Car accidents happen out of the blue when you least expect them but they can entirely disrupt your life. You may end up with injuries, sometimes bad enough to cause temporary or permanent disability. Even worse, you may lose your job and regular income due to a disability. Further, there could be damage to your vehicle as well. Everything about car accidents sounds depressing and the worst part is when it happens due to someone else’s negligence.
However, there is a silver lining for victims who are injured due to the negligent behavior of another driver. You can claim compensation under personal injury law and get paid up for your injuries, loss of income, damage to property and cost of pain and suffering borne due to your injuries. But you should know everything about car accident claim value you rightfully deserve so that you can secure it. Here are some facts that you need to be aware of.
When can you expect to get compensation?
The primary factor that you need to prove for getting compensation under personal injury law is the liability of the guilty driver. In simple words, you must establish that the accident was caused due to the other party’s negligence and no fault of yours. Further, you also have to prove the scope and extent of the entire damages you have claimed. This means that estimating the claim value with accuracy will be difficult till your treatment is complete, all medical bills are available and the property damage estimates are prepared.
What is the compensation you should get from a car accident settlement?
An accident compensation claim is rather difficult to calculate because it is done using several factors. While you can easily calculate tangible losses such as medical expenses, missed wages, and vehicle repair bills, estimating intangible ones such as cost of emotional trauma and physical pain is tricky. An experienced accident lawyer can help you in estimating a claim value that covers all these aspects and secures you and your family financially in case of major injuries and disabilities. It is good to know an estimate right from the start as it gives you a chance to fight for the claim value that is rightfully yours.
Who is responsible to pay you the claim?
When you sue a negligent driver for the damages and injuries in a car accident, the insurance company of the defendant has to pay the compensation. The best thing to do is to take help from professional car accident lawyers who deliver measurable results so that they can secure the maximum claim value for you. Insurance companies have strong legal teams to handle claims and they make all efforts to avoid paying the victims or paying them much lesser than their expectations. Having a lawyer to negotiate with the insurance company on your behalf is, therefore, the best bet.
What are the options to get the compensation claim?
Now that you know that you will get the compensation from the insurance company of the driver, the next question will be about your options. Firstly, your lawyer can work out a settlement with the insurance company in terms of a claim value that they think feasible. But a settlement may not always work as there may be a dispute regarding the final claim value. The lawyer will then suggest that you file a lawsuit to claim optimal compensation by involving the court. Having a seasoned lawyer to handle your claim can make all the difference in this context because they know exactly how to take care of the legal proceedings. From gathering the entire evidence to compiling and presenting it for making your case stronger, this is something that only experts can do.
Should you accept the first settlement offer from the insurance company?
When you have an accident involving serious damages and injuries, you will need money for repairs and treatment. Insurance companies realize this and try to manipulate the victims for agreeing to a less than feasible claim value. But you should not fall for the bait and accept a lowball settlement right away. Rather, you should take advice from a lawyer who knows what is best for you and what claim value you should agree to.
Knowing these facts about insurance claims is vital because it can make all the difference to get a value that you deserve. After all, you would want to get the maximum possible amount that has you covered and stress-free about your injuries and losses caused by the accident.
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