We use our automobiles to do just about everything: get to work, run errands, or see friends and family. We’re behind the wheel so often that we often forget the risk that we put ourselves in. Car accidents, after all, are far more frequent than we like to think.
If you’ve been injured in a car accident, you might have a right to compensation under the law. How do car accident settlements work, and what do you need to know to get this compensation?
Read on and we’ll walk you through everything you need to know.
What is a Settlement?
If you’ve been injured in an automobile accident, there’s a good chance your injuries are the result of actions taken by another driver. If another driver has acted negligently on the road, they have failed to live up to the reasonable degree of care they’re expected to have as a driver.
That means they are liable to pay for damages they’ve caused as a result of this negligence. That means property damage to your car and medical bills if you’ve been injured as a result of the accident.
Most automobile accident cases don’t make it to court. A settlement is when the two sides of a lawsuit come to an agreement before heading into court on a compensation package.
Almost all automobile accidents end with a settlement as opposed to going to trial. Avoiding trial saves both parties time and money in the long run.
In the case of an automobile accident, the settlement amount is often negotiated with the opposing driver’s insurance company and their lawyers.
How Do Car Accident Settlements Work?
If you’ve been injured in an accident, how do you begin the settlement process? You might feel as if the opposing driver’s insurance company is low-balling the compensation total that they plan to give you.
If this is the case, you’ll want to hire the right lawyer to help you out. Experienced car accident attorneys have worked opposite insurance company lawyers many times, and can help fight to ensure you get the compensation that you deserve.
An attorney will send a demand letter on your behalf that allows you to explain the accident, your injuries, and what you think an acceptable compensation package would be.
A skilled lawyer might even put the compensation total that you demand at a higher total than you really want. This way, as settlement negotiations proceed, you’ll still land at a number that is indicative of what you really deserve. Learn more about how experts achieve this at Nehora Law Firm.
How long the settlement process will take can vary case-by-case depending on a large variety of factors. However, an attorney will fight to get you the money you need as quickly as possible.
Understanding Car Accident Law
If you’ve been injured in a car accident, you must seek the compensation that you rightly deserve. How do car accident settlements work? The above information can help you to understand the basics.
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