People often ask us, as lawyers, if insurance companies want to resolve cases out of court and the answer is always yes. Like plaintiffs, insurance companies don't want to spend the time and money involved in a lawsuit if there's a chance they can reach a settlement agreement with the plaintiff. The most common reason an insurance company won't resolve an injury case is insufficient evidence. The insurance adjuster will not make an offer without investigating the accident.
First, the appraiser needs to find evidence that shows that the policyholder is at fault for the crash. Insurance adjusters often rely on witness testimony, surveillance footage, police reports, and accident reconstruction experts to determine who is at fault. The adjuster then needs to see evidence of the injuries sustained by the victim in the accident. The victim must send the insurance adjuster detailed medical records that clearly show the extent of the injuries.
These records should also include information about how the injuries were treated so that the insurance adjuster has a clear idea of what you have suffered. Unfortunately, trying to get the money you deserve from an insurance company can be incredibly stressful. This is because insurance companies want to protect their profits. Paying you after an accident isn't the best thing for them, financially speaking.
In order to minimize their payout, they often resort to underhanded and manipulative trading tactics. If you were injured in a car or in any personal injury case, you should know that you have a legal right to seek compensation for your losses and injuries through the court system. However, in practice, there are usually insurance policies designed to cover your losses. Insurance providers generally prefer to pay you a settlement so that you agree not to start a court case.
This can be beneficial to you as an injured party because you don't have to go through the process of waiting for the court system to resolve your case, and this could take months or even years. If you decide to take your case to court or trial, which can be done at any time before agreeing to a settlement, you risk getting nothing if you lose. Agreements are commitments made between you and the person responsible for your damages, including damage to property. For example, if you were in a car accident where you weren't at fault, no-fault car insurance rarely applies to vehicle damage, meaning that regardless of where you live, post-accident financial liability usually comes down to car insurance coverage as well as claim preferences.
for those involved in said accident (s).