When it comes to recovering compensation for injuries suffered in a motor vehicle accident, what you don't know can hurt you. Here are some valuable secrets you should know if you are attempting to get full compensation from an insurance company:
1. You Do Not Have To Accept A Settlement Offer
While you may feel the pressure of medical bills and other costs piling up, it is important for you to know that you do not have to accept the insurance company's settlement offer. Early offers from insurance companies are often low. This is intentional. The insurance company wants to save money, so the adjuster may take advantage of your financial stress or your desire to simply get the matter over with. Do not give in. Hold out to make sure you get all the money you deserve.
2. You Do Not Have To Talk To The Negligent Party's Insurance Company
You are not obligated to discuss anything with the negligent party's insurance company. You don't have to share medical records, accident scene photos or anything else. If you do speak with the insurance adjuster, use caution. The adjuster may use your words against you to deny your claim or reduce your settlement.
3. Evidence Does Not Wait
Car accident scenes get cleaned up. Vehicles get repaired. Memories fade. The longer you wait to take action after an accident, the greater the risk of important evidence disappearing. You can begin pursuing your claim immediately after an accident. You do not have to wait until you are fully healed to begin taking action. In fact, you should not.
4. You May Be Able To Get Compensation Even If You Were Partly At Fault
Louisiana has comparative negligence laws. This means that, even if you were partly at fault in a car wreck, you may still be able to get compensation. Your compensation may be reduced based on how much of a role you played in causing the accident, but you still may be able to get a substantial sum to help with your medical bills, lost wages and other costs.
5. There May Be Multiple Sources Of Compensation
Do not assume that the negligent driver's insurance company is your only source of compensation. You may be able to get compensation from your own insurance company in some situations. There may also be other at-fault parties with coverage that can help you increase your compensation
6. Car Accident Cases Rarely Go To Trial
The truth is that most personal injury cases are settled ahead of trial. However, having a successful trial attorney on your side is advantageous because it gives you something to leverage when negotiating with the insurance company. Furthermore, you want to be prepared for trial in the event that it is truly necessary because the insurance company is unwilling to play fair.
7. Attorneys Do Not Get Paid Unless You Get Compensation
People often attempt to handle their car accident claim on their own because they think that an attorney is too expensive. Attorney James Arruebarrena handles cases on a contingency basis. You only pay if you recover compensation, and then the payment is only a percentage of your recovery. You may find that the additional compensation an attorney is able to recover above and beyond the insurance company's initial settlement offer more than offsets the cost. The process begins with a free case evaluation.