The truth is the vast majority of car accident claims do not go to court. Instead, a settlement is reached in a conference room. Who is paying all of these settlements, then? Are thousands of Americans each year really dipping into their bank accounts to pay for their mistakes behind the wheel?
Insurance Companies Foot the Bill
The average person or household does not have the finances to pay for the medical bills, repair costs, and other damages associated with an average car accident settlement. To this end, when a car accident claim is settled, the insurance company of the liable party usually writes the settlement check.
This baton pass of financial accountability allows the typical person to be able to pay for the accidents they cause without bankrupting themselves. On the other hand, it also lets the injured receive fair compensation, as trying to file a claim directly against someone and their own assets would generally result in significantly smaller payouts. Car insurance is necessary by law for this reason; you are not really buying it for your financial protection, you are buying it to ensure anyone you accidentally injure will have a chance to be financially secure.
Uninsured drivers are a considerable menace on the road in this regard. If they crash into someone and cause thousands and thousands of dollars of damage, then they might not be able to pay even a fraction of the necessary compensation. If that injured party does not have uninsured motorist coverage, the financial issues are exacerbated even more so.
Even though we expect insurance companies to take care of any and all finances in the case of a car accident, this isn’t always the case. The truth of the matter is, insurance companies will often refuse to pay the necessary expenses despite it being their responsibility--they may do a cut-off or state that a claim is under investigation. This will put your case on hold and prevent you from getting the compensation you need and deserve. If this injustice occurs, it is essential you enlist in the help of an experienced and strongminded personal injury lawyer such as ours at Goodman Acker, P.C. We can represent you in your personal injury case and make sure the insurance company pays their end of the claim.
Do you require legal assistance after being hurt in a traffic collision? Goodman Acker P.C. and our Detroit car accident attorneys are here to fight for your right to fair compensation. We work closely with you throughout your claim, keeping you on top of matters as they develop. With our 75+ years of total legal experience, you can bet that we are prepared for serious settlement negotiations, or litigation if the insurance company representing the negligent driver will not budge. Contact us online or dial (248) 286-8100 for a free case review.