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The News God > Blog > Law > Understanding The Car Accident Settlement Process
Law

Understanding The Car Accident Settlement Process

Rose Tillerson Bankson
Last updated: March 19, 2024 10:48 am
Rose Tillerson Bankson - Editor
March 19, 2024
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3 Min Read
Common Injuries in Car Accidents: Know Your Rights
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We see a plethora of car accident cases in news reports on a daily basis in New York itself. Glens Falls, being a part of that, is not immune to such accidents. According to a recent report, over 371,000 traffic collisions occurred throughout New York State. 

If you or your loved ones have unfortunately been in a car accident, you need to know what the process is to attain a successful settlement after a car accident. A Glens Falls car accident lawyer may give you a more comprehensive overview of the whole process and assist you in maximizing the compensation amount that you deserve. 

When you get into a car accident due to the other party’s negligence, you are eligible for compensation to cover your expenses, which include hospital bills, medical expenses, damage to your property, wage loss, and much more. The process to attain compensation involves the following:

  • Report the accident and gather evidence.

You need to call the police and report the accident as soon as you can to document it. Moreover, evidence should be collected right after the accident in photographic or videographic form. If you are not in a condition to do so, ask anyone around you to record it for you.

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  • Collection of information

Exchange contacts with the other party and take their insurance information, their vehicle information, and the names and contact numbers of the witnesses as well. Contact your insurance company.

  • Send a comprehensive demand letter.

Write a comprehensive demand letter to the other party or the insurance company, and that should include all facts that are relevant to the case in order to justify the amount you are asking for as compensation, including the follow-up visits to your doctor. And there is a deadline to meet your expectations. Keep the letter to the point to reflect that you are serious and mention the consequences if they refuse to make the payment.

  • Hire an attorney to handle your case.

In order to maximize your compensation and make sure that you are fairly compensated for your losses by the opposing party or the insurance company, you are advised to hire an attorney because they possess the specialization and knowledge required to handle such cases. They will provide you guidance and assistance throughout your claim process and prevent you from any deceit, as the insurance company will try their best to get away with the smallest amount possible as payment to you, and that will be unfair to you for the suffering and pain that you had to bear.

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