The length of time for a settlement to be processed can vary from case to case. It is not advisable to settle a personal injury case if medical treatment is ongoing and the injured party has not reached maximum medical improvement. The length of time for settlement oftentimes depends on...
A settlement can be paid out in many forms. Typically, insurance carriers payout settlements by a check or draft on the insurance companies’ checking account. However, direct deposits can be requested and are oftentimes obtained particularly with the assistance of an experienced personal injury attorney.
Rejection of settlement offers is part of the negotiation to achieve the best settlement possible. Under contract law, once an offer is rejected, that offer becomes null and void. Alternatively, you can make a counteroffer in hopes of receiving a better offer. A verbal acceptance of an offer can result...
Insurance companies oftentimes will make a low first offer for property damage to cars damaged by negligent drivers. Insurance carriers for at-fault parties are responsible for the fair market value of property damage. It is recommended that an independent appraisal from the dealership be obtained. Alternatively, there are many online...
There is no set rule or formula for determining pain and suffering. Pain and suffering is determined on a case-by-case basis and is a very subjective standard. There is no diagnostic test or methodology to quantify or measure pain and suffering. However, an experienced personal injury attorney can highlight medical...
A good settlement offer should make the injured party whole. A good settlement offer should provide compensation for medical expenses incurred in the past and medical expenses to be incurred in the future. A good settlement offer should also compensate for the lost wages sustained. Most importantly, a good settlement...
Retaining an attorney will oftentimes maximize a money settlement from a car accident. An experienced personal injury attorney will examine the liability of the at-fault party. An experienced attorney will also investigate the accident scene, the force of impact, and the nature and extent of the injuries and damages.
Insurance companies determine settlement amounts by examining many factors. Insurance carriers examine the liability or responsibility of the at-fault party, otherwise referred to as the insured. The insurance carriers also examine the medical expenses incurred and lost wages incurred. However, insurance carriers also use negative factors, such as past claims,...
A reasonable settlement for a car accident can vary from State to State. In Illinois, there are several factors used to determine what is a reasonable settlement. These factors include, but are not limited to the following: Is liability of the at-fault party accepted or denied by the insurance company?What...
Be sure to read our personal injury blog articles to get the latest news and information about personal injury claims and lawsuits in Illinois.
Check out our Illinois workers’ compensation blog articles for helpful resources, how-to guides, and insight from a top work injury attorney.
Our medical malpractice blog articles provide invaluable information to victims who have been injured at the hands of healthcare professionals.
If you were injured in an accident, our motor vehicle accident blog articles feature important resources and information that can help you recover.
