On behalf of House Law LLC posted in injuries on November 24, 2023
In Missouri, businesses and property owners have a legal responsibility to ensure that their premises are in reasonable safe and secure conditions. When they fail to do so, they may be legally liable for harm suffered by a customer or other invitee. In some cases, a business or property owner may even bear liability for […]
On behalf of House Law LLC posted in injuries on November 17, 2023
Trucker injured after two tractor trailers collide in foggy conditions in Kansas. According to a report from KAKE News, a 54-year-old truck driver sustained significant injuries following a collision at a highway junction near Marion. A preliminary investigation by the Kansas Highway Patrol determined that the collision happened when a westbound semi-truck—operated by the Kansas […]
On behalf of House Law LLC posted in injuries on November 10, 2023
Unfortunately, some accidents cause severe, life-changing harm to the victim. A catastrophic injury is a severe injury that typically causes long-lasting or permanent damage to a person’s physical or cognitive abilities. Examples include spinal cord damage, amputations, and severe TBIs. Catastrophic injuries are complicated claims. It is imperative that victims and families have the right […]
On behalf of House Law LLC posted in injuries on November 3, 2023
Motor vehicle collisions are consistently a lead cause of accidental injuries. The National Safety Council (NSC) reports that 5.4 million car crashes resulted in medically consulted injuries in the United States in 2021. Following a crash, injured victims need compensation to pay their bills. Unfortunately, you cannot rely on an insurer—even your own—to look out […]
On behalf of House Law LLC posted in injuries on October 27, 2023
Commercial trucks are enormous. When fully loaded, a semi-truck can weigh up to 80,000 pounds. It is imperative that a truck’s cargo is loaded properly. An overloaded truck or improperly loaded truck presents a serious safety risk. Here, our Kansas City truck accident lawyer highlights the danger of a poorly loaded tractor trailer and explains […]
On behalf of House Law LLC posted in injuries on October 20, 2023
There have been a number of different fatal pedestrian collisions reported in our region in 2023. Unfortunately, another hit-and-run crash has taken the life of a pedestrian. According to a report from KSHB 41 News Kansas City, a pedestrian was killed in a hit-and-run incident in the southern part of the city. The accident happened […]
On behalf of House Law LLC posted in injuries on October 13, 2023
People rely on insurance companies to step up and pay claims during difficult times. Missouri law requires insurers to act in a fair, good-faith manner. When they fail to do so—such as refusing to pay a valid claim—they may be held legally liable for additional damages through a bad faith lawsuit. In this article, our […]
On behalf of House Law LLC posted in injuries on October 6, 2023
According to a report from The Kansas City Star, one person was killed and at least five others were injured in a head-on collision. The early morning crash is still under investigation. Here, our Kansas City auto accident attorney provides an overview of what we know about the crash at this point and explains the […]
On behalf of House Law LLC posted in injuries on September 29, 2023
According to a report from Fox 4 Kansas City, a rally was organized to support a construction worker who was killed in a tragic accident at the former AT&T building. Rudolfo Garcia was killed when he fell 14 stories down an elevator shaft that was under renovation. Here, our Kansas City wrongful death lawyer explains […]
On behalf of House Law LLC posted in injuries on September 22, 2023
Were you hurt in an accident? A personal injury claim is a path to justice and compensation. Only a small share of personal injury claims actually go through the full litigation process. Far more cases are settled. Before accepting a personal injury settlement, it is imperative that you are sure that you are getting full […]
Were you hurt in an accident? A personal injury claim is a path to justice and compensation. Only a small share of personal injury claims actually go through the full litigation process. Far more cases are settled. Before accepting a personal injury settlement, it is imperative that you are sure that you are getting full and fair financial compensation for your damages. Here, our Kansas City personal injury lawyer highlights some key that you need to know about answering the most frequently asked questions (FAQs) about personal injury settlements.
What is a Personal Injury Settlement?
A personal injury settlement is an agreement between an injured party and the at-fault party or their insurer to resolve a personal injury claim. The agreement typically includes monetary compensation to cover medical expenses, lost wages, and pain and suffering caused by the injury. By settling a case, the victim is forgoing the right to file a lawsuit.
How is a Personal Injury Settlement Determined?
Settlements are calculated by considering factors such as medical costs, lost wages, property damage, pain and suffering, and future expenses. Each case is unique, so the specific amount awarded will vary based on these factors and the circumstances. It is important to emphasize that a settlement comes after a negotiation. Insurers try to pay out less.
How Long Does it Take to Get a Personal Injury Settlement Approved?
A wide variety of factors can impact the duration of the personal injury settlement process, including things like the severity of the accident, the value of the settlement, and disputes over liability. A personal injury settlement typically takes somewhere between a few months and a year. Though, it can take longer. A case can be settled right up until the date a verdict is issued.
Is the Amount I Get in a Personal Injury Settlement Capped By Law?
No. In both Missouri and Kansas, injured victims have the right to pursue a personal injury settlement for the full value of their economic and non-economic losses. An experienced Kansas City personal injury lawyer can help you fight for the full financial settlement you deserve.
Do I Get Taxed on My Personal Injury Settlements?
It depends on the specific nature and structure of your settlement. As a general rule, much of a personal injury settlement is not taxable. However, there are exceptions, such as if the settlement includes compensation for lost wages, which are subject to income taxes.
Set Up a Free Consultation With a Kansas City Personal Injury Lawyer
At House Law LLC, our Kansas City personal injury attorney goes above and beyond to help victims and families secure the absolute maximum financial payout. Do not go up against a big insurance company alone.
We have extensive experience fighting for full and fair settlements for our clients. Contact us today to set up your no-cost, no-obligation case review. From our Kansas City law office, we handle personal injury claims in Missouri and Kansas.