First, when you sign your settlement agreement, you give up all of your rights in the future to make any other claims against the negligent driver. If your medical condition has not completely healed and you ultimately need a surgery or other treatment, you can never come back and try to sue again for the same accident. You have waived all of your rights. It is best to wait and see how your condition will resolve before you settle.
Second, you may not be fully aware of all of the insurance policies that might provide you payment if you settle to quickly. Many times, the insurance company will not tell you all of the possible coverage that is available and hopes that you will sign off before you find out what you can really get. Again, if you sign an agreement you are done forever.
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