It’s common for people to ask what the value of their auto accident is, but every case is different and there are a variety of factors that need to be taken into consideration before putting a price tag on it.
Lowball Offers by Insurance Company Soon After the Accident
After an auto accident, receiving medical attention should be a top priority. However, it is not uncommon for the other driver’s insurance company to reach out with a lowball settlement offer before the injured party incurs significant medical expenses.
Should You Pull Over After Getting Into A Car Accident?
You see it all the time – people outside of their cars after getting into an accident, talking to the other driver on the phone, collecting information, and interrupting the flow of traffic. This can cause a pile-up because of distracted drivers, and you or the other driver could get run over by cars flying by.
The Correlation Between Property Damage and Personal Injury
Often insurance adjusters will minimize your claims based on the severity of the property damage. However, property damage is not a reliable indicator of injury, including in low-speed collisions.
What Happens When a Child Is Involved in an Auto Accident?
A minor child cannot sign a contract or other legally binding agreement. However, a child’s guardian or parent can sign a settlement agreement on behalf of the child if the child has a claim for injuries caused by an accident.
Property Damage and Medical Coverage for Bicycles
You can obtain insurance to cover property damage to your bike or medical bills for personal injuries in the unfortunate event you are involved in an accident while riding your bike.
Can I see a doctor even if I don’t have the money?
Many doctors will provide medical treatment on a lien and will request payment only after you collect your settlement. As such, it is possible for you to not have to pay for medical expenses out of pocket.
Calculating the Value of Your Auto Accident Claim
Though the value of cases differ based on specific circumstances, two of the most important factors when determining the value of your car accident claim are the property damage and the medical injuries.
Do Not Delay Filing a Claim or Seeking Medical Treatment
Oftentimes insurance companies reject claims and deny compensation for victims of a car accident simply because the claimant is delayed in filing a claim or seeking medical treatment.
Seeking Medical Treatment After An Accident
Seeking a thorough medical evaluation immediately after an accident is not only important to your health, but is also crucial in documenting your injuries.
