Below you will find three commonly asked questions regarding Illinois car accident cases.
1
Q: What is my case worth?
A: The value of a case depends on a variety of factors and cannot be determined without analyzing information regarding your injury, medical bills, loss of income, and permanency of your injury. There is no rule of thumb, and each case involves a different set of facts.
2
Q: How long will it take me to receive my money?
A: The length of time necessary to conclude your automobile accident injury case depends upon a number of factors. The amount of time it takes you to recover from your injuries usually determines how much time is necessary to conclude your case. The amount of time before you receive a check for your injuries also depends on whether your case is settled, goes to trial or is appealed. You should not settle your claim until you have been released by your treating physician or he can estimate the cost of your future medical expenses. If you attempt to settle your case prematurely, the insurance company will realize the case is not ready for settlement and this will usually result in you recovering short money. As a rule of thumb, you should not expect your case to be resolved either through settlement or Trial until after you finish your medical treatment or achieve maximum medical improvement from your injury.
3
Q: Where will the money come from to compensate me?
A: The at-fault party’s insurance typically pays for your damages up to the liability limit of the defendant driver. It is very important to learn the liability limits of the defendant driver right away. If you become a client of Franks & Rechenberg, P.C., we will obtain that information shortly after we’re retained. Your own automobile insurance company may pay for your damages, if the at-fault party was not adequately insured or was underinsured, provided you have uninsured or underinsured motorist coverage. This coverage is called Uninsured Motorist Coverage (UM Coverage) or Underinsured Motorist Coverage (UIM Coverage). It is very important to carry adequate Uninsured and Underinsured Coverage insurance to protect yourself and your family from drivers who have little or no insurance. Your own insurance company will usually pay your medical bills up to the medical payments limit on your policy. Generally, your insurance com
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