Friday, December 9, 2011

Don't be Fooled into Settling Your Accident Claim with your Insurance Company


If you have decided to handle your automobile accident claim on your own, do not be fooled into thinking that the at-fault driver’s insurance company will protect your interests.  Virginia Lawyers Weekly reported in its December 5, 2011, issue that a married couple was injured in an automobile collision.  The couple claimed that they accepted offers of settlement from State Farm Insurance Company.  Pursuant to their agreement, the couple refrained from suing State Farm’s insured.  Unfortunately, the two-year statute of limitations expired, and State Farm thereafter sent the couple a letter purportedly withdrawing the offers of settlement.  The couple has sued State Farm alleging breach of an oral agreement, fraud, and unjust enrichment.  Because these injured persons did not consummate the settlement of their claims or file suit against the at-fault driver before the statute of limitations expired, they lost their right to pursue their personal injury claims.  That is why at Altizer & Altizer, we encourage you to call us if you are involved in a serious automobile collision.  We are located in Roanoke, and we serve Southwest Virginia and surrounding areas.  Please call us at (540) 345-2000, or visit our website at altizerlaw.com.  One of our attorneys would be happy to speak with you.

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