Even after being a loyal customer paying premiums on time, accident victims rarely find their insurer to be as generous as they would believe.
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I want to talk about one major benefit of hiring a personal injury attorney. It gives you leverage. Insurers know that if you don't have a lawyer on your side, you are in a "take it or leave it" situation.
Almost every major insurance company raised rates. Progressive penalized not innocent drivers the most by an average of 16.65%. Geico and Farmers were not far behind Progressive at 14.1% and 11.1%, respectively.
To protect yourself in the best way from a loss in an accident it is important to know the value of the insurance coverage, to know what Personal Injury Protection or PIP coverage is.
Mediations fail to resolve the dispute in a bodily injury case for a variety of reasons. This article seeks to explore what this mediator sees as the top 3 recurring reasons that personal injury claims fail to settle.
A passenger is generally in the best situation of anybody involved in an automobile accident because a passenger, unless a passenger is waving in the driver’s face or something, or distracting them, a passenger is usually never at fault.
We all know that it’s not necessary to buy an insurance policy if you’re going to take a walk or ride your bike, thankfully. However, if you’re hit by a car while doing so, does that mean you’re unable to be compensated for your injuries and losses? Fortunately, no, thanks to PIP.
Logic would seem to dictate that the less severe the injury, the simpler it should be to resolve your personal injury claim. However, that is not always the case.
Yes, you should always notify your insurance company of any accidents. You can notify the other insurance company, the adverse or defendant insurance company, or you can let us do it, which we prefer.
Unfortunately, I have experienced many incidents when a potential client may have been under the impression they had Full coverage only to discover through an initial assessment of their case that they actually have “fools coverage”, less coverage than what they were led to believe they had.
Insurance companies don’t want to pay for diminished value for obvious reasons. With an accurate appraisal created by a diminished value expert you may be able to change the insurance company’s mind about what they should really pay.
So you’re severely hurt, and it’s clearly because of someone else’s negligence. You can’t work at all, and it’ll be months before you can start again.
But, your personal injury lawyer tells you it’s still likely going to be months before you recover compensation for your injuries.
Texas does not require you to have PIP. However, insurers must give you $2,500 as part of your policy if you don’t specifically reject PIP. You can pay increased premiums for higher PIP limits.
Anthony Castelli's Free ebook Lets You in on Insurance Company Tricks to Know after Suffering a Personal Injury
Mr. Castelli co-wrote this book with 14 other attorneys across the country, and it has helped thousands of injured victims each year protect their rights when dealing with insurance companies.
If you have the minimum liability coverage, the person wounded will only receive $25,000 from your insurance policy, no matter how injured they are. If more than one person is hurt in the same accident, the policy will pay out no more than $50,000 for the total accident.
Also, it shows passengers suffer the most harm with severe injury. Furthermore, 70 percent of fatalities in car crashes happened with a passenger in the vehicle.
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