Question by Aaron: what do you think my car crash settlement will be i got in a car wreck in orlando a lady ran a stop sign?
a lady ran a stop sign in orlando and hit me caused 5k worth of damage to my car and i have been in treatment for tissue damage for a month and a half i have a lawyer i have another month and a half of treatment anybody know what kind of settlement i will get
Best answer:
Answer by tampabaylive
The other persons insurance company will be in contact usually by first light the next day to try to get to you before you have time to consult with an attorney or to think about what happened too long.. They will want to get a recorded statement from you… Decline this, tell them that there is not going to be any recorded statement at this time… This way you have refused the statement but allowed them to think you may do it at a later time… They will likely not take no for an answer and try to convince you that it’s just a simple procedure they have to do and won’t take too much of your time at all…
Tell them again there will be no statement.. They will likely ask you if you’ve retained an attorney then, tell them No you have not , that you feel that this matter could be resolved without involving attorneys.
This should please them and will save you money in fees later on at settlement…
Now comes treatment for your injuries… Even though you may not feel much more than a headache or what appears to be other relatively minor ache and pain I urge you to seek out a chiropractor who will assess your condition and advise you as to what course of treatment he prescribes for your condition..
It is possible that you have need for treatment prior to the accident but the accident brought your problem to the forefront with the impact, meaning your headache and or other pains…
Start treatment with your Chiropractor and depending on your condition might need to be treated 3 days a week for a several weeks then 2 times a week for a several weeks then once a week until he releases you from immediate treatment…
This is where the negotiation for settlement comes into play… Once you have a total medical bill to work with you now have a basis for negotiation…
Even though your PIP insurance pays for your medical, you still use the total medical bill for negotiations…
You should typically end up settling for 2 to 2.5 times your total medical bills for your pain and suffering.
Don’t accept the measly amount they will try to offer you at first, tell them you were hoping to resolve this without attorneys, and that you will need a more reasonable offer, they will likely increase the offer immediately but only by 500 or 1000 bucks….decline again and they will likely tell you they have to talk it over with someone…
Tell them (example I have 3000 in medical bills) so your offer is going to have to be reasonable compensation for that amount…they know what’s protocol, they are just doing their job by trying to give as little as possible..
When you finally arrive at a mutual settlement amount, have them mail you all the paperwork…and when you receive this, take it to your bank to have your signiture notarized and send the paperwork back to them and a check for the agreed upon amount will follow in about 10 days… They usually expedite the check to you as they don’t want you to change your mind…
This of course will save you 33-40% in attorney fees, and unless you have a complicated major injury case, you’ll do just as well as an attorney… we’re led to believe we’re not capable of settling these issues ourselves…that is just nonsense…
Good Luck and I have applied these techniques about 6 times and I’ve always gotten nice settlements of between 5-10 grand…
You said you have an attorney?.. well it’ll be handled properly for 1/3 fee…hopefully the responsible party has a high limit coverage.
There is one other possibility, that is to go after your own uninsured/underinsured motorist…
Good Luck…
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{ 1 comment… read it below or add one }
You may get nothing, you may get something. No one (not even your lawyer) can tell you what you may or may not get. No settlement will be made or offered until you are completely finished with your medical treatment. One thing is certain. Your lawyer will get paid even if you don’t and because you rushed out and hired a lawyer, it may take take years to settle.