Five Questions to Ask Yourself Before Settling on an Insurance Claim
When you are the victim of a car accident in Fort Pierce, you may be entitled to compensation through an automobile insurance claim. While this can help offset some of the medical costs and other expenses you incur, it is important to use caution before accepting a claim settlement. Injuries you suffer can have long ranging impacts on your health and your ability to make a living. Before agreeing to a settlement that may be less than you deserve, ask yourself the following questions:
- How thoroughly was my accident investigated?
Insurance companies are a for profit business. As such, it is not in their best interests to spend significant amounts of time investigating car accident claims. While accident victims are often happy and relieved to be offered an immediate settlement, this amount is likely not to factor in all the circumstances surrounding your case or the total amount of costs you incur.
- Am I being penalized for being partially to blame for a car accident?
According to the American Association of Justice, it is not uncommon for car insurance companies to deny or dispute claims as a means of reducing settlement payouts. One of the ways they do this is by blaming you for the crash. It is important to realize that even in cases where you may have been partly responsible, you are still entitled to compensation.
- Does the compensation I receive take into full account the nature of my injuries?
Relatively minor car accidents can result in serious injuries. In many cases, it takes months before the victim reaches the maximum level of recovery. Even then, you can be left struggling with long term disabilities that result in lost wages and medical expenses in the future. Before accepting an insurance company settlement, make sure it takes these future costs into consideration.
- Am I being properly compensation for my property damages?
Insurance companies often offer to repair your vehicle rather than replace it. This may not be in your best interests and the amount they offer for repairs and other damages, such as if you had a laptop, cell phone, or other items damaged in the crash, is not likely to cover your total replacement costs.
- Are there additional amounts I might be entitled to in a personal injury lawsuit?
When a car accident occurs, you may be entitled to file a personal injury lawsuit against the at fault driver seeking additional damages not available through an insurance settlement. These can help cover your future costs along with the pain and suffering you incur. In some cases, the Florida Statutes allow for punitive damages, which is an addition sum the court orders if the other driver’s actions were particularly reckless and negligent.
Let Us Help You Today
At the Law Firm of William E. Raikes, III, we can assist you in getting the maximum amount you need to recover when a car accident occurs. Before accepting an insurance settlement, contact our Fort Pierce car accident attorney and request a consultation first.