When pursuing a car crash settlement, understanding each step of the process is crucial. From assessing damages to negotiating the final amount, this guide will walk you through everything you need to know to maximize your compensation.
Step 1: Assess Damages and Injuries
The first step in calculating your compensation is to assess the damages and injuries resulting from the accident. Even an average settlement for non injury car accident may include compensation for psychological damages and vehicle repairs. If there are physical injuries, the payout typically increases based on the severity of those injuries.
Step 2: Notify Your Insurance Company
Under Section 627.736(1)(a) of the Florida Statutes, you have 14 days to notify your insurance company of the accident to qualify for necessary expense coverage. Failing to report within this timeframe may disqualify you from receiving benefits. However, if physical injuries are involved, the process often moves faster, as insurers prioritize urgent medical cases. For accident settlements for car accidents, claimants have up to two years to file a lawsuit against the responsible party, as outlined in Section 95.11 of the Florida Statutes, amended in 2023.
Step 3: Document the Accident Scene
Gathering evidence at the scene is vital for building a strong case. Photos, witness statements, and police reports can strengthen your claim. If your injuries prevent you from documenting the scene, an attorney can step in to collect this evidence on your behalf.
According to the Florida Highway Safety and Motor Vehicles (FLHSMV), in its publication “Involved in a Crash?”, the responsible party must report the accident if it involves:
- Injury or death of a person
- Property or vehicle damage estimated at $500 or more
The responsible party can report the accident to the local police or complete a “Traffic Crash Driver Report (Self-Report)” online. This report can serve as valuable evidence in your car crash settlement.
Step 4: Consult with a Personal Injury Lawyer
Legal representation is key to securing fair compensation. Hiring a lawyer who specializes in car accidents can significantly improve your chances of obtaining a favorable car injury settlement. They will handle the legal complexities, allowing you to focus on recovery.
Step 5: Negotiate Your Settlement Amount
Negotiation is often the most critical step in securing a car collision settlement. Your attorney will present evidence to justify the economic and non-economic damages you’ve incurred. For those navigating a car accident attorney in Orlando, having legal expertise on your side ensures you avoid common mistakes such as:
- Accepting the first offer
- Exaggerating damages
- Disclosing financial expectations prematurely
- Delaying responses to settlement offers
Whether you’re pursuing an average car accident settlement or a more complex claim, professional legal support can make a significant difference.
Step 6: Understand Your Settlement Payment Options
Once your auto accident settlement is finalized, you can receive compensation in two ways:
Lump Sum Payments
A lump sum payment provides immediate access to the full compensation amount. While convenient, it does not account for unforeseen future damages.
Structured Settlements
In a structured settlement, the payout is distributed over time through periodic payments. This option offers financial security but may be impacted by inflation.
Common Mistakes to Avoid When Filing a Claim
Avoiding errors in your claim process is essential to securing the maximum car accident payout. Common pitfalls include:
- Failing to seek immediate medical attention
- Neglecting to document expenses
- Delaying communication with the insurance company
- Overlooking non-economic damages
How a Car Accident Attorney Can Help
Whether you’re working toward an average car accident settlement or navigating a more complex case, having a car accident attorney in orlando by your side can make all the difference. They will ensure that every aspect of your claim is handled professionally and efficiently.
Louis Berk Law Firm: Your Partner in Car Crash Settlements
At Louis Berk Law, we specialize in representing clients to get the car crash settlement they deserve. Our team is committed to securing the compensation you deserve while providing compassionate, expert guidance.
Start your journey toward a fair car accident payout with confidence. Contact us today for professional assistance, and let us help you navigate your case with care and expertise.
