Auto Accident Claim Compensation You should be aware of your rights and options in the event that you are involved in an auto accident. First, you need to gather the necessary documentation. Record the accident's location and any injuries. These documents should be handed over to your attorney. You might also want to check with your state's Department of Motor Vehicles to verify if your driver's licence or registration was revoked or suspended. Damages that are covered by traditional auto insurance A standard auto insurance policy pays for various expenses like repairs to your own vehicle and repairs to other people's vehicles. If you are injured, it will pay for legal fees. You can also opt to add roadside assistance or loss of use coverage to pay for towing. Collision insurance will pay for the cost of your car's repairs, less your deductible. In some instances your insurance company may try to collect the amount from the other driver's insurance company. It is important to keep in mind that not all insurance policies cover other drivers. You should consider other options if concerned about your insurance not covering repairs to the vehicle of the other driver. Uninsured motorist insurance may also be purchased. This will help cover your medical expenses and other accident-related expenses. In certain states it is mandated by law. Although this coverage is optional and not mandatory, it is beneficial in a variety of scenarios. For instance, in the event of an auto accident where you were at fault you could be eligible to receive a payment for medical expenses. You should consider getting special insurance if you own a high-end vehicle. Standard auto insurance policies can be used to cover all kinds of vehicles, but the high-performance and classic models require special coverage. They are generally more expensive than regular vehicles and are more susceptible to theft and require specialized repair. This is why an insurance policy for cars that is standard will not cover these kinds of vehicles. These vehicles require a separate insurance policy. Comprehensive and collision insurance coverage should also be considered. These policies protect you from damage that is not caused by collisions such as vandalism, weather, and animal damage. Comprehensive coverage is available in many states, however it may be required by your leaseholder or lender. Comprehensive coverage could also cover the cost of medical payments for injuries , or funeral expenses however it does not typically pay for any lost wages or other costs. Non-economic damages are not covered While non-economic damage isn't normally covered by auto accident claim compensation however, they are essential to document. These damages aren't tangible, but can result in significant emotional and physical discomfort. To be able to claim this kind of damages, you will need a personal injury attorney to document the damages and present them to jurors. Non-economic damages include suffering as well as mental trauma. These kinds of injuries are as real as financial loss. They can have a devastating impact on your life. They can also cause anxiety, grief, or depression. Finding a way to convince an insurance company that they should cover these types of losses isn't easy. Other damages not covered by the auto accident claim compensation include lower quality of life. The trauma you endured during the accident may hinder your enjoyment of certain activities. These losses can result in significant compensation but not all of it. In some instances it is possible that a person cannot work at all due to the injuries. Non-economic damages are usually limited up to two or three times the economic damage in some states. In certain cases, they are limited to a smaller amount. They are calculated by taking into account the length of a person's recovery, the intensity of pain, as in the mental impact of an accident. The amount of damages you incur can be determined by your attorney. Other damages that are not economic include scarring handicaps, and chronic pain. These kinds of damages can be very important in the care of someone who has been injured. These types of damages are subject to limits in Florida since the statute limits the amount that can be used for suffering and pain. Timeline for submitting an offer It is easy to get confused following an accident. It is important to make a claim to be compensated as soon as you can. The faster you submit your claim, then the sooner your attorney can assist you. Although some states have strict deadlines to file claims, it is important to remember that the clock starts from the date of an accident. You must provide all information required by the insurance company when you submit your claim. This includes the police report, any photographs which show the extent of damage and the insurance information for all parties involved. The insurance adjusters will review your claim and determine how to compensate you for the injuries you sustained and damage to property. Three years from the date of the accident is when you have to submit a claim. There are exceptions to this policy. In many instances the time frame for filing a claim is shorter. If the accident was your fault, however, you should submit your claim within three years from the date of the accident. The timeframe for filing claims is different in each state. For example, a no-fault claim has a 30-day deadline and a lawsuit has a three-year deadline. These times can vary therefore it is imperative that you consult a lawyer before you file your claim. It is essential to make your claim as fast as possible in all cases. The earlier you file your claim, the sooner you can begin collecting evidence. Remember, memories fade and witnesses could leave. The insurance company will look into the claim and make an offer for settlement. You may appeal to a claims adjuster in the event that your claim fails. If the insurance company is unwilling to settle, you are able to file a lawsuit in court. Cost of filing an insurance claim The costs involved in filing a claim differ according to the type of accident. It is important to know your policy's limits and ensure you have the appropriate coverage. The amount you receive in compensation for your injuries will depend on the severity of your injuries and the damage to your vehicle. Settlements do not always cover the full cost of an accident. Attorney fees can range between a few hundred and thousands of dollars. They can go over $100,000 in severe injury cases. In most cases, these expenses are only a fraction of what it costs to go to trial. Be aware of this when discussing expenses with your attorney. Insurance companies can offer to pay for a rental car or substitute transportation. If you're at fault for the accident, your insurance company may pay for a rental car or alternative transportation. Also, you should know that insurance companies won't pay the cost if you're 50% or more responsible. As a result when you're involved in more than one accident you'll have to boost your insurance coverage. After an accident, it's easy to get overwhelmed by the expense of repairs and medical bills. You'll also likely be suffering from emotional traumas that can last for years. Accident-related injuries to your car can be very grave. It's essential to submit a claim as fast as you can. If you put off filing a claim for too long, you could miss out on the compensation you're entitled to. After you file your claim, the insurance company will review your claim. In some cases they may attempt to negotiate with you and resolve your claim, whereas in others, they'll reject your claim. Limitations on coverage Your insurance policy for your car should cover damages incurred by the other party if you are involved in an accident. In some states the minimum amount of liability for each party is twenty five thousand dollars. In some jurisdictions, the limit may be higher. Additionally, liability limits cover damages to the other party's property as well as serious injuries. It is important to be aware of the maximum limits of your policy. A majority of drivers have minimum liability coverage. Others choose to purchase additional insurance with higher limits. These limits are crucial to determining how much you can be awarded in a case that involves vehicle injuries. If the insurance policy doesn't cover the damage you have suffered as a result of the accident, the other party is likely to be unable to compensate you for any amount. There are also different deadlines for filing lawsuits. You could have up to one year to file your lawsuit depending on the state. But, this is contingent on the nature of the claim you have. There are different limits for workers compensation claim, malpractice claims, intentional claims. In general, the best rule is to consider the time of limitation starting from the date of the accident. Insurers determine the limits for bodily injury and property loss in auto insurance policies. Normally, claimants can't exceed the limits. If the other driver's insurance policy limits you to fifty/100 for bodily harm and twenty-five thousand for property damage, you'll need to seek out additional compensation in order to get the compensation you need.