Know the Info About No-Fail Accident Insurance – Hit and Run Accidents Lawyer Los Angeles
Many hit-and-run drivers, before fleeing, may drive slowly into oncoming traffic. That slow-speed encounter may lead to life-threatening injuries. If you suffer a whiplash injury as a result of a hit-and-run, our car accident lawyers will aggressively negotiate a settlement with the at-fault party’s insurance company. The parties will enter into a confidentiality agreement to protect the identity of the at-fault driver.
It is important that you give proper driver information to the at-fault driver at the scene of the accident. If you are under the influence of drugs or alcohol, it is also essential that you provide driver information in order to prevent a driver’s insurance company from claiming that the accident occurred while you were “under the influence”. Drivers under the influence are always considered a “no-win” situation. An at-fault driver, in a hurry to flee, may claim that you were also “under the influence” of drugs or alcohol, while they fled the scene of the accident. The no-win-no-fee agreement between you and the at-fault driver’s insurance company may be your best chance to get your medical bills paid and recoup lost wages. If you do not have the at-fault driver’s insurance, you must still give them your information to file a claim. You can then make sure you are entitled to any money you are owed and recover the information they have collected against you, as well.
If you’re not sure if you have an at-fault driver’s insurance or not, you can perform a free claim under your car insurance. If your insurance does not cover your medical bills and vehicle repair expenses, you can file a claim for your lost wages, which will give you the means to pay your medical bills and your vehicle repair expenses, should you need to, to recoup lost wages.
The “no-win” situation with car accidents is common with hit-and-run accidents.
Even if you’ve received a hefty personal injury settlement for your injuries and your car is completely fixed, the at-fault driver’s insurance may be willing to settle for a substantially less amount than your vehicle is worth.
The vehicle is underinsured?
The no-win-no-fee agreement between you and the at-fault driver may pay only a percentage of the amount of your vehicle’s fair market value (FMV) at the time of your accident.
If you get a smaller amount than you’re owed, your personal injury settlement may be undervalued, making your claim more expensive to file.
Filing a vehicle accident claim on your own is often a very complicated process. To reduce the chances of being under-compensated, hiring an attorney or lawyer is highly recommended, especially if you don’t feel that you’re getting the full value of your vehicle’s fair market value. However, even if you do have a good lawyer, you should still file your claim on your own. The reason is that even with a good lawyer, sometimes the at-fault driver’s insurance company will find some reason to pay you a lower amount than the vehicle is actually worth.
The No-Fault Insurance System
If you’re driving your own vehicle and are not involved in an accident, you probably do not have any type of injury liability. However, you still have some type of insurance coverage. You have liability insurance and you have “no-fault” insurance. Liability insurance pays for any personal injury claims that result from an accident where the driver is at fault. The at-fault driver’s insurance company is responsible for making sure the liability insurance policy is current. If the liability insurance coverage is not current, you may not get any compensation for the personal injuries.
No-Fault insurance protects you if you’re injured in an accident while driving your own vehicle. If your car is involved in an accident, your insurer will make sure that the auto accident claim is settled, and you’re compensated for any personal injury or property damage that occurs. This type of insurance can be confusing. The first thing you need to know about is that you cannot be denied coverage for your uninsured motorist coverage (UM) or you will be denied coverage for all types of uninsured coverage. The reason is that these are all optional coverage types on your policy. However, if you were injured in an uninsured motorist or untraced driver accident, the carrier may try to get you to accept lower amounts for these coverages than the coverage actually provides. This is one reason why you must make sure you make sure your uninsured motorist coverage is current, which is also one reason why you must make sure you have sufficient uninsured or uninsured driver coverage.
