Whenever it comes to treatments, you need to know that prevention is and will always the best medicine. Even though this might sound a bit like an off-topic, it is absolutely important to make sure that you have yourself all covered in terms of insurance.
A lot of people would go about it, thinking that they wouldn’t need it because they haven’t been involved in accidents and that they never will. Therefore, they consider the few extra dollars a month as an insurance premium to be money thrown away. It’s impossible to stress out how important insurance actually is and how many people have lost the battle to get compensated for their injuries just because they fail to carry insurance. This is definitely something that you want to take into consideration. There are, however, tough questions which need to be answered when it comes to it.
Can you really rely on auto insurance?
Regardless of who’s at fault, you will have your accident benefits through your insurance company. They might provide you with a serious amount of benefits, including weekly benefits of up to $400 per week. It’s also good to make sure that you invest in purchasing long term disability insurance through your company or through purchasing your own policy. The $400 might be quite enough to lead a normal life but if you purchase the additional LTD insurance, you can get it up to $700 which is quite substantial, almost doubling the initial amount.
What happens if you slip and fall?
If this happens, you would be able to sue the person who is responsible for the unsafe walking conditions, but you won’t see your money until you settle the lawsuit, which could easily take years. That is why it is important to try and settle the case as an out of court settlement.
Very rarely would you be able to get any type of advanced payments in a lawsuit. With this in mind, you would be in a tough position until you get that money rolling in. On the other hand, if you have a proper insurance policy, you might claim damages from the insurance company and ease the financial burden substantially. This is definitely something that you should take into consideration. The truth is that you should absolutely consider purchasing your insurance policy because this is the only way to be certain that you will get your compensation on time.
With this in mind, it’s not easy to make claims against an insurance company. Even though you might have paid your premiums regularly and as per the demand of the company, the fact that they are in the business to make money will make it hard for you to squeeze the amount you are entitled to. Get a personal injury lawyer in Chatham to help you with that. They have plenty of experience working with similar cases and will be able to help you with it.