Have you been in an accident?
If the answer is yes, you have probably wondered who is responsible. You may even feel bad that whoever caused the accident is the one who has to cover the expenses, but this is not necessary. In this week’s blog, we will explain who is in charge of covering your compensation, along with some essential tips to facilitate this process.
The main person responsible for covering the expenses is your insurer. They are the ones who will cover your medical costs, any damage to your personal items, and part of the salary you lose due to the injuries you may suffer. This may seem like an extensive list of needs that your insurance can cover, but it all depends on the amount for which you are covered.
Insurance companies are essential for everyone because they help avoid putting your finances and your family at risk. Having insurance will be vital in reducing the emotional impact that this type of incident can bring. However, insurance companies are also a business, so they will not always agree to give you the necessary and fair amount to cover all your expenses.
In general, insurance companies are very strict with their compensation concerning pain and suffering. This compensation is focused on covering the expenses of emotional stress and physical pain. This includes the effect the incident may have when it occurs and in the future. Putting a monetary value on this suffering is the responsibility of the court. After this amount is decided, your attorney will try to reach an agreement with the attorney for the insurance company or whoever is responsible for the accident.
They will do their best to reduce the payment regardless of whether their client is at fault for the accident. After all, these are businesses, and they need to keep their expenses low. We share this information with you so that you can take the time to understand the limitations of your plan’s policies and the most likely amount they will pay.
If you need an attorney to receive just compensation for the personal injury you suffered, please contact us.