7 Things to Know About How Car Accident Settlement Works in Wisconsin

If you’re the victim of a car accident – and have suffered injuries – you need a basic understanding of how the settlement process works. Read on!

Wisconsin’s Fault-Based Insurance System

Known as “tort law”, Wisconsin operates under the notion that the party who caused the car accident is legally responsible for the damages incurred by the victim.

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Reporting an Accident and Filing a Claim

All car accidents must be reported within 10 days if there was an injury, death, or property damage exceeding $1,000.

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Submit a Driver Report of Accident

The Role of Insurance Adjusters

Once a claim is filed, the adjuster will review the accident report, examine vehicle damage, and study medical assessments to determine liability.

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Calculation of Damages

Damages for car accidents generally include:

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– Medical bills – Future medical treatment (estimates) – Property damages – Lost income – Pain and suffering – Reduced quality of life – Lost companionship – Disability/disfigurement

Settlement Negotiations

Your attorney will negotiate with the at-fault party’s insurance company for compensation to cover all damages incurred.

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Importance of Car Accident Lawyers in Settlement Negotiations

Insurance companies will offer a lowball settlement. A personal injury attorney is instrumental in negotiating for fair compensation.

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The Option to File a Car Accident Lawsuit

If the at-fault party does not offer adequate compensation to cover damages, victims may take the case to trial – with the help of an attorney.

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Looking for more?

Read the full post to learn more about how car accident settlements work in Wisconsin.

Have questions?

Get in touch with Mahony Law to schedule a FREE consultation.