If you are involved in a car accident and anyone suffers injuries and/or property damage worth $3,000 or more, it is mandatory to file a car accident report with the Vermont DMV within 3 days of the accident. This will form the basis of your auto accident claim.
For those up to no good, who commit nefarious acts, they may not want to report something. Well, this is another way to perhaps catch some of these characters such as Tuco Salamanca who do not want to report anything but this is another topic.
How a car accident claim settlement usually works?
For the most part, it is more common for a car accident lawsuit to be settled outside of court than for the lawsuit to actually conclude in a court trial. There are several reasons for this say some of the most incredible legal counselors in this part of the country. Some of the primary reasons for this include:
- It is cheaper for everyone involved when contrasted with a court trial.
- It is faster as opposed to a court case which in some complicated cases can even take years to conclude.
Provided that it more likely for a car accident lawsuit to be settled outside of court, it is wise to have some fundamental knowledge about car accident settlements and how they work. However, before that it is essential to understand what an auto accident is in legal terms. It is considered to be a car accident if your car or other vehicle comes into physical contact with:
- Another vehicle or vehicles
- With an individual or individuals
- With an object such as a rock, median, traffic sign, animal such as a deer etc.
The demand letter and why you need to get it right
According to accident lawyers who can be found on the stellar website USAttorneys.com any minute of any day, the demand letter is what gets the ball rolling in a car accident settlement. To put it simply, a demand letter is, as the name suggests, a demand for a settlement provided the facts of the case in hand.
The demand letter should be factual and detailed in terms of how, where, when and why the car accident occurred, what sort of damages resulted from the accident in addition to an estimate of how much money the sender is seeking in terms of compensation for the damages. The demand letter should also be enclosed with other documentation, photographs, and so forth which will serve as evidence to support the claims stated in the letter itself.
Legal representatives in the area point out that a solid and undeniable demand letter will be the foundation of an auto accident settlement claim. You can always count on a legal pro to draft the letter so that you get off on the right start.
Negotiations after initial offer
Generally, your attorney will ensure to over-estimate the damages in the demand letter in order to leave enough room for negotiations with defendant or the auto insurance and company and still receive a settlement which is fair and balanced.
It is also important to know, as accurately as possible, the worth of your car accident claim. Knowing how much your case is worth, and what you could get if you took the case to court and win the lawsuit will serve as a reference point in future negotiations and will ensure that you receive an appropriate settlement.
Talk to a car accident lawyer in Vermont today and get all the legal help you need for your settlement claim.