Three Reasons Not to Sign That Accident Settlement Agreement

When you are injured in a traffic-related accident, product liability accident, slip and fall (premises liability case), or another personal injury accident, the personal injury laws in California provide a way for you to recover money for your injuries. The money you recover is intended to compensate you for your financial losses (i.e. property damage, lost wages, medical expenses, travel costs, etc.) and your non-economic losses (i.e. pain and suffering damages). An insurance adjuster for the other party may approach you early in your case to offer a settlement for your claim. You should be careful when agreeing to accept a settlement offer for several reasons. As experienced Fresno personal injury attorneys, we want you to receive a settlement amount that is equal to the full amount of damages you suffered because of another party’s negligence. For this reason, we offer free legal consultations so that you can learn about your options before you accept a settlement offer that is lower than the amount you deserve for your claim.

Is My Car Accident Settlement Taxable in California?

When you are injured in a traffic accident, you can hold the negligent driver or party responsible for the accident liable for your damages. In other words, if you did not cause the collision, you might be entitled to receive money from the party who did cause the crash. However, that money could be taxable as income in some cases. Compensation for Pain and Suffering The money you receive as compensation for the pain and suffering from your physical injury or illnesses is not considered taxable income by the Internal Revenue Service or the California Department of Revenue.  This also includes the amount you receive for the emotional distress or mental anguish you suffer because of the physical injuries or illnesses. However, if your claim is for emotional distress or mental anguish that did not result from a personal physical injury or illness, you may owe income tax on all or a portion of the settlement.

Fresno County Big Rig Accident Claims One Life

Last week the California Highway Patrol responded to a big rig accident at the intersection of West and Manning near Caruthers according to ABC30 News. The report states that the driver of a Hyundai failed to stop at a stop sign causing the collision. The driver of the Hyundai died at the accident scene. No other injuries were reported.

When Is A Green Light Not A Green Light?

A green traffic light means that you have the right of way to proceed through the intersection, right?  Well, the answer is actually “sometimes.”  A green traffic light does mean that you have the right of way to move through the intersection in most cases but not in all cases.  For example, if a pedestrian is cross the crosswalk in front of you, regardless of whether he or she has the right-of-way, you must stop. Another example is turning left on a green light. You do have the right-of-way over the drivers who have the red light; however, you do not have the right-of-way over oncoming traffic.  If you turn left in front of another vehicle and cause an accident, you will be charged for the accident. Even if you have the green light, you should always look before proceeding into an intersection, especially if you intend to make a left-hand turn.