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Advantages and Disadvantages of Submitting Your Case to Arbitration

Advantages and Disadvantages of Submitting Your Case to Arbitration

In an arbitration hearing, a neutral arbitrator (or sometimes a panel of three arbitrators) chosen by the parties listens to each side’s evidence and then decides the case. Arbitration may be required by contract in some cases, such as claims against your own uninsured/underinsured motorist coverage. Otherwise, before agreeing to arbitration, you’ll want to understand the possible advantages and disadvantages.