Original publish date: November 25, 2013 (Updated)
You’ve just been involved in a car accident. Chances are you have a lot of questions on your mind, such as:
These questions and more all find their resolution in your car accident settlement. After an accident, you will file a claim with your auto insurance company. The other driver(s) involved will do the same. The insurance adjuster will evaluate all of the evidence and arrive at a settlement. Sometimes, lawsuits are necessary to recover additional damages not covered by auto insurance. If you are having issues with the insurance company you may want to read how to handle a dispute with an insurance company after an auto accident.
Negotiating a car accident claim can be daunting even for the experienced attorney, but taking on this roll yourself can not only be daunting, but also gives the insurance company the upper-hand. The biggest variable after an accident is determining the value of “special damages”, or pain and suffering. Believe it or not, no U.S. law exists that forces a claims adjuster to pay for pain and suffering. It is difficult to quantify the value of pain and suffering and without the knowledge of past case values it remains difficult for a victim self-representing a claim.
To get the maximize your car accident settlement, there are a few steps you can take. While taking these steps does not guarantee a big payout or the “most money” for your accident, they are an important component in building a strong case so that you do get the settlement you deserve.
Knowing your rights will put you at a major advantage when it comes to maximizing a car accident settlement. If you decide to self-represent that make certain to take the appropriate time to educate yourself thoroughly on the in-and-outs of the process to maximize your settlement value. We have many articles on this website to help.