Understanding Accident Claims and Compensation Flashcards
6 cards from real Accident Lawyer Tips practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Understanding Accident Claims and Compensation flashcards as text
What is the significance of 'policy limits' in an accident insurance claim?
Answer: They cap the maximum amount the insurer will pay under the policy
Policy limits define the maximum payout from the at-fault party's insurer, which may be less than your total damages.
What is an 'underinsured motorist' (UIM) claim?
Answer: A claim against your own insurer when the at-fault driver's coverage is insufficient
UIM coverage protects you when the at-fault driver's policy limits are too low to cover all of your damages.
What is 'mediation' in the context of an accident lawsuit?
Answer: A negotiation process with a neutral third party to reach a settlement
Mediation involves a neutral mediator who helps both parties negotiate a mutually acceptable settlement without going to trial.
What information should you gather at an accident scene to support your claim?
Answer: Photos, witness contact info, police report number, and the other driver's insurance details
Comprehensive scene documentation including photos, witness data, and insurance information builds the evidentiary foundation of your claim.
Why should accident victims avoid posting on social media during their case?
Answer: Insurers and defense attorneys monitor posts to challenge injury claims
Photos or statements on social media can be used by the defense to argue your injuries are less severe than claimed.
What is the purpose of a 'deposition' in an accident lawsuit?
Answer: To take sworn out-of-court testimony from witnesses or parties
Depositions allow both sides to gather sworn testimony that can be used as evidence or to impeach witnesses at trial.