Insurance has a role in every part of the process that follows occurrence of an injury-causing accident. If the vehicles for 2 different people collide on the road, each of them takes part in an exchange of information, including information on insurance companies.
The earliest examples of an effect
Does the responsible party have liability insurance? Money that can be used to cover injuries must come from a company that has sold liability coverage to a policyholder. Policies that do not include liability coverage cannot be used to access money for accident-caused injuries.
How serious was the reported injury? How easily can the injured party prove the serious level of the harm that has been done to him or to her? If an injury does not appear to be of a serious nature, the affected victim cannot expect to obtain a large compensation.
Does the defendant’s insurance company have a lot of money to work with? If that is the case, then the plaintiff should expect the negotiations to run longer.
Suppose that your own insurance was handling your personal injury case
That would be the case if you, as the injured driver had previously purchased comprehensive coverage in the form of either the uninsured or underinsured motorist option. The adjuster would make a point of investigating the extent of the claimed injuries. Special investigators would study the postings on various social media networks. They would look for any evidence that the claimant was not injured as badly as he or she has claimed to be. That evidence could come in the form of a posted picture.
Couldn’t an accident victim use his or her health insurance to cover medical bills?
Yes, health insurance could pay for the cost of a visit to a doctor’s office or to some medical facility. Health insurance could not be used to cover pain and suffering. Health insurance could not reimburse a victim for time away from work, while recovering from an injury. By the same token, it could not reimburse a victim for lost earning potential, if the victim’s injury caused development of a disfigurement or a disability.
Personal Injury Lawyer in St Thomas know that the insurers ask a claimant to sign a release form, after agreeing to a settlement offer. That is why lawyers encourage their clients to delay settlement until the point when they have the maximum medical improvement (MMI). The disappearance of the most obvious symptoms does not represent MMI. In other words, insurance companies want to cover the obvious signs of healing, and to become free of the need to cover any hidden symptoms. Parents, especially, should refuse to sign a release if a child or a teenager appears to have been injured in a car accident.