17 March

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Insurance Company Tactics: How the Delay, Deny, Defend Strategy Impacts Truck Accident Claims

Insurance companies use a specific strategy called "Delay, Deny, Defend" to reduce payments for truck accident claims. This approach aims to wear down victims through a series of calculated tactics.Insurance adjusters often work under pressure to keep settlements low, as their job security and bonuses may depend on metrics like average payout per claim. The impact of these tactics on truck accident victims can be severe, causing both financial strain and emotional stress during an already difficult time.Research from the Insurance Research Council shows that claims with legal representation settle for 3.5 times higher amounts than those without representation. In...

11 March

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Pain and Suffering in Personal Injury Cases: How Is It Calculated?

Posted by Frekhtman & Associates

in Accident Injuries

Personal injury cases involve more than medical bills and lost wages. Pain and suffering damages represent a vital part of compensation that covers both physical injuries and emotional trauma.These damages include long-term disability, disfigurements, depression, anxiety, and mood swings that affect victims' daily lives. Insurance companies use two main methods to calculate pain and suffering: the multiplier method and the per diem method.The multiplier method takes economic damages and multiplies them by 1.5 to 5, based on injury severity. The per diem approach assigns a daily rate for the recovery period. Many states place different limits on these non-economic damages...

09 March

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How Long Does It Take to Settle a Personal Injury Case in The Bronx

Posted by Frekhtman & Associates

in Accident Injuries

Personal injury cases in The Bronx require patience and careful planning to reach a fair settlement. Most cases take between six months to six years to resolve, depending on several key factors.The settlement timeline varies based on injury severity, case complexity, and insurance company responses. Medical treatment records, evidence collection, and proper legal documentation play vital roles in determining settlement speed.The investigation phase often spans several months, while discovery can extend beyond a year. New York law allows three years from the accident date to file a personal injury lawsuit.Many cases settle before trial through negotiations, though some proceed to...

07 March

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How Long Does It Take to Settle a Personal Injury Case in Brooklyn?

Posted by Frekhtman & Associates

in Accident Injuries

Personal injury cases in Brooklyn require careful attention to detail and proper timing for successful settlements. Most cases take several months to over a year to reach a resolution, depending on various elements like injury severity and case complexity.The settlement process involves essential steps such as medical treatment, legal representation, and evidence collection. Medical treatment usually spans 1-2 weeks, while securing a lawyer takes about the same time.Evidence gathering might extend from 4 weeks to 2 months. Insurance companies in New York must respond to claims within 15 business days and make decisions within 30 business days.Settlement negotiations average 1-4...

03 March

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What to Do After a Car Accident in The Bronx: A Step-by-Step Guide

Posted by Frekhtman & Associates

in Accident Injuries

Car accidents in The Bronx require quick thinking and proper actions to protect your rights and health. A clear guide helps drivers handle the stress and confusion after a crash. The first steps taken at an accident scene shape the outcome of insurance claims and legal cases.New York's no-fault insurance system demands specific actions within strict time limits. Drivers must file insurance claims within two days and submit a No-Fault Application Form within 30 days.Medical care remains crucial even for minor injuries, as delayed treatment could lead to serious health issues. Photos, videos, and witness statements create strong evidence for...

01 March

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How Long Does It Take to Settle a Personal Injury Case?

Posted by Frekhtman & Associates

in Accident Injuries

Personal injury settlements shape the lives of accident victims across America. Most cases reach a settlement within six to nine months after medical treatment ends. A clear-cut auto accident might settle fast, while severe injuries need more time to resolve.The process includes vital steps like gathering evidence, talking to lawyers, and working with insurance companies. Studies show that 90% of personal injury cases settle before going to trial.Simple claims often wrap up in months, yet major accidents might stretch past two years. Medical costs and long-term pain factor into settlement amounts, making quick insurance offers less attractive.Lawyers speed up cases...

28 February

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What Insurance Companies Don’t Want You to Know About Injury Settlements

Posted by Frekhtman & Associates

in Accident Injuries

Insurance companies hold a strong grip on injury settlements, often putting their profits ahead of fair compensation for accident victims. Many people face unfair treatment during their claims process, yet they lack vital knowledge about their rights.Research shows that insurance adjusters frequently offer settlements far below the actual value of claims, especially to people without legal representation. The law grants policyholders specific rights, including the ability to stack multiple uninsured motorist policies in states like Georgia for higher compensation.Most drivers fear rate increases after filing claims, but filing a single uninsured motorist claim rarely leads to premium hikes. Insurance companies...

25 February

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Do You Need a Lawyer for a Minor Car Accident?

Posted by Frekhtman & Associates

in Accident Injuries

Minor car accidents happen daily on American roads, causing stress and confusion for many drivers. A minor car accident involves limited vehicle damage and no serious injuries. Legal experts recommend specific steps after these incidents, such as filing insurance claims and gathering evidence at the scene.Many drivers face challenges with insurance adjusters who might delay or deny claims, making legal help valuable. Medical issues like whiplash or concussions often appear days after an accident, leading to unexpected costs.Police reports, photos, and witness statements serve as vital proof for insurance claims. Drivers must avoid common errors such as skipping police reports...

22 February

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What to Do After a Car Accident in The Queens: A Step-by-Step Guide

Posted by Frekhtman & Associates

in Accident Injuries

After a car crash in Queens, your first action must focus on moving your vehicle to a safe spot away from traffic and calling 911 for immediate police and medical response - read on to learn the essential next steps that protect your rights and ensure proper handling of your accident case.Move to a safe location, if possibleSafety stands as the top priority right after a car accident. Moving your vehicle to a secure spot reduces the risk of secondary crashes and keeps you protected from passing traffic.Pull your car onto the shoulder or a nearby parking lot if your...

20 February

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How Much Is My Personal Injury Case Worth?

Posted by Frekhtman & Associates

in Accident Injuries

Personal injury cases differ in value based on several key elements that shape the final compensation amount. Medical expenses, lost wages, and pain and suffering create the foundation for calculating damages in these cases.Severe injuries like traumatic brain damage or paralysis often lead to higher settlements due to their lasting effects on daily life. Insurance companies use specific methods to determine compensation, such as the multiplier method, which applies a factor of 1.5 to 5 times the economic damages.California law allows injured parties to seek compensation even if they share partial fault for the accident. Documentation plays a vital role...

Author: Frekhtman & Associates