A car accident can leave you with life-altering injuries, financial losses and other damages, which can lower your quality of life. Therefore, it is crucial to ensure you receive fair compensation for the harm and losses suffered.
Unfortunately, many car accident victims unknowingly settle for less than they deserve, leaving them to deal with the unforeseen consequences alone. Here is what you can do to avoid missing out on rightful compensation after a car accident.
Understand the value of your claim
How much compensation are you entitled to with your car accident claim? Have you factored in non-economic damages, such as the emotional and physical pain you endured? Understanding the value of your claim will help you avoid low-ball offers that do not measure up to your damages.
Don’t rush the settlement process
One common mistake accident victims make is rushing to accept the first settlement offer. Insurance companies often aim to settle quickly and for a lower amount. It’s vital to take your time and evaluate the full extent of your damages because once you accept an offer, you forfeit the right to pursue further compensation.
Build a solid case
Building a strong case is crucial in securing a fair settlement. You can strengthen your claim by gathering evidence of your accident and damages. Medical records, police reports, expert statements and witness accounts can present compelling evidence that demonstrates the severity of your injuries and the impact the accident has had on your life.
Time is of the essence
Car accident claims are subject to the statute of limitations, a law that bars claimants from initiating legal action after a certain period. In Alabama, you have two years from the date of the accident to do so or you could lose the legal right to seek compensation.
Navigating the complexities of a car accident claim on your own can be overwhelming and may lead to accepting a subpar settlement. As such, it’s best to seek legal guidance in the claims process to protect your rights and improve the chances of getting the settlement you deserve.