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.


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.


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.


Calculation of Damages

Damages for car accidents generally include:


– 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.


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.


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.


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.