How to Collect From Your Insurance Company in Louisville, KY
If you are injured in a car crash, chances are the insurance adjuster will attempt to settle the claim before you hire a lawyer. Did you know that an insurance settlement is likely to be much higher if a lawyer is involved? In fact, the Insurance Research Council found that on average, after payments of attorney fees and costs, an injured person receives 3.28 times more than a person who does not have a lawyer (Insurance Research Council 1999 study). So if you have been injured in a car accident, stop reading and call an attorney immediately.
What happens next?
If you decide to hire an attorney, after consultation with you, an attorney may pursue various options to help you get the outcome you deserve. This includes filing a lawsuit on your behalf. This lawsuit can be settled prior to trial or litigated before a jury. The choice is ultimately left up to the client. If the decision is to settle the case, there are many factors that can affect the value of a case, and more importantly, how much money you will receive. The settlement value of a case is a prediction of what a jury will decide your claim is worth. Different juries, however, may arrive at different verdicts under the same set of circumstances. It is important to know your rights and make the best decision for you, whether that means going to trial or reaching a settlement. Many car accident attorneys operate on a contingency basis which means the attorney only gets paid if the client gets paid through settlement or trial. If you have any questions, or require further information, don’t hesitate to contact us.
Kentucky’s No Fault Insurance Law
Even if an accident was your fault, by statute Kentucky has what is called “no fault” insurance requirements. Essentially, this means an insurance company is generally required to pay $10,000 in medical bills no matter who is to blame for the accident. This is called Personal Injury Protection. (for more information click here.) If your auto insurance company is refusing to pay your bills, you should seek counsel immediately. If you, or someone you care about, has been injured in a car accident, contact legal counsel as soon as possible. In Kentucky, there is a two year statute of limitations from the time of the car accident in which a complaint can be filed. Do not hesitate to email any questions or request a free consultation.