After an automobile accident in South Florida, should I accept the first insurance offer that comes my way? Continue reading to learn more!
In Florida, comparative negligence laws apply. Therefore, you must weigh the other driver’s fault when determining if your Florida accident claim is worth pursuing. Weigh the merits of your Florida car accident claim against the insurance company’s offer.
This article focuses on the Florida car accident claim valuation process, and Insurance Company offers. It also discusses the Florida lawsuits and insurance settlement process.
Keep reading the article for all the detailed know-how.
Is It Smart to Take the First Florida Insurance Offer I Receive?
As a Florida driver, you must carry auto insurance coverage during your registration period. Failing to do so can lose your license and vehicle registration for three years. The cost of re-registering your vehicle is $500. In such a scenario, you should always contact your insurance company to see if you have a valid legal claim. You may also be entitled to legal compensation for the injuries and damages you cause to others.
Insurance companies often deny your claim or make a low settlement offer. Unfortunately, these initial offers are almost always too low. It’s tempting to accept a low offer in the hope of getting the compensation you deserve, but remember that receiving a low settlement offer can severely limit your future claims. You should also be careful not to sign anything until you have the medical records you need.
Before accepting a Florida insurance offer, you must know what kind of coverage you’ll need to obtain compensation for your damages. Personal injury protection, or PIP, is mandatory for Florida drivers. This coverage pays for medical expenses, lost wages, and lost income, regardless of who was at fault in the accident. Although PIP covers these expenses, it does not cover non-economic damages.
Florida Car Accident Insurance Offers
If you have been in a car accident and wonder if you should file a lawsuit, you must understand how the law works. Florida law requires motorists to carry bodily injury coverage.
If the driver’s insurance does not cover you, you must find third-party liability coverage. The cost of these policies can be enormous, so you should be aware of them. It is essential to take steps to protect yourself from their tactics.
- Significant expenses. When an accident occurs in Florida, you may be facing substantial costs. These expenses may include medical bills, lost wages, and auto repairs. Unlike other states, Florida requires drivers to file accident claims with their insurance provider. In some cases, the drivers may not have ever filed a lawsuit before or have only filed minor property damage claims in the past. Nonetheless, this is not an excuse not to file a claim.
- Insurance companies are complex and time-consuming. Whether you seek compensation from an insurance company or a personal injury lawsuit, remember that dealing with insurance companies can be difficult and time-consuming. Insurance companies are not your friends. They have their interests. The best way to avoid being cheated out of your fair share of compensation is to get a lawyer specializing in dealing with insurance companies. Your insurance company won’t feel pressured to pay you a dime.
Florida Car Accident Claim Valuation
When you file a claim in Florida, you may be wondering how the insurance company calculates the diminished value. This claim is a type of compensation that allows you to recover the difference between the cost of your car before the accident and the post-accident price. It is essential to understand that not every insurance company follows the same process, but many do. Most insurance companies use the diminished value formula 17c as part of the evidence in your case.
- In Florida, the law of comparative negligence applies. If you were partially at fault for the accident, your recovery would be 50%. As a result, your attorney will have to prove that your injuries are too severe to justify a different compensation amount. Your attorney will work to minimize your fault and maximize your recovery. You should not try to calculate the value of the damages on your own; hiring an attorney is the best way to ensure that your claim is valued correctly.
- Support your claim with proof when filing your Florida car accident claim, present evidence that supports your claim. Include medical bills, vehicle repair estimates, and pay stubs to prove lost wages. The earlier you consult with an attorney, the better. This will increase the odds of success. If you file a claim on your own, the insurer might dispute the claim. However, if you hire an attorney, you can expect your claim to be a win-win situation.
Lawsuits And Insurance Settlements In Florida Car Accidents
When filing a lawsuit against an at-fault driver, it’s essential to act quickly. While many drivers in Florida have auto insurance, this policy only assumes liability for damages caused to the other driver. In many cases, however, this coverage isn’t enough to cover the total cost of the accident.
Victims of auto accidents in Florida may choose to file a lawsuit against the at-fault driver or settle for less than what they were expecting. If this is the case, you must act quickly and immediately get in touch with an attorney.
- The first step is to determine if you have assets that may be at risk. Many car accident lawsuits end in settlements, but you can also file a lawsuit if the other driver’s insurance policy limits are low.
- This strategy can be particularly beneficial for people who have sustained severe injuries, as they may be able to collect more money through litigation or money judgment.
- It’s also advisable to have adequate asset protection to enhance your negotiating power.
There are two main types of damages in Florida car accident claims: economic and non-economic.
- Economic damages refer to expenses such as medical bills and lost wages. Documentary evidence should be provided to support these claims. The plaintiff can then spend the rest of the compensation as he chooses. In addition to economic damages, Florida car accident lawsuits can also include non-economic damages.
- Most lawyers in Florida use the multiplier method to calculate non-economic damages. It works by multiplying economic damages by one or five.
What Role Can a Miami Personal Injury Attorney Play?
A reliable personal injury lawyer in Miami will investigate the case and gather evidence to support your claim. The attorney will examine the evidence, including medical records, insurance policy contracts, and proof of wages at the accident. The lawyer will make a demand to the other party’s insurance company.
In addition, the attorney will gather evidence regarding the conditions of the road, weather, and other factors that may have contributed to the accident.
A personal injury lawyer is invaluable for a medical malpractice case. Medical malpractice occurs when a doctor causes injury to a patient by committing malpractice. This may involve the wrong prescription or making an error that most doctors would not make.
In addition to medical malpractice, a personal injury lawyer can file a claim on behalf of the injured party in other areas, such as assault, domestic abuse, excessive force by police officers, or even defective products.
A personal injury lawyer is familiar with Florida law and can help victims determine the appropriate compensation. A reliable personal injury attorney may also help family members obtain compensation for losses. A Miami personal injury lawyer can help you understand your options and get the compensation you deserve for your injuries.
Furthermore, premises liability attorneys are knowledgeable in the Florida legal system, and they will provide you with updates on your case’s progress. A Miami personal injury attorney is knowledgeable about the law and the rights of accident victims and their families.
Contact Us!!
If you have been in a car accident, it’s essential to contact an attorney who can help you get the maximum compensation for your injuries. The Ovadia Law Group is based in Miami, Boca Raton, Fort Myers, and Orlando. They fight to protect their clients’ rights and ensure that they receive the best treatment possible after an auto accident.
The statute of limitations for filing a personal injury insurance claim in South Florida is four years. If you have been injured in an accident, you only have a limited amount of time to file a lawsuit against the person or company responsible for the accident.
The Ovadia Law Group can help you fight back against insurance companies that refuse to pay. They sue insurance companies that don’t pay out for any query, dial 1-800-674-9396. Their professionally trained executives offer free consultations and will thoroughly investigate your case to ensure you get the best possible compensation for your injuries.
