in St. Louis County. Immediately after the crash, Plaintiff experienced neck pain and sought treatment at an area hospital. Plaintiff eventually underwent surgery. Plaintiff’s attorney did an initial demand for the applicable policy limits which were $25,000 and in exchange for said payment would completely release Defendant for any further liability. Defendant’s insurer refused asserting the fact that there were multiple other claimants.

Plaintiff filed suit and Defendant’s insurer thereafter offered $25,000 which was rejected by Plaintiff. Additional negotiations were subsequently conducted and Plaintiff offered to settle for $500,000. Defendant’s insurer rejected but offered $150,000 and requested a mediation.

During mediation, Plaintiff and Defendant’s insurer agreed to a settlement of $300,000.00 for Plaintiff.

About The Author

Zane T. Cagle

Zane T. Cagle is the founding president and lead trial attorney at The Cagle Law Firm. With a strong dedication to his clients, he has built a reputation for his tenacious representation in personal injury cases, ensuring each client's unique story is heard.Areas of Practice: Personal injury, motor vehicle accidents, wrongful death.Bar Admissions: Supreme Court of Missouri, Illinois & Kentucky. Superior Court of U.S. Virgin IslandsEducation: Washington University School of Law.Awards: Super Lawyers, Top 40 Under 40 by The National Trial Lawyers Association, 10 Best in Missouri for Customer Satisfaction.

View all posts by Zane T. Cagle →