When a person has the unfortunate luck of being in a car accident, they can suffer expensive damages stemming from medical bills and repair costs. If the accident was the fault of another driver, it is important to note that you have the ability to pursue compensation through the justice system. However, those that have never been through a car accident lawsuit may need the answers to some common questions so that they know what to expect from this process.
Will Insurance Pay For All Your Damages?
To help protect individuals from the financial consequences of an auto accident, drivers are required to carry insurance. Unfortunately, there are some people that assume these insurance policies will cover all of the damages that they sustained. Yet, there are strict policy limits on this protection, and if the damages from the accident exceed this limit, you may need to pursue legal action against the driver to reclaim any compensation over their insurance's policy limit.
How Long Will It Be Before You Go To Trial?
Individuals that have never filed a lawsuit may assume that the trial for their case will occur relatively quickly. However, it should be noted that there can be some time before the actual trial, and there is no way to predict the time needed as the defense may be able to significantly delay the proceedings or your attorney may need time to build a strong argument for your case.
In addition to the attorneys needing time to prepare, they will also attempt to negotiate a settlement for the case prior to actually going to court. This is important for keeping the expenses of cases down as well as helping to expedite the process. If a settlement can be agreed upon during these negotiations, it can be possible to avoid the added expenses, uncertainties and delays that can come from going through a full trial.
What Happens When You Are Awarded Compensation?
When a claim is awarded damages, it is important to note that your attorney will likely receive the money first. This is to allow them to recover costs associated with trying your case as well as the get their fee. Once these costs have been subtracted, you will be written a check for the remainder. In instances where there is a structured settlement, you can expect to receive payments on a regular basis until the balance of the settlement has been fully paid. Luckily, you will be presented with itemized documents that show exactly what fees and costs you paid as well as any future payments that you can expect from the award. Contact a lawyer, such as Robert M Kaner Attorney, for more information.
I am a real estate attorney, and I have been helping clients buy and sell property for many years. Some clients do not realize their legal obligations and options when it comes to purchasing or selling a house or land. I hope that this blog will be a way for people to get information about legal issues in real estate and what they need to know when doing business. Buying and selling property can be complicated, and all parties involved have legal obligations. Know what is expected of you, and you will be able to get the best out of your real estate transactions.