The Department of Justice states that there are three ways to receive compensation for an injury caused by another person or persons. There are bodily injury, property damage and medical costs.
You may decide to file a lawsuit against the person who caused the accident yourself, but you may find that your own insurance company will not be able to compensate you adequately. You may also have insurance through your employer and the employee’s insurance policy may limit the amount of money they can pay you. You could choose to handle this situation yourself and decide if your insurance company will cover your claim.
Injuries from an auto accident may be severe. You may need intensive medical attention and treatment, including lengthy hospital stays and critical care. You may also suffer financial losses, which include medical bills, lost wages, and other losses.
Collision insurance may not cover all of these expenses. This type of insurance is meant to protect you in the event of an accident. It also pays for damages to your vehicle. If you are the one who caused the accident, collision insurance may not cover you in case you do not have sufficient damages.
Personal injury insurance may protect you from having to pay out-of-pocket expenses due to a car accident. It does not necessarily cover all of the expenses, and you may have to pay the majority of the medical expenses. However, it does protect you from not having to pay anything if you were at fault.
Bodily Injury is the most common type of insurance and pays for both property damage and injuries. The maximum amount of coverage is determined by the policy limits.
Medical bills are often involved in personal injury claims. It is the law in Canada that your medical bills should be paid by the person you injured.
Non-economic loss is the amount of money you lose because of an accident. It is not included in the total amount of compensation you receive. It is usually a percentage of the total cost of repairs to your vehicle.
Statutory Damage is the most common type of claim, as it covers damages that occurred before you took legal action. They do not cover items that were damaged by the time you filed a claim.
A car accident settlement does not have to be complex. You can seek advice from an experienced lawyer to help you understand the process. When you hire a lawyer, you are going to make an investment and protect your interests.
If you have suffered injuries in a car accident, you may find that you are not eligible for medical care. You may have to settle for short-term hospital care, such as a few days or a week.
If you have been injured in a road accident or have sustained any other types of damage, contact a law firm to discuss your claim. You can avoid the stress of dealing with the authorities, the insurance company and the other parties involved in the accident. A lawyer can provide you with information about your rights and negotiate on your behalf to achieve the best compensation.