Understanding How the Car Accident Settlement Process Works

If you have sustained injuries from a car crash, you are entitled to seek compensation for your damages and losses by filing a personal injury claim. This compensation can cover your medical bill expenses, wages that could not bear because of your recovery, and your pain and suffering. The car accident settlement process can be overwhelming if you try to deal with it by yourself. It is always a good idea to have a Car Accident Lawyer Grand Junction on your side. This way, the insurance adjuster cannot take advantage of your situation and strong need for financial assistance.

The settlement process includes more than just submitting a claim to the insurance company of the negligent driver and getting a check to cover your losses. Usually, it can include a lengthy investigation of your accident and negotiation between your lawyer and the insurance company. If a settlement is not reached through negotiation, your lawyer may suggest that you file a lawsuit. By having a legal representation, you have a better chance of getting a favorable settlement for yourself and your family. Read on to know how the car accident settlement process works:

Investigation of the Car Accident

After filing a personal injury claim with the insurance company of the negligent driver, the company will investigate the accident through their claims adjuster. The claims adjuster will review each piece of evidence that you present to prove the validity of your claim. This evidence includes the official police report for the accident, photos and videos taken at the scene, witness statements, your medical records, the location of the accident, and the testimony of the other driver.

Expert Consultation

Experts such as your doctor, an accident reconstruction specialist, and a civil or mechanical engineer can offer essential insight into your accident and subsequent damages. This insight can be used to strengthen your claim. 

Review of Both Drivers’ Insurance Policies

Colorado is a “fault” state for accidents. Thus, the person who was determined to be at fault for the accident should pay the damages you suffered. However, this driver may not have insurance or have insurance that does not cover all of your damages. Because of this, you may have to go through your own provider to make up the difference between the at-fault driver’s coverage and your financial needs.

The majority of car accident claims are settled outside of court. If your car accident lawyer determines the settlement offer of the insurance company is sufficient for your damages, they might suggest that you accept it. Make sure to accept a settlement offer only after consulting with your lawyer.