First and foremost, you should never rush the process. Although you may be tempted to accept a settlement offer early on, you will want to take into consideration whether or not the settlement offer covers your necessary medical expenses, is an unreasonably low settlement offer, whether the settlement offer provides for future costs if needed, or if the settlement offer is a better option than a lengthy trial process.
Please keep in mind that while settling a case may be right for one person, it may not be the option for another. The insurance company and defendant ultimately control your settlement options. Either they will make a meaningful offer or refuse to do so, and you may end up in court.