While some cases will go to court and require an actual trial before a judge (bench trial) or even a jury, the clear majority of Boston car accidents will settle prior to going to trial. The reason for this is because, whenever there is a car accident, we are virtually always dealing with an insurance company.
Car insurance companies make a lot of money in what is essentially a gamble. They are taking money from the insured and betting there will not be an accident, or at least if there is, it will cost less to pay for that accident than the amount they receive in premium payments. However, the insurance company really can’t lose this bet, because they have more than one insured motorist. They have so many clients that the risk is spread over a pool of drivers. This means that, as long as they do not pay out more in claims for all of the their insured than they collect in premiums, they will make money. Continue reading