Often, injury claims are handled by insurance companies. Generally speaking, insurance companies agree to pay for car accidents and other injuries involving their clients. After all, this is the reason people spend the money on insurance in the first place. But, as an insured claimant, it's important for you to read and understand the fine print in your insurance contract. There are times when insurance companies make mistakes, and if the claimant is uninformed, he or she could lose out on a benefit that was promised in the contract. Being well-informed about your insurance policy and contract will ensure that your legal interests are protected. FindLaw's Injury Claims and Insurance section provides general information about injury claims and insurance law, as well as the common types of insurance that are available to people. In this section, you can also find articles about the basic steps for filing an insurance claim, what a subrogation action is, and protecting a settlement from an insurance provider.
Common Types of Insurance
The reason to buy insurance is to give some financial protection in the event of a disaster, such as a car accident, natural disaster, or an injury. There are several types of insurance, and it can be hard to figure out which kind of insurance is necessary. In order to determine the best types of insurance for you, it's helpful to look at various factors including age, whether or not you have a family, lifestyle, and employment benefits.
Car insurance is not only good insurance to have but also required by law. Most states make it illegal to drive a car without having car insurance. Car insurance protects the insurance policy owner against physical damage to the car as well as bodily injury caused by a car accident. Most car insurance policies usually cover liability arising from a car accident as well.
Homeowner's insurance can be a helpful type of insurance if you own a home. This type of insurance generally protects both the home itself and the items inside the home. Sometimes homeowner's insurance policies also protect the homeowner from accidents that happen at the home, such as a slip and fall. Similar to homeowner's insurance is renter's insurance, which, as the name implies, is available to renters.
Another common type of insurance is life insurance. This type of insurance protects the insured person against the financial losses associated with death. Unlike most other types of insurance, the insured person doesn't receive the benefits of a life insurance policy. Instead, the insured person designates a beneficiary who receives the benefits upon the death of the insured person. This type of insurance is a good idea for people who want to make sure that their loved ones are not financially burdened upon the insured person's death.
Hiring a Personal Injury Lawyer
Personal injury cases can be complex, especially if an insurance company, hospital, or other third party is involved. If you or someone close to you has suffered injuries that you believe were the result of someone else's actions, you may want to contact a personal injury attorney to discuss your legal options.