Frequently Asked Questions (FAQ) About Settling a Personal Injury Accident Claim

If you got hurt because of another person’s carelessness, you have the right to file a lawsuit. You may be able to obtain compensation for your medical bills, lost wages, pain and suffering and other losses. An experienced personal injury lawyer can improve your chances of getting a fair settlement. He or she can help you gather evidence, obtain names of witnesses and negotiate with insurance adjusters on your behalf. Working with a skilled personal injury lawyer may give you a peace of mind.

Is it better to just file a court case?

Personal injury cases can take a long time to settle and involve a lot of expenses. That is why it is best for both sides to try to enter into a personal injury settlement.

What is a “release of claims”?

After you have suffered a personal injury, the insurance company may ask you to sign a release of claims. If you sign this document, it will be delivered to the opposing insurance company and your claim will be terminated. In exchange for a certain amount of compensation, you give up your rights to sue the person who caused your injuries.

What if the insurance company doesn’t pay?

It’s rare that an insurance company doesn’t pay an accident victim after it receives a properly executed release. Generally, you should get your check in the mail in less than a month. In some cases, you can receive the check in as little as 10 days to two weeks. In rare cases, the insurance company didn’t pay on a settlement. If this happened to you, you may have a foundation for a new lawsuit.

What if my young child was injured by a careless driver?

If your child was hurt due to the actions of a negligent driver, you may file a lawsuit on his or her behalf. If that case settles or if a jury verdict is rendered, you will likely have to put the money in a trust. Then, you may need to hire an experienced estate planning attorney.

I’m being offered a structured settlement. What’s that?

The majority of personal injury settlements are paid in a lump sum. However, a structured settlement is paid out with one large payment and the rest is paid in a specified number of years. A structured settlement may save both the insurance company and injured claimant money. Speak with an experienced attorney such as the personal injury lawyer locals trust.