With $29.6 billion in premiums written and 13% of the U.S. market share, GEICO is the second largest auto insurance company in the nation. It is an enormous company with a team of adjusters and that can be intimidating to policyholders when they’re trying to make a car accident claim. In these cases, hiring an experienced attorney could help you protect your rights and get the money you need to recover.
Insurance Claims in a No-Fault State
Florida is a “No-Fault” state, which means that after a crash, individuals will file a claim with their car insurance provider to get compensation for some of their damages regardless of which driver is at-fault. By law, you should have full liability protection with a minimum of $10K in Personal Injury Protection (PIP) coverage. These PIP benefits are intended to cover medical bills and lost wages.
GEICO Auto Insurance Claims
When reporting your accident, it is important to remember that insurance adjusters are not independent third parties. They work for GEICO, and the company’s bottom line will always be a priority. In order to minimize insurance settlements, adjusters will examine the liability of the parties, the itemized expenses in the medical bills, and other factors that could reduce the benefits paid by their employer. You may believe that you have to accept an initial settlement offer, but that’s frequently not in your best interest. Speak with a car accident injury attorney before accepting a settlement offer from GEICO or any other insurer.
Even established companies, like GEICO, can make a mistake when calculating your damages. Having an experienced attorney on your side can prevent an adjuster from basing compensation for your medical bills on reduced amounts that they determined to be the usual charge for similar medical care in your area. Having competent legal representation can protect you from receiving an inadequate settlement to cover the full cost of your accident injuries.
Personal Injury Lawsuits
Depending on your situation, an attorney may also help you recover additional compensation through a personal injury lawsuit. In Florida, car accident victims who have over $10K in medical bills and lost wages can sue the driver responsible for damages not covered by their insurance. In these cases, you could recover payment for any past and future medical bills, lost wages, and loss of future earning potential.
Also, victims who sustained permanent damage in a car accident can also use a personal injury lawsuit to recover additional compensation. According to Florida law, a permanent injury is a permanent loss of a vital bodily function, disfigurement, disability, significant scarring, and or death. These cases are compensated by monetary damages that account for out-of-pocket expenses stemming from the accident (ex. medical bills) and intangible losses specific to the patient (like your pain and suffering).
Call 1-800 INJURED to Start Your Case Today
If you need help filing a GEICO Insurance claim or a personal injury lawsuit in court, a Miami personal injury attorney can help. Call 1800-Injured today to be connected to a professional and discuss your options with an experienced attorney who cares.
1800-Injured is an attorney and medical referral service that helps clients get connected with the professionals they need to recover from a car accident. Our network of trusted attorneys will investigate your case thoroughly to get you the maximum compensation you need during this challenging time. Call us today toll-free at 1800-Injured to get started.