Role of Money in Car Accident Injury Law

If you have been injured in a car accident, you can be compensated for your injuries and any property damage because of the accident. Your expenses following a car accident may be very expensive and could include extensive medical bills including a hospital stay, physical therapy treatments and surgery. In addition, if you missed days of work because of the accident, you can recover expenses for lost wages. Depending on the severity of the car accident, you may be able to recover damages for pain and suffering.

Money is the Justice in Injury Law

The only way to compensate an injured party for harm inflicted because of a car accident is to compensate the victim. Therefore, money is the only justice that an injured party will see following a car accident. Unless the police press charges against the party that injured you, the negligent driver will not face any other penalties following the accident other than paying your expenses. Driving negligently is a civil offense, not criminal, so unless alcohol or other circumstances were involved in the accident, money damages are the only consequences a negligent driver will face following an accident.

Damages are paid to an injured party to try to make the injured party whole again, or as close to what they were before the accident as reasonably possible. For example, damages to repair your car are intended to restore it to its condition prior to the accident.

Attorneys Must Consider the Money Value of Injury Claims

There are two types of basic fee agreements between an attorney and her client. The first is an hourly fee based on how many hours the attorney spends working on the case. The second form of fee agreement is a contingency agreement. A contingency agreement is based on the idea that the attorney will not be paid unless she wins the case for the client. In a contingency fee agreement case, the attorney is paid a percentage of the money the client is awarded. The majority of car accident and personal injury cases are contingency fee agreements. Therefore, before accepting a case, an attorney must consider whether the case is likely to result in a win for her client.

How the Insurance Company Approaches Injury Claims

Following a car accident, you will need to submit an accident claim to your insurance. If the accident is not your fault, your insurance company may attempt to collect your damages from the other party’s insurance for you. However, if the accident is your fault, some or your entire accident claim may be denied by your insurance. Your accident claim may be denied because your insurance company is a business too, and if the accident is your fault, they will have to pay the injured party damages to compensate them for your negligence.

How an Injured Person Can Protect Their Rights to Compensation

To protect your rights to compensation following a car accident, seek medical attention immediately. Keep a record of all medical expenses and property damage that you paid because of the accident. In addition, speak to an attorney as soon as possible. An attorney will advise you of your state's statute of limitations. Each state has a different statute of limitations for personal injury cases. The statute of limitations is the time you have following an accident to file a lawsuit. If you file your lawsuit after the statute of limitations has passed, your case will be barred from litigation.

Getting Legal Help

If you have been injured in a car accident, contact an experienced personal injury attorney as soon as possible. An attorney can evaluate your case and help you receive compensation for your injuries.

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