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If I am approached by the at-fault party regarding releases, what should I do? Settlements for damages are at your discretion. However, if you have been compensated by your insurance company for any damages or injuries sustained in the crash, never sign a release or any document without consulting Miami Car Accident Lawyer Justin Ziegler. When your car insurance company compensates you for auto property damages, they are vested with subrogation rights against the at-fault party. If you sign a release document you could be liable for monies paid to you by your insurance company. Once a written agreement to settle a bodily (personal injury) claim with the car insurance company, how long do they have to pay? In any case in which a person (or their attorney)and an insurer have agreed in writing to the settlement of a claim, the insurer shall tender payment according to the terms of the agreement no later than 20 days after such settlement is reached. The tender of payment may be conditioned upon execution by such person of a release mutually agreeable to the insurer and the claimant, but if the payment is not tendered within 20 days, or such other date as the agreement may provide, it shall bear interest at a rate of 12 percent per year from the date of the agreement; however, if the tender of payment is conditioned upon the execution of a release, the interest shall not begin to accrue until the executed release is tendered to the insurer. (Florida Statutes 2007 Title XXXVII - INSURANCE - Chapter 627 RATES AND CONTRACTS 627.4265). We have had good success with insurance companies paying us after we have agreed to settle a claim; however, sometimes their are insurance companies who refuse to pay for whatever reason they deem neccessary. We then have to file a motion to compel with the court to get the judge to order them to pay the agreed upon settlement amount, plus interest. Call 800-955-5085 or e-mail Miami Personal Injury Lawyer Justin Ziegler for a free consultation about your injury claim. If Lawyer Justin Ziegler is not available, he will call back within two (2) minutes. Se Habla Español.
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Is personal injury protection insurance required after January 1, 2008? What type of automobile insurance coverage is required for a person causing a crash? What should I do if I am involved in an automobile crash? If I am approached by the at-fault party regarding releases, what should I do? 2006 Florida Traffic Crash Statistics Definitions for Florida Traffic Crash Statistics Is my personal injury claim/lawsuit worth less money if I did not wear my seat belt and I was hurt? Please see some (not all successes) car accident settlements and veridcts cases that Attorney Justin Ziegler has been involved with. Please keep in mind that results depend on the facts and circumstances of a particular case and past results do not guarantee future recoveries. |



