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There is no specific limit to how much compensation a plaintiff can seek in a car accident lawsuit.
Virginia law provides a two-year statute of limitations on car accident claims. A statute of limitations outlines an injured victim's deadline to file their lawsuit. Failing to file within this time bars you from bringing a lawsuit later.
Virginia's code section 8.01-243 establishes a two-year statute of limitations for an individual injured in a vehicle accident to pursue compensation. Similarly, in the event of a wrongful death, the family of the deceased must file a claim within two years of the victim's death.
The written report must be submitted within 24 hours of the crash. Furthermore, the Code of Virginia requires any driver involved in a car accident resulting in injury or death to notify the police of the crash immediately. Failing to do so is a Class 4 misdemeanor punishable by a fine of up to $250.
Virginia is, in fact, an at-fault state, which means the driver whose negligence caused your accident is responsible for compensating you. Virginia does not require insurance on every registered vehicle. If the driver who caused your accident is covered, you can request compensation from their insurer.
Under Virginia law, when someone makes a claim against your insurance policy they will negotiate with the insurance company to try to come to a fair agreement. However, if they are unable to reach an agreement, the injured party will then be required to take the matter to court.
Settlement Value of Virginia Auto Accident Lawsuits INJURY SEVERITY LEVELSETTLEMENT VALUELEVEL I (minor)$21,000 ? $42,000LEVEL II (moderate)$59,000 ? $160,000LEVEL III (severe)$198,000 ? $525,000
The Department of Motor Vehicles maintains the official record of all reportable crashes occurring within the Commonwealth. A driver, vehicle owner or a representative may report an accident to DMV by submitting an accident report (FR200), along with the Information Request Form (CRD-93) and a payment of $8.00.