On Friday, May 19, 2023, there was a traffic accident on US 68 and Champlin Road in Clinton County Ohio. A 22-year-old woman and her two passengers, including her infant, attempted to pass multiple vehicles on US 68 when she hit a Ford Focus. A 20-year-old passenger in the Toyota was killed and the driver and infant suffered serious injuries and were transported to Clinton Memorial Hospital and then to Miami Valley Hospital. The driver of the Ford was injured as well and transported to Miami Valley Hospital. The Ohio State Patrol are investigating this accident.

What monies are taken out of an Auto Accident Settlement?

When you reach a settlement for personal injuries resulting from an auto, truck or motorcycle accident, you expect that you will pay your attorney his contingency fee for obtaining the recovery for you from the insurance company. However, that may not be the only thing deducted from your settlement. If a health insurance company has paid medical expenses related to your accident, they will have a reimbursement clause in their contract that will require you to reimburse them out of your settlement with the at-fault party. This claim is often called a “subrogation” claim. All health insurance contracts have these provisions and your auto accident lawyer will be required to pay them out of your settlement.

There are companies that lend money to personal injury accident victims. One of the most challenging aspects of going through a personal injury claim is when the injuries prevent you from working. The bills keep coming whether you are working or not. These companies are willing to lend personal injury victims money if they have a reasonable chance of making a recovery against an insurance company for their injuries. These loans are to be avoided, if possible, because these loan companies charge high interest rates. If you obtain one of these loans, your lawyer is required to pay back the loan out of your settlement.

Some medical providers, mostly chiropractors, will have a patient sign a reimbursement form requiring them to pay any outstanding balance on their account out of the settlement. They will have the lawyer sign the reimbursement agreement as well and he or she will have to pay them out of the personal injury settlement.

Sometimes, lawyers have costs they have paid in support of the personal injury claim and these costs are reimbursed to the lawyer out of the settlement. Other potential payments out of the settlement include debts of the client, purchases that the client has directed the lawyer to pay and outstanding balances to medical providers. Not all of these expenses are required to be paid by the lawyer, but the client may request that they be paid.

Contact the Troutman Law Office!

The circumstances involved in the deadly accident described above will require the services of an experienced Ohio auto accident attorney to investigate and locate all available evidence to determine liability and to maximize all insurance benefits available to the victim in this auto accident. Matthew Troutman, Ohio auto accident lawyer, of the Troutman Law Office has been handling auto accident claims, almost exclusively, since 1986 and has the experience and talent to obtain the best result for the victims in the above car accident. It is very likely that the at fault driver will not have enough insurance to fully compensate the victim’s estate and the others injured, and, therefore, it will be important for there to be underinsured motorist benefits available to the victims.

If you need legal assistance due to a motor vehicle accident, contact Ohio auto accident attorney Matthew Troutman directly at 859-696-0001 or 502-648-9507 and he will meet with you in the hospital, your home or wherever is convenient for you. He will give you direct access through his cell phone and guide you through the difficult process necessary to obtain the best result possible for you in your car accident claim. To learn more about Ohio car accident attorney Matthew Troutman and the Troutman Law Office, click here.