Table of Contents
Why is having a personal injury lawyer important?
A personal injury lawyer keeps tabs on timing and procedures to make sure things happen within the stipulated time limits. This will help keep your compensation claim on the right track. This is vital for ensuring fast settlement of your claim.
What does full policy limits mean?
When an individual purchases liability insurance, it always comes with a policy limit, which refers to the maximum amount of money that the insurance company will pay on behalf of that person for damage they caused. This is usually true even if you are awarded more than the policy limits by a judge or jury in court.
What is a good bodily injury limit?
Financial experts recommend that you carry at least $100,000 in bodily injury liability coverage for one injured person and $300,000 to pay the expenses of multiple victims.
Is pain and suffering separate from medical bills?
Pain and suffering is separate from medical bills when it comes to compensation in a civil matter. Each personal injury case is different; however, compensation typically includes items such as medical costs, time missed from work, and pain and suffering.
Do insurance companies automatically pay pain and suffering?
Insurance companies do not automatically pay pain and suffering unless a client has qualified for this type of damage and proven that the insurance company is liable. Even then, an insurance company may be reluctant to pay a fair settlement without legal pressure or the threat of a lawsuit.
How long does it take to settle a personal injury case?
Time limits may be extended in certain circumstances. Claims handled through the portal usually take around 4-9 months to settle – based on clients accepting the first settlement offer. Medical Negligence: Medical negligence cases can take anything from 18 months to even 2-3 years to settle.
Do you know the true value of your personal injury claim?
Only you, as an injured person, can know the true value of a case. But when placing a settlement value on a personal injury claim, it is important to keep in mind that the ultimate goal is recovery and that recovery requires compromise.
Can I settle my personal injury claim without an attorney?
Perhaps the best way to answer these questions is to identify some of the mistakes that people make when they settle their personal injury claims without an attorney. Stated simply, settling a personal injury claim is not like painting a wall or doing some other home improvement project where the eye can see if the job was well done.
How can I increase the value of my Virginia personal injury claim?
An experienced Virginia personal injury lawyer could help ascertain if there is available insurance coverage from other sources, such as underinsured motorist protection, med pay, employer policies, or other assets that can be used to provide compensation for your claim. All of these factors will help increase the value of your claim.
Do most personal injury cases settle out of court?
The vast majority of personal injury cases settle out of court. Litigation — the process of taking a personal injury lawsuit through the civil court system — is a costly proposition with no guarantee of a good result.