Why Insurance Matters In A Personal Injury Claim

If you’re injured and find yourself involved in a personal injury claim, there are countless factors that will impact the value of your case. The most important thing is insurance.

When involved in a car accident or other event that results in your injury, you should first receive medical attention. Medical records and a documented treatment plan is the main source of evidence in a personal injury claim. Once you’ve done that, gather the insurance information of the party that injured you.

In some cases, the other driver or party has no insurance at all. This is extremely unfortunate, as this severely limits how much in damages you can recover. For example, if you’re hit by a hit-and-run driver, there is no negligent party to track down and seek damages from. In cases such as those, you’ll likely have to rely on your own insurance policy to cover your injuries.

Once you’ve sorted all that out, and the negligent party has liability insurance, you can now start to see how the amount of coverage the other party carries will affect your result. If the accident is minor and you suffer small injuries, the insurance company will deny you a large settlement. They know that a jury would not be convinced of your story.

On the other hand, severe injuries could cause the insurance company to settle quickly. If there is a limited policy, insurance companies will look to avoid the case going to court.

Finally, insurance companies will fight very hard in cases where there is significant liability coverage. Insurance companies make their money by receiving premiums from their customers and fighting tooth and nail to avoid paying large settlements when there are accidents. Having an experienced car accident lawyer on your side in the event of a car accident can be a smart step to recovering the maximum compensation available.