car accident settlement

How Insurance Companies Calculate A Car Accident Settlement

Car accidents occur everywhere, and Fort Collins, Northern Colorado, isn’t an exception. With two large college campuses, these growing towns are ripe for car accidents, pedestrian accidents, and bicycle accidents resulting in injury and even death.

Car accidents that occur in Fort Collins, Colorado, occur for a number of reasons; Distracted driving, rain, reckless driving, driving while intoxicated or under the influence of drugs or alcohol, inexperienced teen drivers, and night driving to name a few. Car accidents can cause severe personal injury and death to the people involved, and extreme damages to the car.

If you’re involved in a car accident, pedestrian accident, or bicycle accident, always ensure you contact AGG Law Firm Fort Collin’s trusted car accident lawyer or car accident, attorney.

car accident settlement

Car Accident Settlement and Claims:

If you or a loved one is involved in a car accident in Northern Colorado, the important thing would be for you or your loved one to seek medical help (in case of any personal injury). Then you should contact the Law Offices of Alhasoon, Glidden & Glidden to discuss your options, before attempting to settle a personal injury claim with the insurance company.  

It is very important to contact the experienced injury attorneys at AGG Law Firm before trying to negotiate a car accident settlement or settling a claim with the insurance companies and before signing any documents from the insurance company.

By signing a release of claim or medical authorization without speaking to an experienced attorney, you are running the risk of significantly damaging your case and potentially providing information to reduce the amount of money you receive in your car accident settlement or claim.

Part of the claims adjuster’s job is to investigate the validity of your car accident claim, which can mean looking into prior accidents, pre-existing conditions, and  reviewing the information made public on social media networks like Facebook and Instagram.

It is important to note that even though you clearly did not cause an accident, you should get help from a car accident attorney or lawyer and call AGG law firm today for a free consultation.

Settlement Factors for Damaged Vehicles

If your claim only involves damages to your car, your settlement compensation will generally be the cost of repairs or replacement of the damaged item.

For example, if you or a loved one is involved in a collision with another driver in Northern Colorado, and only the bumper is damaged, then the settlement compensation will be the reasonable cost to have the bumper repaired or replaced.

The exception to this general rule is when the replacement or repair cost exceeds the value of the car.

In this situation, the insurance company may decide that your vehicle is a “total loss” and pay you for the loss of the vehicle.

Settlement Factors for Injuries

If you have been injured in an auto collision caused by a distracted driver, drunk driver, truck driver, or teen driver the personal injury portion of your case is negotiated separately from your property damage.

For example, if you had a bone fracture, you would receive additional settlement compensation as compared to an accident where an injury did not occur.

The compensation you receive from the insurance company will be determined by a variety of factors including, but not limited to the nature and extent of your injuries and your total medical bills.

Hiring an experienced personal injury attorney can make all the difference in the way your case is prepared and the value your case receives. Call the experienced attorneys at Alhasoon, Glidden & Glidden today for a free consultation to discuss your options.

Settlement for Pain and Suffering

Pain and suffering is an amount in addition to your medical bills to compensate you for your past and future discomfort associated with your injury.

Do not try to face the insurance companies alone. Contact Alhasoon, Glidden & Glidden today to discuss your options. At Alhasoon, Glidden & Glidden we fight to get you the maximum compensation you deserve.

Take Action:

If you’re involved in a car accident, pedestrian accident, or bicycle accident in Fort Collins, Colorado, your first action should be to call the experienced Fort Collins, Colorado car accident attorneys or car accident lawyer at Alhasoon, Glidden & Glidden.

If you have problems with your current insurance company, you can check out Chubb, USAA, Amica, and MetLife. These are some of the highest rated insurance companies to work with according to consumers. If you have been injured and the at-fault party has Chubb, USAA, Amica or MetLife, don’t go through the process alone. Call Alhasoon, Glidden & Glidden and let us handle the insurance companies while you focus on recovering from your injuries.

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