If you have been involved in a car accident and are expecting to receive a settlement from the insurance company, then you might have a lot of questions in your mind. These are some of the things that you will probably want to know about receiving a car accident settlement.
1. It Might Take a While
First of all, you should be aware that it might take a little while for you to get your car accident settlement. Although it would obviously probably be better if you were able to get your money more quickly, you might find that it will take months — if not longer — for you to get the settlement that you are entitled to. After all, many insurance companies do fight each step of the way in an attempt to get out of paying a settlement.
2. You'll Probably Have More Success If You Hire a Lawyer
It isn't actually technically required for you to have a car accident lawyer in order to receive a car accident settlement. However, you will probably find that you are a lot more likely to receive a settlement if you hire a car accident attorney. You probably will not want to hire the first car accident attorney that you come across, either. Instead, you should take your time to look for an attorney who offers good legal representation and who will help you with each step of your case in the best way possible.
3. You Probably Will Not Be Able to Sue Again
Once you actually accept a car accident settlement from an insurance company, you typically will not be able to sue the insurance company for anything related to the same car accident again. Because of this, you should make sure that you are completely satisfied with the settlement that you are being offered before you ever accept it. Make sure that the settlement amount is enough to cover your medical bills and other related costs first, no matter how temporarily blinded you might be by the promise of a payout.
4. Your Attorney Will Probably Get Part of Your Settlement
In many cases, car accident attorneys do not charge upfront fees. Instead, they charge their customers a percentage of the settlement, and they typically receive this money out of the settlement. Make sure that you are aware of how much your attorney is going to charge beforehand so that there are no surprises.
Reach out to a firm like Wolfe Jones Wolfe Hancock Daniel & South LLC for more information.
When you are faced with a serious legal matter, it only makes sense to work with an attorney who has the skillset to help. Attorneys are specially trained to manage everything from courtroom appearances to issues with paperwork, which is why you should have one on hand for when you are faced with an emergency. The purpose of this blog is to make it easier to understand when you should call a lawyer and how they can help. Read more on this blog to sort out everything you need to know to improve your legal prowess every single day, preventing problems.