The first thing to know is that insurance companies want to settle cases quickly and cheaply because they are in the business of making money. They make money by collecting premiums and investment income, not by paying out claims. That is why they will offer you less than your case is worth early on in the process. The only way to maximize compensation in your car crash injury case is to hire an experienced legal confidant found at lemgarcialaw.com who can fight for fair compensation.
Car crashes are unexpected and can be devastating for those injured by another driver’s negligence. You may be entitled to compensation for pain and suffering, medical expenses, lost wages, or other losses from a car crash injury case, but it’s important to understand that there are steps that you need to take right away after your accident to protect your rights and make sure that you receive fair compensation.
How Much Is Your Car Accident Case Worth?
As far as determining exactly how much your case is worth, there are many factors to consider, such as pain and suffering, property damage, lost wages, medical bills, and more. In a perfect world, everyone would know exactly how much insurance he or she needs for all potential scenarios that may arise from a car accident.
The value of your personal injury claim depends on a number of factors. Two of the most important factors are:
- the nature and extent of your injuries
- the amount of insurance coverage that is available to compensate you for those injuries
Nature and Extent of Injuries
The nature and extent of the injuries and losses you sustain in a car accident are among the most important factors that determine whether you have a viable personal injury claim. In addition to determining whether you can recover compensation for your damages, your injuries also affect the amount of compensation you may receive. As such, it’s crucial that you know how injuries factor into the personal injury claims process.
For example, front-end collisions with other cars often result in whiplash claims. Whiplash is a soft tissue injury that occurs when there is a violent forward and backward motion of the head after a sudden impact, like being rear-ended. This can cause neck muscle strain or damage, as well as damage to ligaments in the neck and shoulder area.
These types of injuries can cause back pain, headaches, dizziness, fatigue and other symptoms. In most cases, whiplash will heal itself within 3 months. However, some people experience chronic back or neck pain for years after an accident. Other collision accidents may result in broken bones or more severe injuries like internal bleeding or brain trauma.
Insurance Coverage Available
Determining the value of your car accident case is not a simple calculation. There are many variables when it comes to calculating the amount of compensation that you are entitled to receive. The first thing that we look at is what insurance coverage is available to compensate you for your injuries.
The following is a list of the most common types of insurance coverage:
Personal Injury Protection (PIP): This is a type of coverage that is available on all vehicles. It provides compensation for medical expenses, lost wages, and other out-of-pocket expenses that result from the accident regardless of who was at fault.
Bodily Injury Liability (BI): This insurance applies when you are injured by another driver as a result of their negligence. This coverage will pay for your damages as long as they were caused by the accident with the negligent driver. These damages include past, present, and future medical expenses, lost wages, pain and suffering and other losses caused by the accident.
Underinsured Motorist Coverage (UIM): If you are involved in an accident with another driver who has insufficient insurance to cover your losses, this coverage will compensate you for your losses up to the limits of your policy.
How To Maximize a Personal Injury Compensation
So what is the process for getting your claim paid? Well, it’s not just about hiring the right legal representation. You need to do what you can to maximize your personal injury compensation.
1. Have all your injuries documented:
If you have been in a car accident and are injured as a result, then it is vital that you get proper medical attention. This will make sure that your injuries are treated correctly and that your recovery goes well. But it will also make sure that there is a record of all the injuries sustained in the crash.
2. Seek the right level of compensation:
How much compensation should you seek? You need to calculate this based on your medical expenses, wages lost, property damage, pain and suffering, and any other costs incurred because of the crash. And if there is a possibility that you may suffer more pain or incur more costs into the future, then account for those as well.
3. Be aware of insurance company tactics:
Insurance companies aren’t charities – they want to pay out as little as possible when they settle claims. So don’t be surprised if they try to settle for less.
4. Never settle early:
You should never settle with the insurance company until you have had your injuries diagnosed by a doctor. Most people do not realize this, but many times they will tell the insurance company one thing and then have it come out differently later on. If you are lucky enough to have a friend who was in an accident and has some good legal advice, you can ask them for help with this.
5. Find a good attorney:
There are many attorneys out there who specialize in car accidents and other personal injuries, so it should be fairly easy for you to find one that fits your needs. A good attorney will know how to help you build your case, gather evidence and documentation, present your side of the story, submit a demand letter that clearly states your need for compensation, negotiate with the insurance company on your behalf, and potentially go to court if necessary.
Author Atty. Lem Garcia
Lem Garcia founded Lem Garcia Law in 2014. It has become one of the fastest-growing and
most well-respected personal injury law offices in Southern California, having recovered millions
of dollars for clients. He received a journalism degree from California State Polytechnic
University in Pomona and loves to share personal injury law with the world via the social media
platform TikTok at over 20,000 subscribers.