IF A VEHICAL WAS TOTALED IN A CAR ACCIDENT, DO LAWYERS ADD..

by Guest » Mon Apr 09, 2007 04:57 am
Guest

IF A VEHICAL WAS TOTALED IN A CAR ACCIDENT, DO LAWYERS ADD THE AMOUNT OF THE VEHICLE INTO THE SETTLEMENT?

Total Comments: 4

Posted: Sat Apr 07, 2007 03:44 am Post Subject:

Jane,
your vehicle is a separate claim from the injury settlement. you would have a property damage (pd) claim and a bodily injury (bi) claim...two claims... pd would handle the vehicle's repairs or total loss value, loss of use (rental) if owed... bi would discuss medical bills, loss of income, and other general damages (pain and suffering, short/long term disability, intangibles, etc)

most of the time the pd claim is not handled by the attny b/c it settles more quickly and there is not much to negotiate, its fairly simple. many insurance companies will provide you with a very thorough independant evaluation that includes comparible vehicles in your area, not usually much to negotiate. the bi on the other hand can take some time to settle(depending on many variables) but basically it usually will not settle until you have completed treatment, your attny has submitted all your documentation and settlement demand, and has given the insurance company time to evaluate the demand and accept, negotiate, or deny.

Posted: Fri Jun 08, 2007 03:15 pm Post Subject: Lawsuits

Maybe if this is an uninsured motorist a vehicle's value would be included. Otherwise, the insurance policy will take care of the vehicle.




*System Edited : Link moved to Signature as per TOS

Posted: Sat Jun 09, 2007 03:29 am Post Subject:

If it was a UMPD (and very few states even offer this), it would not be a liability coverage. The coverage would be coming directly from the attorney's client's policy. So no, even if a UMPD claim, the value would not be a part of the liability settlement.

Posted: Tue Dec 10, 2013 12:32 pm Post Subject: Car accident attorney

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[Link deleted per TOU]

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