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You are here: Home / Claims & Settlements / Accident Settlement / How Much To Expect From A Car Accident Settlement – What You Should Know

How Much To Expect From A Car Accident Settlement – What You Should Know

September 8, 2020 by Martins Leave a Comment

How Much To Expect From A Car Accident Settlement – What You Should Know

More than four hundred thousand cars have accidents each year according to recent statistics and about one hundred and twenty five thousand of those accidents all result to injuries. Even though several of these accidents result to minor injuries that a drivers personal injury protection insurance coverage would handle, there are still different kinds of injuries that would cause the victim to file a personal injury lawsuit either against the driver or an insurer. We urge you to continue reading our how much to expect from a car accident settlement article to figure out all that you need to know before filing for such lawsuit.

Statistics have also showed that about ninety six percent of most personal injury cases are settled and do not require going to trial. What this simply means is that if you are involved in a car accident where you suffer injuries, you are likely to file a personal injury settlement lawsuit that would be settled between both parties and not go to trial. The availability of insurance policy is what could have an impact on the amount of money that you are going to receive from a settlement.

This is because most insurance policies are just concerned about how to reach an ideal settlement for both parties and even though it is possible technically to sue an at fault driver who has no insurance, you are likely to get a judgement that would go in your favor. However, it can be a bit challenging to get the type of settlement that you want from an at fault driver simply because most drivers do not have insurance or the kind of money that would be enough to settle your case.

How Much To Expect From A Car Accident Settlement

How Much To Expect From A Car Accident Settlement

In most cases that you would come across today, they all involve several sources of liability. Take for example, a drunk driver gets involved in an accident with another driver, if he was served in excess at the bar where he drank then the business can also be held liable as well. This is very possible because in some states, bars are restricted from serving people under the age of 21 alcohol or people who are already known alcohol addicts. It is the job of a car accident attorney to look into all these and identify all the parties that are liable.

This is a very important step to take because it would also help the victim in getting a worthy settlement or compensation and still on the issue of liability, you can also play a role in the accident and if you are found liable then it would reduce the amount of compensation that you are going to get. Most of the times, people are advised by their families and friends to try to reach an accident settlement with the other party without the help of an attorney but this is actually a wrong step to take.

With an attorney beside you on this case, he would be able to provide you with services that you would not be able to provide for yourself. One of the services that we are talking about is making your case valuable based on the way that the injury has affected your life as well as all of the expenses that you must have incurred. The insurance party of the driver at fault is however not on your side because they are only concerned about making money as well as not paying the victim a worthy settlement.

If the insurer of the at fault driver responds to your claim then they are likely to table a very low settlement offer. if you go on to accept such offer then you place yourself at risk of accepting a payout that might not be able to cover up for all of your expenses. Whatever settlements you agree to is what you are going to get and that is final. This means that once you accept the offer then the case gets closed meaning you are no longer eligible to get any more compensation from the same case.

What we are saying is if you want to undergo a surgery, you would need to doctor to carry it out for you. The same applies to attorneys because they have spend several years reading and training for cases like this and the experience that they bring is what would make the difference for their clients.

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