Why should you hire a car accident lawyer? There are many reasons, but the benefits are well worth the price. You may be wondering, is a contingency fee a good idea? Or, should you just hire a car accident attorney who is expensive but has a proven track record? There are benefits to both types of lawyers. Let’s take a closer look at both.
Uninsured motorist coverage can be collected by filing a lawsuit against the uninsured driver
Although the monetary award from a lawsuit against an uninsured motorist is minimal, suing an underinsured motorist may still be worthwhile. In many cases, the underinsured motorist has no assets and therefore cannot pay the judgment. Filing a lawsuit against an uninsured motorist can be beneficial if you have significant assets.
The uninsured motorist’s insurance policy pays up to the limit of your own liability policy. Typically, this limit is the liability policy limit of the negligent driver. If the other driver has an underinsured motorist policy, the underinsured motorist’s insurance company will pay up to the amount of the liability policy limit. When the underinsured motorist has no insurance, it will pay for your damages.
Your insurance company may have a set deadline for uninsured motorist claims. To meet these deadlines, you may have to obtain a statement from the uninsured driver’s insurer. The insurance company should also tell you how much coverage you have on the accident. If the case value exceeds the value of the defendant’s liability insurance, it can be filed against the uninsured motorist.
When you hire a car accident lawyer, you can expect to pay a contingency fee. A contingency fee means that the lawyer will not charge you until they win your case, either through a settlement or through a jury verdict. The amount that you pay is typically a percentage of the amount that the defendant pays you. You and your lawyer should sign an agreement outlining the terms of the contract, including the percentage that you will pay as fees.
Many lawyers offer contingency fees for car accident cases. These attorneys represent you without charging you a retainer or hourly fees. In exchange for a percentage of the recovery, you can be certain that you won’t be paying the lawyer until he wins. This is why many people don’t seek out legal representation immediately after a car accident. Instead, they hesitate because they don’t think they can afford to hire an attorney and pay the high hourly rate. But the truth is that most lawyers do not require a retainer or upfront fees for their services.
If you or a loved one has been involved in a car accident, you should seek the advice of an experienced car accident lawyer. Insurance companies are businesses, and they are motivated to keep costs low and profits high. As such, they will often only pay the bare minimum amount to cover medical expenses and other basic repair costs. An auto accident attorney can help you fight for the maximum compensation that is due to you. A car accident attorney will also fight for your rights in court.
After an accident, you should contact a car accident attorney right away. Hiring an attorney as soon as possible is beneficial since it will allow them to inform you of your rights and help you make a claim if necessary. A car accident attorney can also handle all the details of the accident, including the insurance companies and medical expenses. The benefits of hiring an auto accident attorney are numerous. This is especially true if you or a loved one has been injured in an accident.
You should always seek legal representation after a car accident, even if you don’t believe you have a case. Insurance companies make money by collecting as much premium money as they can, then holding onto that money for as long as possible. Often, this leads to a less-than-fair settlement. Insurance companies don’t have your best interests in mind. A car accident lawyer will take your case aggressively and make sure you get a fair settlement.
The next step is to contact your insurance company and file a claim for the damages you have suffered. This is essential because insurance companies will likely require a life care plan outlining the economic harms you will incur in the future. You should also document the details of the accident and seek medical attention if you need it. Obtaining a medical report is also essential, as the adrenaline rush during a car accident can mask pain. A doctor will be able to assess your injuries and render a professional opinion that is vital when you take legal action against the at-fault party.