Want to make sure you get the most for your car accident possible? Here are 10 tips for maximizing your financial recovery after a collision.
If you’ve been injured in a collision, you are right to be thinking about maximizing your recovery. Car accidents can be incredibly expensive, and you shouldn’t have to pay if someone else (or your insurance company) is legally responsible. This article discusses 10 ways to get the most for your car accident.
Without a doubt, the best way to make sure you get more for your car accident is to hire an experienced attorney. If you’ve been injured in a collision, you can get in touch with a local attorney for free 24/7 through CarAccidentSource.com.
How Can You Get the Most for Your Car Accident?
So, you want to make sure you get the most money possible for your car accident. What should you do? We recently published a comprehensive guide to maximizing a car accident settlement—and that is a good place to start. These tips will help you as well; and, as we mentioned above, there is simply no substitute for relying on the advice of an experienced attorney.
Here are 10 tips to get the most money for your car accident:
1. Be Proactive about Protecting Your Rights
Making sure you get the most for your car accident starts with collecting evidence at the scene of the crash. From there, you need to be proactive about protecting your rights at the hospital, at home, and at work as well. No one cares about your situation as much as you do; and, despite what they may say, the insurance companies are not on your side. If you want to recover just compensation, you need to take responsibility for making sure it happens.
2. Be Patient about Receiving Compensation
While you need to be proactive, you also need to be patient. Negotiating a favorable settlement takes time, and your attorney will need time to gather evidence and calculate your accident-related losses. When you have a car accident claim, one of the biggest mistakes you can make is settling your claim too soon.
3. Consider Short-Term Options if Necessary
If you need financial help now, you should not let the insurance companies use this to pressure you into a lowball settlement. Instead, you should consider the various short-term options that are available. Your attorney can help evaluate options such as sending a letter of protection to your health care providers, seeking a lawsuit loan, and applying for pre-settlement funding.
4. Document Your Losses
Documentation is extremely important when seeking to get the mots for your car accident. This includes documentation of both (i) the cause of the accident, and (ii) the costs of your injuries. Be sure to keep any photos, videos, and other information you collected at the scene of the crash, and get in the habit of keeping all records related to your insurance claim and medical care in a safe place. Your attorney will want to investigate and collect additional evidence at the crash site as soon as possible, and your attorney will give you additional tips for documenting your losses as well.
5. Follow Through with Your Medical Care
Ignoring your medical needs is another costly mistake you do not want to make. If you do not follow your doctor’s advice, you can forget about getting the most money for your car accident. The insurance companies will blame you for not taking care of yourself, and they will not pay the full compensation you may have otherwise been able to recover.
6. Follow Your Attorney’s Advice
We’ve touched on this already, but it is worth emphasizing: If you want to get more for your car accident, you need an experienced attorney on your side. Once you hire an attorney, you should follow his or her advice, and you should respond to your attorney’s calls, texts, and emails promptly. If your attorney is trying to get in touch, there is usually a good reason why.
7. Don’t Say (or Post) the Wrong Thing
Saying the wrong thing can sink your insurance claim. This is true whether you admit fault (you won’t know who was at fault until your attorney investigates) or you misrepresent information about the accident or your injuries. The same goes for posting information online. When you have an insurance claim, it is generally best to stay off of social media.
8. Don’t Give Away Too Much Information
Beyond posting information the insurance companies can use against you, you need to avoid giving away too much information in other ways as well. For example, one of the most common ways car accident victims give away too much information is by signing a medical release form. This gives your insurance company direct access to your medical history, and this significantly increases the chances of the insurance company arguing that you have a pre-existing condition.
9. Don’t Consider a Settlement Until You Know Your Claim’s Value
After a car accident, you shouldn’t even consider settling until you know your claim’s value. Make a commitment to yourself that you aren’t going to let the insurance companies tempt you into a quick lowball settlement. Once your attorney finishes calculating your financial and non-financial losses, then you can make an informed decision about settlement.
10. Be Prepared to Go to Court if Necessary
If you are serious about getting the most for your car accident, you will need to be prepared to go to court if necessary. While most car accident insurance claims settle, you won’t receive a fair settlement offer if the insurance companies know (or think) you aren’t willing to fight for your legal rights.