Auto Accident

Can You Get More Money After You’ve Accepted an Auto Accident Settlement?

After an auto accident, you know you’re facing some big expenses, especially if you needed an ambulance ride and an overnight stay in the hospital. You also may be too hurt to work, and that means no paychecks for a few weeks or even months. When the insurance company offers you a settlement, you may be quick to accept it, as you need money right now, and if you need more in the future, you can always ask for more—right?

Unfortunately, that’s not the case. Accepting any settlement, whether it’s enough to cover your accident-related expenses or not, locks you out from pursuing more money in the future. That’s because the fine print in these settlements always includes a stipulation that accepting them means forgoing all rights to future compensation, claims, or lawsuits.

Because of the “one and done” factor of personal injury settlements, it’s extremely important to get every penny you need both for your current expenses and your future expenses in a single settlement. Getting some compensation now and then going back for more later once you’ve determined how much additional you’ll need is simply impossible due to the way personal injury law and insurance companies work.

At Skolrood Law Firm, our Roanoke auto accident attorneys can calculate exactly how much money you’re owed, and we’ll work hard to help you get it from the day we take on your claim. Contact us today for a free consultation.

Auto Accident

What You Should Know About Virginia’s Uninsured Motor Vehicle Fee

Virginia is one of two states that doesn’t require valid auto insurance to drive a vehicle on its roads. However, drivers who choose to not carry auto insurance must pay a fee of $500 at the time that they register their vehicles with the state. This fee is called the Uninsured Motor Vehicle fee, and while it allows them to legally drive their uninsured vehicles, it doesn’t substitute for auto insurance.

Should uninsured drivers be involved in a crash where they’re ruled at fault, they can be personally liable for any injuries and damages they cause. But as many injured victims quickly find out, the people who injure them have no way of actually paying them the amount of money they need for their medical bills, lost wages, pain and suffering, and other expenses.

That’s why it’s extremely important to carry uninsured motorist coverage that exceeds the minimum, which is $25,000 per person in a crash. Although this seems like a lot of money, it can quickly cap out after a crash. Even a single ambulance ride to the hospital can cost thousands of dollars, and when you factor in multiple missed paychecks, X-rays, overnight stays in the hospital, and specialist visits, $25,000 can disappear in a flash, leaving you on the hook for the rest of your medical bills.

Given the fact that Virginia allows drivers to get away without paying for auto insurance, you should protect yourself as best you can by purchasing as much uninsured driver coverage as you can. This can give you peace of mind, especially when you contact an experienced Roanoke auto accident lawyer after a crash. Skolrood Law Firm is here to help you get the money you’re owed after an accident, so don’t hesitate to contact us.

Auto Accident

3 Hidden Expenses After Auto Accidents that Insurance Companies Don’t Consider

Some auto accident victims may think that hiring a lawyer after their crash is unnecessary if the other driver’s insurance company offers them a settlement right away. After all, that means they don’t have to pay a lawyer or even wait to get money. But in many cases, those victims quickly find out that their settlements aren’t enough to cover all of their expenses—some of which may be “hidden” and not discovered until weeks, months, or even years later.

  1. Prolonged medical bills—While some auto accident victims make relatively quick recoveries, many are left with lasting damage. They may become partially disabled and need to undergo physical rehabilitation for years, which can be extremely expensive.
  2. Career setbacks—When you miss weeks, months, or even years of work, you don’t just miss the paychecks you would have earned during that time. You also miss promotions, bonuses, and health insurance, and more. These costs should be considered in settlements.
  3. Loss of enjoyment of life—Pain and suffering doesn’t always take into account all the ways that an accident affects a victim. Disabled victims may not be in significant pain, but they may be unable to do the things they once loved, such as hobbies and spending time with family.

At Skolrood Law Firm, our Roanoke auto accident lawyers don’t overlook any of the costs of a crash. In fact, we dig deep to find ways that our clients were affected by their crashes that they haven’t even experienced yet. It’s our goal to ensure they are financially compensated for what they’ve gone through. Contact us today for a free consultation if you or someone you love was injured in an auto accident.