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Have you been in a fender-bender and are wondering what happens next? You aren’t alone. Car accidents can throw us for a loop and lead to physical, emotional, and financial consequences for all involved. In many instances, lawsuits related to accidents are settled out of court.
An accident settlement is a legal agreement between those involved in a car accident. It resolves any claims from the crash, so you avoid going to court.
The settlement process and negotiating fair compensation in the aftermath of a car accident can be stressful and overwhelming. Finding the best car accident lawyers, like Gage Mathers, can go a long way to reducing stress levels so you can focus on your recovery. We strive to get you the best possible settlement for your car accident.
Typically, the insurance company of the person responsible for the accident agrees to pay the person or people hurt. In return, the injured party agrees not to sue the driver personally.
The amount of money in the settlement will depend on the severity of the accident and the extent of the injuries. The goal is to resolve the matter fairly without additional worry or stress.
After a car accident, the parties involved in the crash, their lawyers, and their insurance companies start having conversations. They exchange details about the accident, injuries, and property damage.
From there, negotiations begin. All parties go back and forth about settlement terms and how much money is a fair payout. Each side tries to get the best deal during this phase.
Once everyone agrees on a number, agreements are signed and the settlement is complete. This process isn’t always smooth sailing, though. In many cases, it requires legal assistance from a personal injury lawyer.
How is fault determined in a car accident? Determining fault happens after piecing together what happened. This can be done by the drivers involved, police, insurance companies, arbitration, or a jury.
Investigations of the accident focus on traffic laws, witness statements, assessments of the crash site, and physical evidence like tire marks. Once it’s determined who’s at fault, that driver or their insurance usually pays damages based on the agreed-upon settlement.
If you’re also wondering who pays attorney fees in an accident, many personal injury lawyers work on a contingency fee. This means they get paid only if they win your case. If they succeed, they take a percentage of the settlement.
Anyone involved in a car accident can seek compensation for their injuries and damages–but there’s a catch. A lawsuit must be filed within the statute of limitations, which is the timeframe in which you’re allowed to file a claim. The statute of limitations for a car accident can vary depending on where you live and where the accident happened.
Also, be aware of the legal concept of comparative negligence. This means even if you’re partially at fault, you might still get some money. However, the amount may be less than you expect.
When negotiating a settlement after a car accident, there are a few tactics to keep in mind:
No matter your process, the goal is the same. You want a solution that works for everyone so all parties involved can move forward and put the accident behind them.
At Gage Mathers, we work tirelessly to ensure you’re adequately compensated for your car accident. We take pride in the great results we’ve achieved for our clients over the years. With a 99.9% proven success rate, we are not afraid to take on difficult cases that some lawyers may turn down!
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