Is There a Minimum Personal Injury Settlement Amount?

By Staff Reporter - 31 Oct '19 23:14PM
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  • Is There a Minimum Personal Injury Settlement Amount?
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In the State of Florida, when it comes to personal injuries that are caused by auto accidents, drivers are required to carry insurance with them. The bodily injury coverage per accident is $20,000 and $10,000 per person. But how much you actually get, what gets factored into calculating the amount and how much more you can possibly get depends on your case. 

If your personal injury suit is for a slip-and-fall or other accident that did not involve motor vehicles, then there will also be ways to calculate what you will receive in damages. 

While there is no minimum personal injury settlement amount, you will want to try to maximize the amount you will be compensated for your personal injury suit.

Settlement

Every driver and property owner typically has some sort of insurance to cover damages from slip-and-falls or auto accidents. Therefore, that policy is going to play a role in how much you receive. The insurance companies will do everything in their power to reduce costs on their end by minimizing how much damage was done. This is why you want an experienced attorney with a successful track record of helping their clients get the best settlement for their claims. The insurance companies can be aggressive, and their lawyers will use their knowledge of the complex laws in Florida to fight to lower what eventually gets paid out to you to cover your medical expenses, loss of income, and other damages. 

Mainly, their goal is to settle with you so that your case doesn't go to court. A trial can be very expensive for an insurance company, and not to mention very lengthy. They may try to convince you not to go to court by harping on the fact that it could last months or even years, and all the while you will be suffering from your injuries. It may even seem like a good idea. But is it? These are concerns you should speak about with your attorney. In fact, it's best to let your attorney deal with the insurance companies, since they can't be taken advantage of the way a layperson can be. 

What an Insurance Adjuster Does

This is someone who works for the insurance company that gathers information in order to calculate how much you can receive in your settlement. They will read the police report, talk to the person who owns the policy, and try to talk to you about what exactly happened. They will research if you've filed a personal injury claim before, and what costs would be associated with this case going to trial so they can offer you a settlement that seems attractive enough to persuade you not to go to trial.

When To Call A Personal Injury Attorney

You want an attorney that is going to face the insurance companies and fight for your rights. Only a qualified attorney with a commitment to the profession will know of any updates and changes to the law, and if any other recent suits similar to yours will have an effect on your outcomes.  If you want to receive the damages you deserve then contact car accident lawyer Lee Friedland. He is ready to listen to you with compassion, and answer your questions about your personal injury case. 

Copyright © 2017 News Everyday
* This is a contributed article and this content does not necessarily represent the views of newseveryday.com

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