logo
Brooklyn Car Accident Lawyer Samantha Kucher Explains New York Car Accident Settlements

Brooklyn Car Accident Lawyer Samantha Kucher Explains New York Car Accident Settlements

Globe and Mail08-07-2025
Understanding how car accident settlements work in New York is critical for anyone recovering from a crash. Brooklyn car accident lawyer Samantha Kucher (https://www.rrklawgroup.com/how-car-accident-settlements-work-in-new-york/) of Kucher Law Group provides a detailed explanation in a recent article titled 'How Car Accident Settlements Work in New York: Timeline, Negotiation Letter, and Payouts'. The article breaks down the process from the first steps after an accident to the final payout, offering vital information for those navigating the state's no-fault system and liability thresholds.
As a Brooklyn car accident lawyer, Samantha Kucher highlights the importance of following legal requirements immediately after a crash. Victims are urged to report the incident to law enforcement, file Form MV-104 with the Department of Motor Vehicles if the damages exceed $1,000, and begin gathering evidence from the scene. These initial actions set the stage for a smoother settlement process and help protect the individual's legal rights.
Samantha Kucher emphasizes that a Brooklyn car accident lawyer can help claimants understand the state's no-fault system. Under New York law, Personal Injury Protection (PIP) covers up to $50,000 for medical expenses and lost wages, regardless of who caused the accident. However, if injuries go beyond this coverage or involve non-economic damages like pain and suffering, claimants must meet the 'serious injury' threshold to pursue additional compensation through the at-fault driver's insurer. This includes injuries such as fractures, disfigurement, or extended disability that prevents daily activities for 90 out of 180 days.
Once the initial treatment phase concludes and a claimant reaches Maximum Medical Improvement, Samantha Kucher explains that the next step is the demand letter. The demand letter outlines the accident, medical history, lost income, and a specific settlement amount. It also includes supporting documentation and gives the insurer a deadline to respond. 'A skilled attorney can help draft your letter and ensure that all the necessary details are included for the insurance company's consideration,' the article states.
Insurance companies may accept the demand, reject it, or more commonly, counter with a lower offer. Samantha Kucher points out that settlement negotiations can take weeks or months depending on the injury's severity, the strength of evidence, and whether liability is disputed. While many cases resolve during negotiations, some require a lawsuit to proceed further, especially when the insurer refuses to pay what the claimant is owed.
The Brooklyn car accident lawyer also outlines what happens when a lawsuit becomes necessary. The process begins with filing a formal complaint, followed by an exchange of information during discovery, and possibly going to trial. Although trials are rare, the threat of litigation often motivates insurers to offer better settlements. As noted in the article, 'Filing a lawsuit doesn't just preserve your claim, it can also change the insurer's posture.'
Timing is another essential factor. New York law requires lawsuits to be filed within three years of the accident, or within 90 days if a government entity is involved. Missing these deadlines can result in losing the right to seek compensation entirely. Samantha Kucher advises that legal action can be both a strategic move and a safeguard for one's legal rights, especially when faced with insurance delays or denials.
The settlement amount itself is based on several key factors. According to the article, damages are categorized into economic (medical bills, lost income, property damage), non-economic (pain and suffering, emotional distress), and in rare cases, punitive damages. The claim's size, liability disputes, comparative negligence, insurance policy limits, and even the court venue all influence how much compensation a claimant may receive.
For example, Samantha Kucher explains that if a claimant is found partially at fault for the accident, their compensation is reduced proportionally. A person who is 20% responsible for the accident would receive 80% of the total settlement amount. She also notes that venues such as Manhattan or the Bronx tend to award higher settlements compared to other counties, making local legal insight an important consideration.
Once a settlement is reached, New York law mandates that insurance companies issue payment within 21 days. Government entities have up to 90 days. The funds are usually routed through the attorney's trust account, with disbursements made after resolving any liens or legal fees. Most claimants receive their payment within two to three weeks after finalizing the agreement.
The article from Samantha Kucher concludes by reiterating the importance of knowing how the system works. From documentation and filing deadlines to insurer tactics and negotiation strategies, each step affects the final outcome. Legal guidance can help ensure that claimants are not shortchanged during any phase of the settlement.
For those facing the aftermath of a car accident in Brooklyn, understanding each step in the settlement process is a critical part of recovery. Samantha Kucher's breakdown provides a reliable guide to navigating New York's car accident claims and reaching a fair resolution.
Kucher Law Group continues to advocate for injured individuals across New York City. With a deep understanding of the local legal landscape, Samantha Kucher offers clarity and support to those who may be overwhelmed by the settlement process.
About Kucher Law Group:
Kucher Law Group is a New York-based law firm focused on helping injury victims pursue the compensation they need after accidents. Led by attorney Samantha Kucher, the firm is committed to providing personalized legal guidance to clients across Brooklyn and the greater NYC area.
Embeds:
GMB: https://www.google.com/maps?cid=5716384493669715397
Email and website
Email: contact@rrklawgroup.com
Website: https://www.rrklawgroup.com/
Media Contact
Company Name: Kucher Law Group
Contact Person: Samantha Kucher
Email: Send Email
Phone: (929) 563-6780
Address: 463 Pulaski St #1c
City: Brooklyn
State: New York 11221
Country: United States
Website:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gerald Johnson elected to Eaton's Board of Directors
Gerald Johnson elected to Eaton's Board of Directors

Globe and Mail

time4 hours ago

  • Globe and Mail

Gerald Johnson elected to Eaton's Board of Directors

Intelligent power management company Eaton (NYSE:ETN) today announced that Gerald Johnson has been elected to the company's Board of Directors effective July 23, 2025. This press release features multimedia. View the full release here: Johnson is the retired executive vice president, Global Manufacturing and Sustainability, of General Motors, where he led the company's global manufacturing operations, labor relations and sustainable workplace practices. Over the course of his career, spanning more than 40 years at GM, he oversaw safety, quality and productivity, and held several roles of increasing responsibility, including vice president, Manufacturing and Labor Relations, North America, and vice president, Global Operational Excellence. He currently serves on the board of Caterpillar Inc. 'With his extensive experience in global manufacturing, engineering and operations, Gerald is a valuable addition to our Board,' said Paulo Ruiz, Eaton chief executive officer. 'As we continue our strategy to execute for growth at Eaton, I'm confident that Gerald's breadth of experience and proven performance in operations excellence, along with his strong customer focus, will serve our company well.' Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're helping to solve the world's most urgent power management challenges and building a more sustainable society for people today and generations to come. Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit Follow us on LinkedIn.

U.S. automakers say Trump's tariff deal with Japan puts them at a disadvantage
U.S. automakers say Trump's tariff deal with Japan puts them at a disadvantage

Globe and Mail

time4 hours ago

  • Globe and Mail

U.S. automakers say Trump's tariff deal with Japan puts them at a disadvantage

U.S. automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15 per cent, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. 'We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on Japanese autos with no U.S. content,' said Matt Blunt, president of the American Automotive Policy Council, which represents the Big 3 American automakers, General Motors Co. GM-N, Ford Motor Co. F-N and Jeep-maker Stellantis NV STLA-N. Blunt said in an interview the U.S. companies and workers 'definitely are at a disadvantage' because they face a 50-per-cent tariff on steel and aluminum and a 25-per-cent tariff on parts and finished vehicles, with some exceptions for products covered under the United States-Mexico-Canada Agreement that went into effect in 2020. The domestic automaker reaction reveals the challenge of enforcing policies across the world economy, showing that for all of Trump's promises there can be genuine tradeoffs from policy choices that risk serious blowback in politically important states such as Michigan and Wisconsin, where automaking is both a source of income and of identity. Trump portrayed the trade framework as a major win after announcing it on Tuesday, saying it would add hundreds of thousands of jobs to the U.S. economy and open the Japanese economy in ways that could close a persistent trade imbalance. The agreement includes a 15-per-cent tariff that replaces the 25-per-cent import tax the Republican president had threatened to charge starting on Aug. 1. Japan would also put together US$550-billion to invest in U.S. projects at the 'direction' of the president, the White House said. EU heading toward 15% tariff deal with Washington, diplomats say The framework with Japan will remove regulations that prevent American vehicles from being sold in that country, the White House has said, adding that it would be possible for vehicles built in Detroit to be shipped directly to Japan and ready to be sold. But Blunt said that foreign auto producers, including the U.S., Europe and South Korea, have just a 6-per-cent share in Japan, raising skepticism that simply having the open market that the Trump administration says will exist in that country will be sufficient. 'Tough nut to crack, and I'd be very surprised if we see any meaningful market penetration in Japan,' Blunt said. Asked at Wednesday's briefing about whether Trump's sectoral tariffs such as those on autos were now subject to possible change, White House press secretary Karoline Leavitt said that the issue had been going through the Commerce Department. The framework with Japan was also an indication that some nations simply saw it as preferential to have a set tariff rate rather than be whipsawed by Trump's changes on import taxes since April. But for the moment, both Japan and the United Kingdom with its quotas on auto exports might enjoy a competitive edge in the U.S. 'With this agreement in place it provides Japan with a near-term operating cost advantage compared to other foreign automakers, and even some domestic U.S. product that uses a high degree of both foreign production and parts content,' said Karl Brauer, executive analyst at iSeeCars. 'It will be interesting to see if this is the first domino to fall in a series of foreign countries that decide long-term stability is more important that short term disputes over specific tariff rates.' Autos Drive America, an organization that represents major Japanese companies Toyota, Honda and Nissan and other international automakers, said in a statement that it is 'encouraged' by the announced trade framework and noted its members have exceeded domestic automaker production for the past two years. Indonesia agrees to cut tariffs, scrap non-tariff barriers in U.S. trade deal The statement urged 'the Trump administration to swiftly reach similar agreements with other allies and partners, especially the European Union, South Korea, Canada and Mexico.' The Japanese framework could give automakers and other countries grounds for pushing for changes in the Trump administration's tariffs regime. The president has previously said that he values flexibility in negotiating import taxes. The USMCA is up for review next year. Ford, GM and Stellantis do 'have every right to be upset,' said Sam Fiorani, vice president at consultancy AutoForecast Solutions. But 'Honda, Toyota, and Nissan still import vehicles from Mexico and Canada, where the current levels of tariffs can be higher than those applied to Japanese imports. Most of the high-volume models from Japanese brands are already produced in North America.' Fiorani noted that among the few exceptions are the Toyota 4Runner, the Mazda CX-5 and the Subaru Forester, but most of the other imports fill niches that are too small to warrant production in the U.S. 'There will be negotiations between the U.S. and Canada and Mexico, and it will probably result in tariffs no higher than 15 per cent,' Fiorani added, 'but nobody seems to be in a hurry to negotiate around the last Trump administration's free trade agreement.'

Tesla Inc: Guggenheim Maintains 'Sell', $175 Target Ahead of Earnings
Tesla Inc: Guggenheim Maintains 'Sell', $175 Target Ahead of Earnings

Globe and Mail

time5 hours ago

  • Globe and Mail

Tesla Inc: Guggenheim Maintains 'Sell', $175 Target Ahead of Earnings

Tesla Inc. (TSLA) (About (STA Research): Is a Canadian investment research company specializing in advanced stock research and analysis. Our research team comprises of Financial Professionals). Analyst Update Guggenheim Securities has reiterated its 'Sell' rating on Tesla, Inc. and maintained a 12-month price target of $175.00 ahead of the company's upcoming earnings release. The bearish stance reflects concerns over margin pressure, demand uncertainty, and intensifying global EV competition, particularly from Chinese automakers. Guggenheim analysts have previously flagged issues related to Tesla's price cuts across key markets like the U.S., China, and Europe, which may weigh on profitability in the near term. Additionally, investors remains skeptical about Tesla's AI and Full Self-Driving (FSD) monetization timeline and sees limited upside in the core auto business without significant breakthroughs. Maintaining the 'Sell' rating before earnings also signals that Guggenheim anticipates underwhelming quarterly performance or cautious forward guidance from Tesla's management, especially in light of macroeconomic headwinds, slowing global EV sales, and the lack of major new vehicle launches in the current pipeline. Consensus Outlook Tesla currently holds a 'Hold' consensus rating from Wall Street analysts, reflecting a balanced but cautious sentiment. While some analysts remain bullish on Tesla's long-term technological and operational potential, others cite concerns around near-term valuation, profit margins, and competitive pressures. This mixed view is further evidenced by the average 12-month price target of approximately $300, which is below the current trading price—a signal that, in the eyes of analysts, Tesla may be overvalued at current levels.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store