Tag Archives: liability

Five things you should do after an auto, motorcycle, bicycle or truck accident to increase your settlement

How to increase your settlement or jury award after an accident

The steps you take immediately following an accident will help you and your attorney achieve the best possible results from your personal injury settlement or trial. When you hire a lawyer, he or she will thoroughly investigate the facts of the accident based upon the information you are able to provide as follows:

  1. Obtain an accident report from the police or sheriff within the jurisdiction where the accident occurred;
  2. Obtain eye witness information: name,  phone number and address, if possible;
  3. Take photos of all vehicles at the scene of the accident;
  4. Get medical treatment and follow-up on your doctor’s treatment plan;
  5. Do not give a statement to the other driver’s insurance company without your lawyer’s knowledge and/or presence.

In many cases, a private investigator may be employed by your attorney to further delve into the details of the accident, particularly when there is a question of liability. But the information listed above will give everyone involved in your case a good start on the facts and provide some very necessary information.

Experienced personal injury lawyers

Call Charlie Ward at 317-639-9501If you, or someone you know, has been injured or killed in an accident caused by another person’s negligence, give Charlie Ward a call today at 317-639-9501 to discuss the facts and obtain a free evaluation of your claim.

By Charlie Ward

Ward & Ward Law Firm
728 S Meridian St
Indianapolis, IN 46225
317-639-9501

Uninsured Coverage is your Protection from an Accident Caused by Uninsured Driver

It makes sense to carefully choose your auto insurance policy

You probably wouldn’t consider opening an account with a bank that was not insured by the Federal Deposit Insurance Corporation. Banking insurance premiums finance this federal insurance program; indirectly you fund this insurance through your deposits, service charges and bank fees. Why would you protect your liquid assets but overlook a protection vital to your family’s personal wealth, health and well-being?

Insurance protection in a bad economy

Research conducted by the Insurance Research Council shows that as many as 16% of Hoosiers are driving without any insurance coverage. During the recession, many people have lost their jobs and have chosen not to pay for the insurance required under Indiana law.

In some states, uninsured motorist coverage is a required add-on to your automobile policy. But in the state of Indiana, uninsured motorist coverage is intrinsic to the personal liability portion of your auto policy. Your uninsured motorist coverage automatically protects you from injury, lost wages and other expenses incurred as a result of a serious accident with an uninsured driver. The amount of coverage afforded you by your policy will be the same amount as the coverage under your personal liability policy. Remember, the price of coverage goes down as the amount of coverage goes up. Your decision to choose the highest amount of coverage you can afford could be the best financial decision you make for your family.

Experienced personal injury lawyer

If you are involved in an accident, call Charlie Ward of Ward & Ward Law Firm. I look forward to meeting with you and would be happy to discuss your automobile insurance coverage with you today.

Charlie Ward

Ward & Ward Law Firm
55 Monument Circle, Ste 1014
Indianapolis, IN 46204
317-639-9501

www.wardlawfirm.com

Where do Injured Parties Look When the Limits of Your Motorcycle Policy are Exhausted?

Motorcyclists should carefully assess their motorcycle bodily injury & liability portion of their insurance policy

There’s no doubt that the rising cost in fuel is throttling the motorcycle industry. Sales were up 7.2% in the first quarter of 2011 so says the Motorcycle Industry Council’s Retail Sales Report. These increased motorcycles on the road have resulted in increased injuries and fatalities. According to the Indiana State Police, the total number of collisions involving motorcycles increased in the year 2010 nearly 5% over 2009. Last year there were 3,721 motorcycle accidents reported — 2,712 injuries including operators and passengers—and 110 fatalities (100 operators and 10 passengers.) The average age of motorcycle fatalities—40.9 years old.

These statistics are dismal but as more people take their hogs to the road—as a necessary form of transportation or for the pure pleasure of riding the highway—the enthusiast should have in place a sound motorcycle policy adequate to cover any medical injuries and or deaths that could occur as a result of an accident.

The Declarations page of your motorcycle policy outlines your coverages and the insurance company’s limits of liability. It reads very similar to your automobile policy. Bodily Injury & Property Damage Liability covers a maximum amount per person and a maximum total amount which will be paid per accident. For example: a $100,000/$300,000 policy coverage means an injured party could potentially receive up to but no more than $100,000 for injuries to their person but no more than $300,000 could be recovered by the total number of persons injured in the accident. That is, if a carload of people were injured in an accident which was determined to be caused by you as the operator of your motorcycle, your insurance company would not pay more, in this instance, than $300,000 total for injuries and or deaths which occurred.

If a string of cars and/or motorcycles were involved in an accident, such is often seen in freeway pile-ups, and it was deemed to be a result of your actions, more than likely $300,000 would not be sufficient to cover the medical expenses and wrongful death suits which could follow. That’s why it’s so important to balance your liability needs with your assets. In other words, where would injured victims look for compensation after your insurance policy limits were exhausted? Many learn this lesson the hard way—after the fact. Many consumers don’t realize that the price of coverage per unit goes down as the amount of coverage goes up. In other words, it’s cheaper to buy in bulk.

As more people take to the road using alternative forms of transportation, I think we can unfortunately expect to see motorcycle accidents rise. Get the coverage you need. And discuss your existing policy with your personal injury lawyer. Ward & Ward Law Firm lawyers can help you assess your policy needs.

Charlie Ward

Ward & Ward Law Firm
728 S Meridian St
Indianapolis, IN 46225
(317) 639-9501
(888) 316-3449
www.wardlawfirm.com