How Do Car Accident Settlements Work?

Car accidents can be disruptive and devastating. You could end up with your mobility and earnings impact, sometimes long-term. If someone else was responsible for causing your injuries, you could be entitled to recover compensation for your expenses and losses. When you are injured in an auto accident caused by another party, you are legally … Read more

Do I Need to Pay Tax on a Car Accident Settlement?

If you received a personal injury settlement, the full amount of the accident settlement is non-taxable if you did not take itemized deduction for the medical expenses related to your injuries. This means you do not need to include an accident settlement when declaring income. Some components of personal injury settlements are taxable, though. These … Read more

How Long to Get a Settlement Check From Car Accident?

If you are involved in a car accident and suffer injuries, it can seem like the settlement process is never-ending. Even once you sign a settlement release, you may still need to wait several weeks before you receive a check. Many insurance companies employ delaying tactics instead of issuing payment promptly. All cases are unique, … Read more

10 Tips for Maximizing Your Car Accident Settlement

If you are involved in a car accident, you’ll discover it is challenging to negotiate a fair settlement with the insurance company as compensation for your injuries and financial losses, as well as any pain and suffering. A claims adjuster, on the other hand, wants to settle your case for as little as legally possible. … Read more

What Happens When My Car Accident Settlements Exceed The Policy Limits?

Laws in the United States mandate that motorists carry a certain amount of auto liability insurance. Regrettably, these minimum requirements do not always provide enough coverage for your damages, especially in car wrecks causing severe or catastrophic injuries. While this may lead you to assume that many car accident claims settle for more than the … Read more

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