WHO PAYS FOR YOUR MEDICAL BILLS AFTER A CAR ACCIDENT?
Medical bills are the leading cause of bankruptcy in our country. If you’ve been injured in a car wreck recently, that should give you pause, because there will be medical bills associated with the treatment for your injuries. It’s reasonable to assume that the at-fault driver’s insurance company will cover all your medical expenses (and they should), but that is not always the case. Often insurance companies will offer to settle your claim shortly after the wreck. What they do not make clear is that accepting their offer ends their responsibility to pay for any future medical bills related to treatment for your injuries.
The at-fault driver’s insurance company is liable by law for your medical expenses. However, the extent to which they pay those bills depends on when the claim is settled. In any wreck related injury claim, the at-fault driver’s insurance company will try to determine what they are obligated to pay you at that moment in time. Although that amount can seem significant, it may be far less than you will actually need to fully recover. Your injuries will take time to heal but the insurance company will often pressure you to accept a settlement before you have made a full recovery. If you agree to accept a settlement before you have fully healed, there’s no going back. Whether or not the settlement turns out to be enough, the insurance company is no longer required to pay you anything. This leaves you responsible for future medical bills.
HOW TO VALUE ACCIDENT SETTLEMENTS
Knowing when to settle your case, negotiating a settlement, and understanding whether you are receiving a fair settlement amount can be difficult tasks. This is why it is important to contact an attorney early in the process when you have been injured in a motor vehicle wreck. An attorney will help you understand the process, ensure that you do not settle your case prior to receiving all the necessary treatment for your injuries, and will negotiate a settlement that ensures you will not be responsible for medical bills that are the result of injuries you received from another driver.
WE’RE HERE FOR YOU 24/7
At Cory Watson Attorneys, we have made it our mission to fight for the rights of injury victims and their families for more than 30 years, and have recovered over 3 Billion for our clients.
Call (877) 562-0000 or fill out our online form to arrange for your FREE and CONFIDENTIAL case evaluation.