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Rear-End Collision In Texas? Don't Ignore These Tips To Max Your Settlement! (2022)

Автор: Fulgham Hampton Law Group

Загружено: 2022-02-10

Просмотров: 1691

Описание:

Rear-End Collision In Texas? Don't Ignore These Tips To Maximize Your Settlement!

Our law firm gets calls from rear end accident victims wanting help for how to maximize their settlement. I think its important to first understand that your settlement is determine primarily by 2 factors: (1) who was at fault? (2) How bad were your injuries?

HOW LONG WILL IT TAKE TO SETTLE MY REAR END COLLISION CLAIM?
This is a bit of a complicated answer because it depends upon the combination of 2 factors: the available insurance policy limits and the severity of your injuries.
1. Low Insurance Limits and Minor Injury = longer to settle the claim
2. Low Insurance Limits and Serious Injury = Usually a quicker settlement timeframe. Why? Because the insurance company knows there is a serious injury so they may be quick to offer the settlement limits.
3. High insurance limits and Minor Injury = Longer to settle the claim
4. High Insurance Limits and Serious Injury = Longer to settle the claim because it will take a long time to treat your injuries to get full settlement value. For instance, in the example I spoke about earlier, it took our client 2 years to settle because after her surgery, she was required to receive physical therapy but complications occurred that required additional treatment options. This played a major role in settlement negotiations because we wanted to make sure our client was compensated fairly for her injuries.
Now, to further illustrate why some rear end collisions take longer to resolve, let’s examine the example I have been talking to you about. Initially, the insurance company only offered our client 30K settlement for her injuries. It is very common that the first offer by the insurance company is a low ball offer that you should never consider. If she had accepted their initial offer, she would have missed out on a 10X increase in her settlement.
By fighting the collision claim, we were also able to attack the driver’s uninsured motorist provision to maximize her recovery. Remember, she was a passenger in the car so we were able to determine settlement from both the driver of the 18 wheeler but also the driver of the car she was in as well.
By determining the maximum coverage available and arguing the unpaid medical bills and pain and suffering our client endured, we were able to help her enjoy a 10X increase in her settlement, which financially changed her life.
Additionally, she was able to keep more of the settlement in her pocket because we were able to go back and negotiate down the unpaid medical bills with the medical providers to 1/3 of the original expenses. This significantly increased the amount of the settlement she was able to keep in her pocket

So, to wrap up this video – let’s examine the factors that can play into an insurance company agreeing to a settlement claim on a rear end collision quickly:
1. Was the rear-end collision a high impact crash? Usually, the more impactful the crash, the greater the settlement value will be. In other words, the more damage to the car, the higher settlement value.
2. Did you go to the hospital? If you were transported to the hospital, as a general rule, the insurance company will offer a more generous settlement.
3. Is the insurance company of the at-fault driver a decent company?
4. Are you the only person making a claim on the insurance? If there were other passengers or individuals involved in the car accident that could make a claim against the available coverage, the insurance company may be quick to settle with you.
Rear end accidents are only one type of car accident case that can exist and there are many other strategies that can apply to maximize your settlement recovery for your car, truck or 18 wheeler accident case.
If you have suffered a rear end accident case in Texas and would like to learn more about your options, subscribe to our Youtube Channel and give us a call for a free consultation to discuss your situation.


0:00 How to Maximize Your Injury Settlement in Rear End Collision?
0:58 #1 determining factor of your settlement!
01:20 #2 determining factor of your settlement!
03:15 What will happen if the guilty driver has no money or sufficient insurance coverage?
03:33 How long will it take to settle your Rear End Collision claim?
06:57 Remember: it is extremely common for insurance companies to low ball the offer at the very beginning!
11:07 What if you don’t have health insurance and you were rear ended?
12:13 What are the benefits of an experienced personal injury attorney?
14:50 What are the 4 main factors that you need to consider?

Rear-End Collision In Texas? Don't Ignore These Tips To Max Your Settlement! (2022)

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