Georgia Auto Insurance Laws
What are Georgia's minimum liability coverage amounts a driver is required to carry?
$25,000 for the injury or death of one person (yourself, a passenger, another driver, pedestrian, etc.)
$50,000 for the injury or death of more than one person in a single accident
$25,000 for property damage
How Do Car Insurance Settlements In GA work?
The last thing anyone wants is to spend years arguing over a car accident claim and preparing a case, only to lose at trial. This is why most cases settle — a party can get a guaranteed payout and not have to pay an attorney to fight a risky courtroom battle. A settlement is an informal wrapping up of a case for a mutually agreeable remedy, at which time the parties drop the pending lawsuit, assuming a lawsuit was filed. In Georgia, there is not a statewide requirement for settlement conferences. However, many courts, do provide optional settlement conferences or mediation (where a neutral party tries to help resolve the dispute) before trial.
What is the Average Car Accident Settlement in GA?
This is an impossible question, as cases vary in the number of damages. A minor ding of a parked car, for example, will settle for less than a drunk driver who kills an entire family.
In order to reach a settlement, the parties and their attorneys will consider:
Insurance coverage (insurance companies won’t pay more than policy limits)
Car repairs
Medical bills (past and future)
Pain and suffering
Lost wages from time away from work
How Long do I have to File a Lawsuit for a Car Accident in GA?
The time limit (Statute of Limitations) for filing a car accident lawsuit in Georgia depends on the particulars of your claim: the limit is two years from the date of the car accident to file a lawsuit for personal injury and four years to file for property damage. The limit applies even if you have pending insurance claims, so it is important to consult with an attorney early to evaluate the strength of your claim and to make sure you meet the filing deadline.Most settlements can’t be changed after the fact – they’re binding and final and, if you’re not careful, you could end up with an insufficient amount to cover medical bills and expenses down the line or waive your claims altogether. Avoid these mishaps by speaking with our experienced personal injury attorney before signing anything involving your claim. We highly discourage dealing with insurance adjusters alone. They are employed to pay you the least amount for your claim. Don’t go it alone let The Taylor Law Firm help you get the compensation you deserve.
