KymcoForum.com

General => General Discussion => Topic started by: Mscmkr on June 03, 2015, 01:47:04 AM

Title: Insurance settlement help!
Post by: Mscmkr on June 03, 2015, 01:47:04 AM
I am about to send over the paperwork and Dr. Notes to the other guys insurance company so I can finally get my settlement and I was just wondering if anyone had any experience with this kind of thing? I of course am a working stiff so I can't really afford to go to an attorney and I would love some advice from anyone who has either been through this or may have experience with these kinds of things. Any input would be MUCH appreciated!

Thanks everyone and ride safe, mscmkr
Title: Re: Insurance settlement help!
Post by: Chris0381 on June 03, 2015, 02:14:53 AM
You need to get a feel of what your damages are and compensation for pain and suffering then write a demand letter.

The is a law forum somewhere that has a MV accident section.

All attorneys will take a genuine injury case and then some on a contingency basis but they will want you to have more checkups and treatment and tests as the settlement is based on a percentage of the medical bills.

Title: Re: Insurance settlement help!
Post by: GLV55 on June 03, 2015, 02:21:44 AM
My insurance agent was a big help to me when I was hit by a drunk driver. He really worked on my behalf and ended up getting me a settlement that was more than my scooter was worth and paid for my doctor visits. Since they ended up totaling the scooter, the settlement actually paid for all but the tax on my new scooter. Talk to your insurance company - they should be working for you, not the other party. If they don't, drop them immediately after this thing is settled. (Geico motorcycle insurance was our company.)
Title: Re: Insurance settlement help!
Post by: 2wheelfun on June 03, 2015, 02:25:18 AM
Get a lawyer, his 30% take will increase yours. Your a novice, ins cos will lowball you every time. I know this.
Title: Re: Insurance settlement help!
Post by: 2wheelfun on June 03, 2015, 02:29:21 AM
Years ago I was offered all medical bills paid plus 17k on a case where the cager was cited for careless driving. Hired an attorney and got 60k plus and all bills paid but he took a 1/3rd plus expenses. That expenses is negotiable up front to your advantage.
Title: Re: Insurance settlement help!
Post by: 2wheelfun on June 03, 2015, 02:34:56 AM
My point is negotiate.
Title: Re: Insurance settlement help!
Post by: AMAC1680 on June 03, 2015, 10:49:19 AM
Get a lawyer, his 30% take will increase yours. Your a novice, ins cos will lowball you every time. I know this.

I agree.
But don't be a pig.

Be Big,
AMAC
Title: Re: Insurance settlement help!
Post by: blitzjb on June 03, 2015, 12:04:10 PM
Insurance carriers pay to indemnify for actual tangible  losses...IE: Scooter, Medical Bills, possibly rental car and lost wages.  They will not pay for "pain & suffering"
Title: Re: Insurance settlement help!
Post by: Chris0381 on June 03, 2015, 09:22:01 PM
Insurance carriers pay to indemnify for actual tangible  losses...IE: Scooter, Medical Bills, possibly rental car and lost wages.  They will not pay for "pain & suffering"

This

I was offered all medical bills paid plus 17k on a case where the cager was cited for careless driving. Hired an attorney and got 60k plus and all bills paid but he took a 1/3rd plus expenses. That expenses is negotiable up front to your advantage.
Title: Re: Insurance settlement help!
Post by: bluesin on June 04, 2015, 02:22:58 PM
I would not have done nearly as well ( hit and run incident - I was in small pickup ...NOT ACCIDENT.. with an 18-wheeler ) without an Attorney. Especially since the Trucker ran away to Canada and made the Mounties send him back (out of U.S. Insurance Company ) .