When Should I Settle My Car Accident Claim

When Should I Settle My Car Accident Claim – It is impossible to say how long any individual claim will take to settle because so many variables come into play. In a straightforward situation with clear liability and minor injuries, your case may be resolved relatively quickly with the insurance company. Accidents involving multiple negligent parties and serious injuries may take longer to resolve and, in some cases, may require the filing of a lawsuit.

Do not settle your claim without consulting an attorney. Call Max Meyers Law at 425-399-7000 to review your case.

When Should I Settle My Car Accident Claim

You are most at risk in the first few weeks or months after your accident. This is the worst time to settle your injury claim. The insurance company adjuster knows this and may stick a check in your face. They may deceive you about the value of your claim and hope that you will accept a small compensation. Claims adjusters try to settle claims for the least amount of money possible, which disadvantages people who have just been injured and are unsure of their long-term damages.

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Armed with all of your medical bills as well as documents from your employer showing how much you lost in wages as a result of your injuries, your attorney can calculate a fair compensation claim.

Car accident attorney Max Meyers will read your medical records to see if you have any remaining medical problems. You should tell your attorney if you are not 100 percent functional after completing your medical treatment. Even as the body heals, you may sometimes experience depression, post-traumatic stress disorder (PTSD), insomnia, or other non-physical consequences. Some persistent physical symptoms, such as chronic pain or headaches, can also affect the value of your claim.

If you have suffered serious injuries in a car accident, you should contact an attorney early. You should seek the help and guidance of a lawyer:

Max is a Kirkland personal injury attorney who handles cases in Seattle, King County and surrounding areas in WA. A car accident can throw your life into chaos. Despite the physical pain and lifestyle changes that many victims endure, financial concerns often top the list of life-altering impacts following a car accident.

Why Is My Car Accident Settlement Taking So Long?

Many clients ask us about the “average” amount they can expect to receive in car accident compensation. Unfortunately, the answer to this question is far more complicated than it seems.

Make sure your claim is valid and seek compensation on your behalf. Please call (713) 999-6666 today for a free case consultation with our attorneys in Houston, Texas.

We could cite insurance industry statistics or legal studies that suggest the average dollar value of car accident compensation. We could even share average settlement amounts for Patrick Daniel Law clients. However, none of these numbers would really answer your question.

Case can actually be worth it. The facts of your case, the injuries you sustained, and the damages caused by those injuries are all unique. While it’s understandable to be curious about how others in similar situations have recovered from their losses, it’s important not to let general trends influence your expectations.

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Instead, let’s look at how insurance companies come to settlement offers and how experienced lawyers conduct settlement negotiations on behalf of their clients.

First, it is important to distinguish between the insurance company’s initial offer to settle your claim and a settlement negotiated by your attorney. If the insurance company offers to settle your car accident claim (and that can be a big IF), the adjuster likely determined the amount by multiplying your economic damages by a value that represents the severity of your losses.

As many car accident victims can attest, insurance coverage does not accurately reflect your individual losses. Rather, it is an estimate derived from a formula used by the expert.

When you hire an attorney to represent you in a car accident claim, they may tell you that a settlement offer is “on the table.” This settlement amount is based on negotiations between your attorney and the insurance company. If an attorney represents your interests, a negotiated settlement will be more representative of your actual losses from the accident and should be higher than what the insurance company originally offered.

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Most car accident claims are resolved in court. Generally, settlement offers are lower than what you could potentially win if your case goes to trial.

However, it is important to know that there is no guarantee of victory if you take your car accident lawsuit to court. The decision rests with the jury or judge hearing your case, and it may not be in your favor.

Although you may be inclined to seek greater compensation in court, your attorney will explain to you that this is a gamble. Therefore, settling your claim may represent a compromise: yes, you may be able to recover more money through a court judgment, but you also risk recovering less or nothing at all.

Consistent communication with your attorney and legal team is critical to reaching a fair settlement. Tell your legal team any bills you receive, how your injuries affect your daily life, and other information so your attorney can represent your interests in settlement negotiations with the insurance company.

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Ultimately, the answer to this question depends on the specific circumstances you face after the accident. Factors that can affect both the insurance company’s offer and the compensation your attorney can recover through settlement negotiations include:

The injuries you sustain in a car accident can vary greatly in severity. Accidents that result in serious or catastrophic injuries typically result in more damage.

Compensation refers to the financial and non-financial costs that you incur as a result of the accident. Of course, if your injuries are severe, medical bills will be higher, but these costs may only represent a fraction of your total damages.

It is important that you account for all of your damages as part of the claim settlement process. These can include:

Washington State Car Accident Laws

Some of these costs are relatively easy to calculate, such as expenses on an invoice or receipt. However, for other types of damage, an expert assessment is required in order to be able to carry out an accurate calculation.

All states have minimum vehicle insurance requirements. Here in Texas, drivers are required to carry the following minimum insurance:

Some drivers take out higher insurance coverage that limits their financial risk in the event of an accident. However, other drivers only take out the minimum insurance – or, even worse, drive without insurance at all.

Your compensation amount will be influenced by the at-fault driver’s insurance coverage. The insurer will attempt to negotiate a settlement within the policy limits. However, if the at-fault driver is uninsured or underinsured, your ability to recover damages may be limited because you will have to sue the at-fault party directly.

What Happens If Your Car Accident Claim Does Not Settle

Whether you file a claim with the insurance company or file a lawsuit, you must prove that the other driver was responsible for the accident and the injuries you sustained. If you can provide convincing evidence of the other driver’s liability, the insurance company is more likely to offer fair compensation.

Insurance companies always want to avoid going to court. Car accident litigation is expensive and time-consuming, and they know that a loss in court can be far more expensive than a settlement.

But these companies also know that they can pay even less (or nothing) if they can prove that the accident was your fault. Although Texas law still allows you to seek compensation if your responsibility for the accident was less than half, questions of comparative fault may reduce the willingness of the other driver’s insurer to make an offer (or if a settlement offer is imminent).

Some attorneys and law firms attempt to settle most car accident claims. Litigation takes time and there is no guarantee of success, so it is better to err on the side of caution. A win is a win, as they say, but it’s worth being wary of attorneys who advertise how quickly they settle car accident claims.

Free Car Accident Release Of Liability Form (settlement Agreement)

Although your claim will likely be settled, you need an attorney who is willing and able to go to court on your behalf if necessary to obtain fair compensation in your case. At Patrick Daniel Law, we take a different approach to personal injury and accident law. We understand the tactics used by insurance companies and other deep-pocketed defendants, and our team has a proven track record of pursuing cases that go well beyond pre-trial offers.

We are committed to obtaining fair compensation in your case, whether through settlement negotiations or by going to court on your behalf. At Patrick Daniel Law, we are strategic, meticulous, and relentless when you need help most.

Please call (713) 999-6666 today for a free consultation. Our attorneys serve clients with car accident claims throughout the Houston area, throughout Texas and across the country. Car accidents occur every day and more than three million people are injured in these accidents each year. Amazing two

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