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How long you can file a claim for an injury after a car accident depends on your state. Reporting requirements for bodily injury range from one year in Louisiana or Tennessee to 10 years in Alaska.
Individual claimants or those represented by lawyers often present demands to insurers to settle for money. These demand for bodily injury compensation monies often set out damages that are similarly used in the court litigated pleadings. Demands are usually written summaries of a claimant's medical care and the facts which resulted in the injury.
Historically, personal injury lawsuits in tort for monetary damages were virtually nonexistent before the Industrial Revolution of the 19th century. [4] In agrarian, pre-industrial societies where most people did not travel far from home during their lifetimes, accidental bodily injuries inflicted by one stranger upon another were quite rare. [5]
A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement may be offered by the ...
Your state may require you to carry bodily injury liability. Bankrate explains. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
If you have $100,000 in bodily injury liability per person on your auto policy but their total injuries amount to $175,000, your umbrella policy could step in to help pay the overage of $75,000 ...
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