When you are hurt in a car accident, there are a lot of things that run through your mind, but most people aren't focused on suing the other driver or their own insurance company. Unfortunately, because of the way the world works, most people find that they are given far less of a settlement than they deserve, especially if the accident wasn't their fault. I wanted to create a blog all about choosing a better accident and personal injury attorney, so that you can prevent longterm financial ramifications from your accident. I know that a lot of these tips helped me along my journey.
In all branches of law, there is something called a statute of limitations, and this is something that refers to the amount of time a person has to file a lawsuit against another party. If you were in a car accident, there are statutes of limitations that apply to you, and it is vital to understand what these are and how they work. Here are three key things you should know about statutes of limitations on car accident cases.
What Are Statutes of Limitations?
Each state has placed a time limit for people that want to sue other people, and this is what a statute of limitation is. It is the time limit you have to file a case, and there are different time limits for different types of cases. On average, the amount of time you have to file a car accident claim is between one to six years. This time frame starts on the day of the accident, so if your state has a two-year statute of limitation, you have two years from the date of your accident to file a claim.
If you do not pursue compensation for your car accident by the last day of the time frame you are given in your state, you lose the right to seek compensation. This is the top reason you must understand how the statutes of limitations work in your state, unless you do not want to recover money for the damages and injuries you experienced.
Why Are These In Place?
The main reason states have these rules in place is to prevent people from waiting years and years before they sue. It can be hard to move on in life if you are constantly wondering if someone will sue you.
They are also designed to give people enough time to find out how severe their injuries are before they proceed with their cases. There are times when people are injured severely and do not know the extent of the injuries for a year or two, and there are times when it can be even longer than this. If states only gave you a couple of months to do this, you may not even know how much money to ask for, simply because you would not know what the extent of the injuries is and how those injuries would go on to affect your life. For example, an injury that may at first seem simple to recover from could ultimately turn into an issue of chronic pain.
When Should You File If You Were Severely Injured?
After a major car accident occurs, it does not hurt to talk to a car accident lawyer within a few weeks just to get information. In fact, you can start preparing a case with a lawyer as soon as you would like, but you may want to wait to actually file your case until you are getting close to the end of the statute of limitations in your state.
The goal is to wait for the point in which you reach your medical maximum improvement (MMI). This is a time period when you feel as though you have recovered from your injuries as much as you are ever going to. If you file a lawsuit before this, you might lose out on some of the compensation you could have been entitled to had you known how bad your injuries were.
Visiting a car accident lawyer from a firm like Speers Reuland & Cibulskis, P.C. for advice is one of the best things you can do after incurring injuries from a car accident. If you have other questions to ask, contact a law firm today.Share