No one expects to be in a hit and run accident. Unfortunately, one of the more complicated aspects after an accident is dealing with insurance companies. If you’re a victim of a hit and run accident, the lawyers at Caddell Reynolds are here to guide you on what to do before you make the call to your insurance company.
Tips for Dealing with Insurance Companies Following a Hit and Run:
Insurance companies deceive accident victims and avoid informing them of their rights. Being aware of this dynamic before making the call to your insurance company and following the tips below can help minimize your frustration through the claims process.
- Determine Your Damages. Consider the number of damages you have sustained and gather documentation to support your claim. Consider your medical bills, lost wages, and other economic damages.
- Do Not Befriend The Adjusters. You may be more comfortable talking to them. However, the insurance company agents represent the insurance company’s interests, not yours. You may inadvertently say something that can damage your case.
- Always be Prompt. Some insurance policies specify that the insured must report claims within a specific time frame and submit information within a given timeline. In any event, all claims should be completed, and a lawsuit filed before the statute of limitations expires, which would forever bar the claim.
- Consider an Expert to Negotiate. Accident victims should avoid trying to negotiate a settlement on their own. Insurance adjusters deal with these claims daily. A personal injury lawyer helps level the playing field between the victim and the insurance company.
- Retain a Personal Injury Lawyer. Not having a lawyer may wind up denying the claim or receiving an inadequate amount of compensation. In most cases, having a lawyer helps the victim receive a higher settlement than plaintiffs who do not have a lawyer.
Will a Hit and Run Accident Increase My Premiums?
As long as you have reported the accident to the police, filing aclaim following a hit and run should not impact your premium. Your insurance company will consider it a “not-at-fault” loss. However, if you were the driver who caused a hit and run accident, the insurance company will consider you a “high-risk driver” and may raise your rates or cancel your entire insurance policy if they believe you’re too much of a liability.
Recover the Compensation You Deserve
If you or a loved one were a victim of a hit-and-run accident, the car accident lawyers at Caddell Reynolds will help guide you every step of the way. From handling the insurance companies to appealing a denied claim, we know how to make things right. Call us today at 800-671-4100.
