Tuesday, May 28, 2013

Car Accident Compensation - Getting the Settlement You Deserve

Car accident compensation means we are now talking about figuring out the money side of your car accident. If you were injured in a car accident, by another driver, you can ask the other drivers insurance to pay you a cash settlement, OR, if that driver was not insured, you may request this settlement against your own underinsured motorist coverage on your OWN insurance, if you have this coverage.



     All the pressure the insurance company is putting on you right after your accident is designed to make you believe something that is not true. There is no rush. Don't allow anyone to pressure you to sign any piece of paper related to this accident without the advice of a personal injury attorney.
I am going to say this a few times because it is so important to your future, do not sign any documentation with the insurance companies in exchange for cash, until you have finished your medical treatment.

     After you sign a release to close this case, no matter how serious your injuries in the future, you cannot go back for more treatment, or compensation, even if you made a mistake.
 
Before you go any further, you need to first check the Statute of Limitations for your State. Every State has a set time limit which begins the day of your accident. You do not need to rush, but you need to know when you State requires you to settle your claim with the insurance company or file a lawsuit.
You must do one or the other BEFORE this Statute of Limitations runs out. There is nothing that can be done if you go past this date, your rights to recover anything come to an end.

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