According to a recent article, bodily injury costs have increased by 66% in California since the pandemic began. This is due to a number of factors, including inflation, rising medical costs, and an increase in the number of lawsuits. The article also discusses how Mercury Insurance’s new umbrella policy can help protect people from these rising costs. Mercury’s umbrella policy offers extra protection for an affordable price, and it can help cover the costs of bodily injury claims that exceed your auto insurance policy limits.
Here are some additional details from the article:
- The average bodily injury payout in California has increased from $15,000 in 2020 to $25,000 in 2023.
- The most common types of bodily injury claims are for soft tissue injuries, such as whiplash and back pain.
- Mercury’s umbrella policy starts at just $150 per year.
- Mercury’s umbrella policy can cover up to $5 million in bodily injury claims.
It is crucial that when you get an umbrella policy, you ensure that the policy is up-to-date with changes in your salary and wealth as getting into an accident of any kind can begin to affect more than just your insurance but also your salary as well.
Insurance Claims And Personal Injuries
Getting into an accident is a stressful experience, and dealing with insurance agents can add to the stress. However, it’s important to know your rights and how to negotiate with insurance agents to get the best possible outcome. If you were injured in a car accident, there are certain steps you should follow.
Here Are Some tips:
Exchange information with the other driver(s): Get the other driver’s name, address, phone number, insurance information, and license plate number. If there are any witnesses, get their contact information as well.
Take pictures of the damage: Take pictures of all damage to your car, as well as any other property that was damaged. This will help you document the damage and support your insurance claim.
File a police report: Your Simi Valley, CA personal injury lawyer knows it’s a good idea to file a police report, even if the accident is minor. This will create a record of the accident and can be helpful if you have to file an insurance claim.
Negotiate with the insurance agent: Your claims adjuster may offer you a settlement amount that is lower than what you think you deserve. If this is the case, don’t be afraid to negotiate. Be prepared to provide evidence to support your claim, such as pictures of the damage, estimates from repair shops, and medical bills.
Don’t sign anything until you’re happy with the settlement: Once you’ve reached a settlement agreement, be sure to read it carefully before you sign anything. Make sure that the agreement covers all of your damages and that you are satisfied with the amount of the settlement.
Getting into an accident is a stressful experience, but it’s important to know your rights and how to negotiate with insurance agents to get the best possible outcome. The lawyers at Barry P. Goldberg can help you with your insurance claim. By following the tips above, you can increase your chances of getting a fair settlement. Call your lawyer for help now.