Don’t Be Fooled This April: 4 Myths About Car Accident Compensation
After a car accident, you may turn to friends and family for advice and comfort. Although they have the best intentions, some information they share may be untrue or incorrect. Unfortunately, believing these myths can prevent you from getting the proper compensation after your accident.
Keep reading to learn the 4 myths about car accident compensation, then turn to your McAllen car accident attorneys for help with your claim.
1. Myth: Insurance Companies Can Handle Your Claim Better Than an Attorney
While insurance companies can provide you with a certain amount of money after you file a claim, you can’t always trust their motives are pure. Insurance companies are still looking to make a profit, just like any other business. If you want to ensure you get the compensation you deserve after a car accident, you should hire an attorney to handle your claim. Attorneys know all the tactics insurance companies use to lower your claim value and can combat them for you.
2. Myth: Hiring an Attorney is Unnecessary and Expensive
If you’ve been injured in an accident or are dealing with extensive vehicle damage, an attorney may help you get proper compensation for your medical bills and repair expenses. In addition, an attorney can help you navigate the claim process and speak with the insurance company regarding your claim. When it comes to the expense of an attorney, you won’t have to worry about up-front costs. Most attorneys work on a contingency basis and don’t get paid until you receive compensation.
3. Myth: You Can File A Lawsuit at Any Time
Because Texas has a statute of limitations on auto accident lawsuits, you are required to file a personal injury lawsuit within two years to be eligible for compensation. However, if the insurance company offers you a settlement amount within that time period and you accept, you no longer have the right to file a lawsuit. If you have a case pending, it will be rejected once you take the settlement.
4. Myth: Every State Has The Same Car Accident Laws
The process of receiving compensation for your car accident injury can vary depending on what state the accident occurred in. Certain states have “No-Fault” laws that dictate that an injured victim can receive compensation regardless of who is at fault. Other states follow “At-Fault” laws that consider who was at fault and to what degree. In these states, once fault has been determined, each responsible party and their insurance companies are held liable for compensation.
Learn the Truth About Car Accident Compensation With Villalobos Law Firm
The misinformation that circles around car accident compensation can be very confusing for car accident victims. While picking up the pieces from your accident, you also have to file a claim, gather evidence, and fight for the compensation you deserve.
At Villalobos Law Firm, our compassionate car accident attorneys can set the record straight on car accident compensation and help you navigate your car accident claim.