Involved in an accident where a DUI driver rear ended me. Insurance offered my lawyer 25000 settlement. Is this a good amount? My lawyer stated that this is the max of the insured drivers dad's policy. Any help in this decision is appreciated.
2006-10-21 16:28:12 · 7 answers · asked by dj_dunaway 2 in Cars & Transportation ➔ Insurance & Registration
Okay, I was in my company vehicle at the time, which was destroyed. He hit me at 70 mph while @ a red light. I went through chrio for 4 months, but got hired by a new company, which caused it to where I haven't gone in 2 months due to travel. My back has taken the most pain, and the lumbar region ive had surgery on 5 years prior is reinjured. I haven't signed anything yet, I just don't want to get screwed.
2006-10-21 19:52:39 · update #1
Thanks all, the responses have all been so helpful. I also want to thank Chris for the response, you have a good reputation here on yahoo from other post that I have read. I appreciate everyones time, Cheers.
2006-10-22 07:57:45 · update #2
You could file a civil suit to attach lien to properties owned by the under insured party but would have to prove that your injuries justify a settlement over the insured amount. Getting an attorney in accident cases is not always the best thing to do because the attorney gets a good amount of your settlement. The first thing to do after an accident is find out what coverage the insured has and wait to see what the insurance company is willing to offer you. Then you can keep the entire amount. Now you will have to pay the attorney, the doctors, the taxes and then realize whatever is left for yourself. I believe Bush signed legislation that attaches a tax to insurance settlements. Check into all your options before you sign off on any settlement.
2006-10-21 16:46:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Those lawyers who only charge you a fee when they win variety wont generally file individual suits. They get what they can from the insurance policy quick and easy and charge you up to 50% to do it. You can contact a paid attorney if the person has any assets like a home or business but the process is long and allows plenty of time to hide or liquidate assets to show himself as broke. Good luck
2006-10-21 22:12:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I do not feel so. But here's aspect of the reply and the hyperlink underneath must reply your query. If you used a legal professional ask him/her. I obtained the data underneath from the hyperlink in "understand your supply"? Thus, for settlements (or awards) paid after August 20, 1996, simplest the ones repayments due to a bodily harm or ailment are tax loose. Lost wages, compensatory and punitive damages coming up from claims of employment discrimination are taxable, besides for specific clinical fees because of emotional misery. Because the repayments are taxable to the plaintiff, the organization have to file the fee, both on Form 1099 or W-two.
2016-09-01 00:40:29 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I was hit in a minor accident, no real injury, and got $12,000. Commercial vehicle hit me and did $5,000 damage to my car (paid for that, too). Sounds like your lawyer doesn't know that you can sue and INDIVIDUAL, not just their insurance.
If DUI then you'll win if you have proof -- if they were formally charged, etc. Get a copy of the police report and information from any witnesses to the accident. Best wishes.
2006-10-21 17:42:48 · answer #4 · answered by ilovemonkeypox 1 · 0⤊ 0⤋
Do you have full tort insurance on your vehicle? If you do you have the right to max out your own insurance policy also. It costs a little more to have full tort insurance but is well worth it in cases where the other driver is under insured. Hope I have been helpful.
2006-10-21 17:14:37 · answer #5 · answered by king_davis13 7 · 0⤊ 0⤋
Take the money and run, your injury claim is barely worth that, and you're very lucky. You'll only see 2/3 of that money, but you should take it. Besides, if that's all he's got you have no other choice unless you think suing him personally beyond his limits will have success (it won't). I take it there is no underinsured motorist coverage for your attorney to pursue (he would have mentioned it). Frankly, I am shocked that they offered that much given what you just described as your injury and treatment. You are very lucky!
2006-10-22 00:50:30 · answer #6 · answered by Chris 5 · 1⤊ 0⤋
well, could you add how much damage was done to your car....and if any medical issues???
2006-10-21 16:31:00 · answer #7 · answered by Anonymous · 0⤊ 0⤋