How did my client get the most out of the settlement?
Like most car accident cases with serious injury and plenty of insurance coverage, most of the settlement was for pain and suffering. Also, like most car accident settlements, my client got the most of the settlement money after my lawyer fees, costs and paying back his health insurance company.
How much will my workers’ compensation insurance company get from my settlement?
The total settlement was $35,000. After my car accident lawyer fees and costs, Sandra gets a check for $23,333.33. Normally, you have to pay back the workers’ compensation insurance company from your personal injury settlement. However, they must reduce their claim (lien) by your attorney’s fees and costs and other factors.
What is the average settlement for a car accident?
In sum, we settled the entire case for $325,000. Like most car accident cases with serious injury and plenty of insurance coverage, most of the settlement was for pain and suffering. Also, like most car accident settlements, my client got the most of the settlement money after my lawyer fees, costs and paying back his health insurance company.
How much does it cost to settle a GEICO claim?
At first, GEICO offered only $14,780.15 to settle this case. Ultimately, I settled Doug’s case for $65,000. Medicare, AARP (United Healthcare), Farmers Insurance ( med pay) paid the bulk of his medical bills. Thus, he had to pay them back from the settlement.
How Much Did He Get in His Pocket?
After my attorney’s fees and costs, and me paying his medical bills and health insurance lien, Pat got $29,235 in his pocket. In other words, he got 59% of the payout in his pocket.
How to get the most money from an auto accident?
However, having a big injury is the first step to getting the most money from an auto accident. As soon as possible, you (or your lawyer) needs to preserve any evidence. This includes, preserving any event data recorders (“black boxes”) in the vehicles.
How much did Allstate pay for a pedestrian's foot?
Allstate paid $10,000 after a driver ran over a pedestrian’s foot. He claimed a soft tissue foot and ankle injury.
Did Sedgwick have bodily injury liability insurance?
When Eugene rented the car, he did not list Ashley as an additional driver. And since Ashley wasn’t married to Eugene, Sedgwick did not offer bodily injury liability coverage above $10,000. Unfortunately, this is the law.
Determining Your Damages
Personal injury claims rely on negligence. For a victim to be eligible for compensation, they must be able to prove that the other involved party was negligent in some way and that the negligence caused the victim an actual injury. The injury can be physical, mental, or even be damage to property.
Insurance Limits Can Affect the Settlement Process
It is often the insurance company that offers the settlement. Insurance policies have limits. So, the settlement may be affected by the insurance limit.
Need Help Negotiating Your Personal Injury Settlement?
Thompson Law is a team of experienced personal injury lawyers with serious and effective negotiation skills. If you need help with a personal injury claim, call us now at 866-293-4768. The call and the consultation are free.