The most common types of personal injury claims are road traffic accidents. Did you know that there is a rough estimate of about 700,000 personal injury cases that are filed each year in the U.S.? About 54 percent of these cases are auto accident related.
According to the most recently-available statistics, about 95 percent of pending lawsuits end in a pre-trial settlement. This means that just one in 20 personal injury cases is resolved in a court of law by a judge or jury.
PIP stands for personal injury protection, and it is an extension of car insurance that covers medical expenses and, in many cases, lost wages. It is often called “no-fault” coverage because its inherent comprehensiveness pays out claims agnostic of who is at fault in the accident.
If you have PIP insurance and are hurt in accident, you can receive maximum benefits whether or not the accident was your fault. On top of medical bills and lost wages, PIP insurance can also cover expenses like transportation to medical appointments and lawn repair.
A personal injury trust (PI Trust) is a legal mechanism where money arising from a personal injury or clinical negligence compensation claim is held by people called trustees, for the benefit of an injured or disabled individual (also known as the beneficiary).
There are numerous types of trusts which can be formed under the law. However a PI Trust is known as a bare trust and is distinct for the following reasons:
PI Trusts are most frequently created by those who have mental capacity to manage their own affairs.
If you’re considering making a personal injury settlement after an accident caused by someone else’s carelessness, you probably want to know how much money you can expect to receive in compensation for your medical bills and other damages.
Having a lawyer on your side not only makes it much more likely that you’ll get compensation for your damages; attorneys also help their clients get higher payouts.
FL Legal Group has experienced personal injury attorneys located in Downtown Tampa. If you or a loved one has been injured, call us today for a Free Consultation , If you have been seriously injured and would like to speak to an attorney, we will make arrangements to help you.
Top rated personal injury lawyers in Tampa Bay on Super Lawyers Magazine.
If you need a Tampa Bay personal injury defense lawyer, contact FL Legal Group , our team of accomplished car accident and personal injury defense lawyers routinely
In every case, we use innovative defense strategies to limit our clients’ liability. We strive to have all claims dismissed, or to reach a favorable settlement as early in a case as possible.