Going through a car crash is already a traumatic event, and when the accident is the result of another person’s negligence, that trauma escalates further. The idea of going to trial may seem too costly or stressful to go through while still in recovery, and, fortunately, there is another option for those situations: settlement.
If you have decided to accept a settlement rather than going to trial after a car accident in Mount Pleasant, seeking legal counsel could be beneficial to provide advice and fight for the best possible compensation.
Settlement Process in Mount Pleasant
The settlement process typically begins with negotiations with the adjuster at an insurance company, who asks for the demand package an attorney has created. The demand package includes a collection of medical records, including those for any pre-existing conditions dating back to up to 10 years before the victim was in the accident. The package also has any available and pertinent evidence of the car wreck, such as photos of the accident, witness statements, and photos of the injuries.
Once the attorney submits the demand package to the insurance company, they begin the negotiation process to agree on a settlement, which can sometimes go back and forth until the plaintiff gets an offer they are satisfied with. A qualified attorney could ensure that any liens in the case are taken care of before settling the case with the insurance company.
Finally, the insurance company sends the car crash victim the settlement check and the release or covenant not to execute to sign.
Potential Issues When Negotiating a Settlement
When going through the settlement process after a car accident in Mount Pleasant, issues may arise during negotiations. Some of those issues include the following:
- Evidence of the extent of the victim’s injuries,
- Evidence of the property damage from the crash
- What medical treatment the victim received
- The cause of the medical treatment
Subrogation is essentially the right of certain parties to be repaid money that they have paid out during the course of the claim. For example, if an individual is injured and receives medical treatment from a variety of doctors who billed their insurance, the insurance company is entitled to be repaid out of the settlement. There are laws in place that determine how much the insurance company can be repaid, which an attorney could help explain if it is applicable to the car crash victim.
An Attorney Could Assist in Your Settlement after a Car Accident in Mount Pleasant
The consequences of a car accident can be lifelong, but you deserve to have any financial compensation available to help you in your recovery. An attorney with experience working with insurance companies could give advice to help you reach an adequate settlement.
It is ultimately up to you to decide if a particular settlement offer seems reasonable to you in comparison to your injuries, any losses, and your expenses. However, attorneys are here to help. Schedule a consultation today.