Posts Tagged ‘truck’

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.

Does Your Kentucky Car, Truck, or Motorcycle Accident Attorney Know Insurance Law?

Monday, June 15th, 2009
Does Your Kentucky Accident Attorney Know Insurance Law?

Does Your Kentucky Accident Attorney Know Insurance Law?

You see many advertisements for car, truck, or motorcycle accident attorneys in Kentucky promising to, “get you the compensation you deserve.”  However, nothing is mentioned about the insurance companies or policies from where this money comes.  Lawyers and most sophisticated clients know that the money will come from the insurance company for the party at fault for the accident if he or she has one and from the injured party’s insurance company if he or she doesn’t.  But simply because an accident attorney knows where to get the money doesn’t mean they know how.

Many accident attorneys will settle your claim with the insurance company without knowing what your case is worth.  They may demand entirely too much or even worse, seek to settle your case for too little.  Some might not even be able to describe to their client’s why they think you should settle for a particular amount offered by the insurance company.  If the insurance company refuses to pay due to some policy exclusion or coverage defense, then that attorney may be unsure how to fight for you to make sure that the insurance company is being fair.

Make sure that your car, truck, or motorcycle accident attorney knows insurance law and understands insurance policies, their specific coverages, and exclusions to coverage.  Retain an experienced car, truck or motorcycle accident attorney with a proven record of handling injury claims and one with knowledge of insurance companies and their practices and procedures.  Don’t get less or worse nothing, because your Kentucky accident attorney doesn’t know insurance law.

Recover Lost Wages Even If You’re Unemployed At The Time Of An Auto, Car, or Truck Accident.

Monday, June 8th, 2009
Recover Your Lost Wages

Recover Your Lost Wages

Kentucky law provides for the payment of PIP benefits when you’ve been injured in an auto, car or truck accident.  This includes payment for lost wages up to a statutory amount.  Proof of lost wages is submitted to your insurance carrier, who then pays you your lost wages.

However, there is no condition placed on the time these lost wages occur.  So, while you might be unemployed at the time of the accident, you might still be entitled to lost wages if you’re prevented from working in the future because of your injuries.

In today’s economy it is likely that someone will be laid off or unemployed at the time they suffer injuries in a car accident.  However, if they later accept employment or if they are hired back to their old job, they can recover lost wages if they are prevented from working because of their injuries.  It makes no difference that they were laid off or unemployed at the time of the accident.

Make sure if you’re injured in an accident and suffer lost wages that you submit those lost wages to your insurance company for payment under the applicable PIP coverage.  This includes lost wages inccured at a time or date after the accident.