|• WHAT IS MY CLAIM WORTH?
• WHAT IS A STATUTE OF LIMITATION?
• HOW MUCH WILL THIS COST ME?
• WHEN TO RUN TO AN ATTORNEY AND WHEN TO WALK.
While it is impossible to predict an exact monetary figure when determining how much a personal injury claim is worth, a formula used by insurance claim adjusters will help a plaintiff calculate an amount that may prove useful when negotiations begin.
Understanding that injuries a defendant is liable for is extremely important. A Plaintiff may seek compensation for a number of damages including medical expenses, property damage, lost income and non-monetary damages such as pain and suffering. Because there is not a price tag on pain and suffering, which includes emotional damages, a formula is required to determine the amount of a claim.
A statute of limitation is a specific time period in which you can bring a claim. There are different statutes of limitations for different types of claims and they vary on a state by state basis. Furthermore, certain activities or events may automatically trigger a statute of limitation.
Almost all of our cases are handled on a contingent fee basis, which means a certain agreed upon percentage of the recovery. The percentage varies based upon the type of case.
Contacting an attorney who deals with personal injury can provide you with the peace of mind that no stone gets left unturned. Here are some tips for when you should run to an attorney and when you can just walk:
RUN TO AN ATTORNEY WHEN:
- An injury has occurred where there has been serious injury (broken bones / hospitalization) or where injuries are likely to be permanent (paralysis)
- A death has resulted from the accident
- Fault is clearly an issue
- Other parties were involved such as pedestrians or other autos
- The accident occurred in a construction area
- A police report does not accurately describe the accident and puts you at fault
- Important technical, legal or medical issues are involved
- The limits of your liability insurance are low
- You have no insurance or your insurance company suggests that you did not pay your premium
- Your insurer starts "acting funny"
- Your insurer involves its own attorney (in this case, sprint!)
WALK TO AN ATTORNEY WHEN:
- Seeking advice on the settlement value of a claim (while not an exact science, attorneys may be able to provide best and worse case scenarios)
- Unsure if other insurance (homeowners, travel, etc.) may be available
- Fault may be an issue
- Determining whether your insurer may be acting in bad faith (not looking out for your best interests)
- Seeking information on how to handle negotiations with an insurer
- You don't know your rights
- Confused over the terms of your policy
- Needing an expert to review confusing paperwork or forms