Archive for July, 2009

Are You Entitled To Money If You’re In An Accident?

Monday, July 27th, 2009
Are You Entitled to Money for Your Accident?

Are You Entitled to Money for Your Accident?

Most advertising related to car, truck, or motorcycle accidents focuses on a person’s “right to compensation” or “payment” or “money damages.” This often results in a perception by many that they will get paid money simply for being in an accident. However, this is not true.

If you are in a car, truck, or motorcycle accident you might be entitled to compensation. However, your right to compensation may be limited. A person should realize that he does not get paid simply for being in an accident. He must be hurt. The amount of money, if any, he will receive is based on his injuries, not the fact that he was in an accident.

Kentucky law generally requires a person involved in an accident to incur over $1,000 in medical bills before a claim can be filed. This is called the threshold, because it must be crossed before a claim exists. Whether you will get paid and how much depends on the injuries you incurred and the financial, emotional, and physical impact of those injuries. Larger more catastrophic injuries tend to result in higher claims paid. Minor injuries with less impact tend to result in lower claims paid. Of course, if you are 100% responsible for the accident, you aren’t entitled to any recovery.

Remember, if you’re involved in a car, truck, or motorcycle accident your main focus should be on treating any injuries you sustained. Once you’ve completed treatment, you’ll be in a better position to determine what, if any, compensation you deserve. If you’re not sure whether or not you qualify for compensation or how much compensation you deserve, you may need the services of a qualified Kentucky accident attorney.

Smaller Cars Linked to Larger Insurance Rates?

Friday, July 17th, 2009
Smaller Car Equals Larger Insurance Premiums

Smaller Cars Equal Larger Car Insurance Premiums.

MSN Money has a nice article on smaller cars leading to larger insurance premiums.  You can read the entire article here.   While smaller cars lead to better fuel savings, which is a big deal right now, they most likely will lead to larger insurance premiums as well.  The Honda Civic and Toyota Prius are the most expensive cars to insure.  The reason might surprise you.

According to insurance companies smaller cars tend to be in more accidents and suffer more collision losses.  Smaller cars tend to be inexpensive and also tend to be driven by younger more at risk drivers.  If you buy a particular model that suffers large losses, you will pay for other driver’s mistakes.  For instance, the Civic is rated at “worse than average” for personal injury losses and medical payments.  The Civic Coupe is even worse.  It is “worse than average” for personal injury and “substantially worse than average” for collision, personal injury protection, and medical payments.

Unfortunately, this could have a terrible affect on the types and amounts of insurance coverage you buy.  Many drivers might be tempted to reduce their coverage or eliminate it all together just to afford the insurance on a new, smaller car.  This could be disastrous if you are involved in an car accident.  Saving a little money a month in premiums is simply not worth the overall cost you could suffer if you are underinsured, or worse uninsured, with particular coverage.

Be sure to consider the affect a new car purchase may have on your insurance rates before you buy.  Perhaps, it’s good to also remember that bigger may just actually be better.

Make Sure Your Kentucky Accident Attorney Is An Experienced Trial Attorney

Saturday, July 11th, 2009
Hire An Experienced Trial Attorney

Hire An Experienced Trial Attorney

Not everyone involved in a Kentucky car, truck, or motorcycle accident will need a Kentucky Accident Attorney.  However, if you have suffered lost wages, incurred serious medical expenses over $1,000.00, or have been left permanently impaired or unable to work, you will.  If you are in need of a qualified accident attorney, you might wonder; “What type of attorney should I hire?”, or “What separates the many attorneys I see advertising?”

There are many factors to consider in retaining a qualified accident attorney; however, probably the most important factor that separates most accident attorneys is trial experience.  Trial attorneys, also called litigators, are attorneys who have experience in handling accident or injury claims that have resulted in a lawsuit at the courthouse.  While all experienced attorneys will try to settle your Kentucky accident claim, every claim has the potential to result in a lawsuit.  Only if you and the insurance company agree will your claim be settled.

Many accident attorneys will gladly sign up your case and attempt to settle it; however, you will quickly find that once settlement negotiations break down, they quickly refer your case to an entirely new attorney to handle the lawsuit.  So, if you are seeking a Kentucky accident attorney, make sure that your Kentucky accident attorney is an experienced trial attorney, who is willing to file a lawsuit to fight for your rights to compensation when the insurance company refuses to be fair.