Various Types of Insurance Claims and Settlements
When a car accident occurs, and a person is seriously
injured by an at-fault driver, they may be entitled to file an insurance claim
and receive a settlement. In most cases, even for property damage, an insurance
settlement is often the most reasonable choice, unless the offer is too low. In
this case, an attorney might try to settle out of court for a client; but if an
agreement cannot be made, then it's usually taken to court and presented to a
judge for ruling. There are several options for pursing a motor vehicle
accident claim, as you can see, and more to know about each. Continue reading
to learn about filing an auto accident injury or insurance claim, and who to
consult for accurate industry advice and counsel.
Insurance
Settlements
Just like all other cases, insurance claim settlements vary
in outcome. There are a few considerations to be aware of before moving forward
with an insurance auto accident claim. For example, if you sustained only minor
to moderate injuries, and only require a few doctor visits and check-ups, then
a simple insurance claim should cover your damages. Damages include hospital
bills, medical expenses, medication, and property damage. With regards to
property damage, most insurance companies will pay to cover repairs and paint;
but in the case of high-end cars that are expensive to repair, you may not
receive an offer from the insurance company to cover all the related and
incurred expenses following your accident. If this happens, it might be in your
best interest to pursue an out-of-court settlement with the help of a licensed
attorney, or take your case to court. Insurance companies want to settle as
soon as possible, but quick settlements can be a mistake. This is because once
a person signs and accepts the offer, the case is immediately close and cannot
be brought back up ever again. If more injury or costs come up after the
settlement is closed, the insurance company is not obligated to cover those
additional or prolonged expenses. This is why it is important to hire a licensed
attorney to facilitate your claim.
Out of
Court Settlement
For claims that cannot be sufficiently covered by an
insurance settlement offer, an out of court settlement through attorneys may be
necessary. In order to receive the compensation that will fully cover all
related expenses, medical and property damage, you must take your claim to a
lawyer so they can put together a case to present it to the at-fault driver's
insurance company or other opposing party. Out-of-court settlements have a few
advantages, like flexibility. There is no insurance policy limits to abide by
or restrict a case, so you can pursue additional compensation for more related
expenses, like time of work, lost wages, pain and suffering, and more. Out of
court settlements are best for more serious accidents, damages, and injuries
because more compensation can be recovered. For less serious cases, it is
easier to just accept an insurance claim settlement.
Contact a licensed personal injury lawyer that specializes
in the field of car accident injury claims for a full and fair settlement
following a motor vehicle accident. They retain the knowledge, resources, and
experience to provide effective representation for all car accident victims and
their families.
Call Craven, Hoover, and Blazek P.C. at 317-881-2700, or
visit their website at http://www.chblawfirm.com/practice-areas/car-accident-injury.php for
presentation following a motor vehicle accident in Indianapolis, Indiana. They
offer free initial consultations and never collect attorney fees unless they
recover full and fair compensation for all your damages. Call 317-881-2700 and
speak with an Indianapolis car accident lawyer today.
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