Understanding Car Accident and Injuries Settlements

After being involved in a car accident, some motorists do not have an idea how to go about the process of lodging claims. Settling a vehicle damage claim and injury claim is a process that every driver needs to understand. It is also important to know the kind of insurance policy a motorist buys for his/her motor vehicle. See the best information about  abogado accidentes .

Whether the accident has is caused by you or the other driver, the important thing to note is, it is not you or the other driver who will settle the claim but the insurance company. Guided by this, it will be necessary to acquire all information of the accident especially on the scene of the accident as this information will be vital to the insurance company while settling your accident or injury claim. Important information to note is; the name and contact of the other driver, the driving license number of the other driver, the number plate of the other car involved in the accident, the insurance company of the other driver, and any witness(es) who happens to be around the scene while the accident was happening. A traffic officer will be required at the scene of the accident and his findings will be useful to the insurance company. Ensure you take photographs of the site of the accident and the damaged vehicles as this will also be helpful while lodging claims with the insurance. Learn more about accident lawyers  www.craigswapp.com .

While trying to understand the settlement procedure, note that the insurance company will only settle for car damage costs if the claim involves a damaged car. The cost will be repair and replacement of the damaged parts. In other instances, the cost of repair might exceed the current value of the vehicle, and the insurance company decides to pay the claimant the loss of the vehicle. The value of the vehicle, in this case, will not be the current market value but the value of the car after depreciation, thus the amount paid will be less as compared to the amount required to buy a new car of the same model or type.

Insurance companies settle injuries claims differently from car damage claims. The insurance company will use your medical bills and records to pay the injuries claim. They will also consider the nature of injuries as explained in the doctor's reports. At this point, it is recommended you get an attorney to follow up on the claims especially if the injuries from the accident required you to be hospitalized and you are not in a position to follow up the claims with the insurance company. To read more to our most important info about accident lawyers click the link  http://www.huffingtonpost.com/laiza-king-/7-smart-things-to-do-immediately-after-an-accident_b_11947766.html .