Accident Lawyer Long Beach Explains The Meaning Of Commonly Used Claim Terms

By Douglas Peterson


Following a vehicular accident, you are likely to contact an accident attorney or your insurer. During the discussions you have, there are words and phrases that may be thrown around. It remains important for you to know the meaning of these commonly used terms for you to understand all the information you get from the professionals you contact. During research for a dependable accident lawyer Long beach could offer you a reliable number of top rated professionals.

In case you hear the term total loss, this means that the cost of getting your car fixed is greater than its worth. It may also mean that the damage suffered cannot be repaired. If a collision turns your car into a total loss, then your insurer will only offer you compensation that is equivalent to the actual cash value of your vehicle. You will not receive monies for repairs.

The actual cash value of a car is the term used to mean the monetary value of the vehicle before it got damaged. For you to understand what your insurer means, you should think about the amount of money you could collect if you had sold your automobile minutes before the accident. The term actual cash value and market value mean one and the same thing.

The money received after filing a claim is referred to as a settlement. In case the liable party or your insurer agrees to pay the money you demand, then you will have received your settlement. This cash ought to cover for both property damage and personal injury claims. Once you have signed against a settlement release and you have received the promised payment, you will no longer have the right to file a lawsuit or claim compensation for additional damages.

A reliable accident attorney can help you negotiate or settle after an auto accident. The professional can also assist you in pushing a matter to court if you and the insurance company or the person liable for an incident cannot find a middle ground. Accident attorneys understand insurance industry practices in-depth can get a claim resolved in a manner that allows you to benefit the most.

In some instances, you cannot afford going without the services of a proficient lawyer. For instance, you need dependable legal representation if the stakes are high because you have suffered extensive injuries and your medical bills are piling up quickly. If this is your situation, you need a lawyer who can save you from making any regrettable blunders.

You must consult with an attorney if the liable party or your insurer is offering you an unreasonable settlement. It is possible for the adjuster to review your face unfairly without bothering to give any explanations. In this case, your lawyer will help establish the fairest value of your claim.

Seeking legal representation is a must if the partly liable for an incident is denying fault. Proving liability is not easy, though a proficient attorney can build a compelling case, establish negligence and even table the needed evidence. This will prove that the defendant is guilty as charged for causing the incident.




About the Author:



No comments:

Post a Comment