vehicle accident
Motor Vehicle Accidents – Checklist From Lawyers
Car accidents can have complicated deadlines, which if you are not careful in observing, can mean the loss of benefits. Normally you have three years to sue a private party for your auto accident injuries but there are some shorter deadlines.
For example, and very importantly for no-fault benefits (that is your own car’s insurance that pays your medical bills or if you are a pedestrian the insurance on the car that hits you) you have only thirty days to file your application with the correct insurer to collect payment for medical expenses and loss of earnings of up to $50,000.00. If you are one day late you lose the right to these benefits. That’s why it is important that you make sure you immediately identify the correct insurer. And if in doubt, file with them all. You can sort it out later.
What to Do After a Motor Vehicle Accident
The time to learn what to do after a motor vehicle accident is before it happens. Every driver in the United States will be involved in a motor vehicle accident at one time in their lives statistics prove. Whether as a driver or passenger, a fender bender or an accident with injuries, odds are you will be involved in an accident at some point.
Accidents are unexpected, stressful and frightening. Even very careful drivers may be involved in an accident through no fault of their own.
Motor Vehicle Accidents – The Prime Case For Lawsuit Funding
A litigation loan occurs when a lawsuit funding company offers a cash advance against the future proceeds of the case. In other words, a plaintiff receives cash now in return for money if and when the case is successful. In this post we examine the preference among companies in the pre-settlement loan business for automobile accident cases.
By far, the majority of cases considered by lawsuit funding companies are personal injury actions. Examples of these cases are slip and fall accidents, pharmaceuticals, products liability, workers compensation, and automobile accidents. Preference to automobile cases is usually given for the following reasons:
Vehicle Accident Claim
If you are involved in a vehicle accident, it’s almost always important to file a vehicle accident claim with your insurance company as soon as possible. Especially if someone else was involved and they were injured, you must do this as soon as possible. If you do not file it right away, there’s a chance that your insurance company may decide for one reason or another not to cover you and you may be personally liable for a huge financial settlement that could come out of the accident.
Most insurance companies have a special phone number for filing claims, whereas others even allow you to file the claims online without even needing to wait on hold on the phone! Typically, the insurance company will not pay you anything for the claim until you pay for the deductible which is the amount that you are personally liable for before the insurance policy kicks in. This means that if your car is damaged in a minor way that will cost less than your deductible, you may actually not want to file a vehicle accident claim and simply pay out of pocket to get the problem fixed.
