When a friend is hit by a car, you may be entitled to $1,000 in damages.
But a car accident lawyer can offer the most affordable and effective way to recover those damages.
Car accident lawyer Jason Tisch is a frequent speaker on the subject.
“In my experience, the best way to get money from a car is to get a car rental from someone you trust and make sure they’ve done everything they can to make sure your car is safe and your family is okay,” he says.
That’s why Tisch has been practicing for the last decade, working with his clients.
Tisch, who has been a licensed auto accident lawyer for 17 years, has helped people who were injured in a car crash in the U.S. from $4,500 to $9,000.
“It’s a very important issue because people don’t know where the money is going to come from,” he explains.
“When people are injured and don’t get the money, there’s nothing they can do about it.”
He’s also helped people find other ways to recover the lost income.
“The people who are the most in need of a car are often the people who have been hurt the most,” Tisch says.
He’s one of those people.
In 2014, Tisch was the victim of a serious car accident in New Jersey.
He was taken to the hospital with severe head injuries and a fractured skull.
“I was in the hospital for six days and I was never able to work again,” Tich says.
“For six days I had no idea how my head was going to function.”
His family didn’t know how to afford a new car until they got a loan.
“We had to find a new way to make ends meet,” he recalls.
In the end, he managed to pay for his new car with his savings.
“That’s when I realized, ‘I could get a mortgage on that,'” he says, referring to a type of home loan that allows you to buy the home without having to wait for the lender to approve it.
“You can get it even if the loan is $500,000,” Tish adds.
Tich now owns a car dealership, but he’s not a newbie to auto insurance.
He began as a full-time lawyer in 2008, when he received a bachelor’s degree in public policy.
Now, he’s a licensed commercial vehicle insurance agent and he says that’s one reason why he’s been able to get the most bang for his buck.
“People have this misconception that insurance companies have this monopoly on how much they charge for car insurance,” he notes.
“They’re not charging anything that they can’t get away with.
But if you look at the actual statistics, they’re not even close.”
That’s because auto insurance is usually based on gross vehicle weight rating (GVWR), a formula that is based on a number of factors including how fast the car is traveling, the speed at which the vehicle is traveling and the number of people in the car.
The more miles traveled by a vehicle, the more likely the insurance company will cover the loss.
The average vehicle insurance claim in the United States is $7,600, according to AAA.
That figure excludes any claims that are based on injuries or property damage.
When you take those factors into account, the average claim amount for a new vehicle is $5,000, according the AAA.
If you’re injured or hurt in a crash, and the car insurance company is willing to cover the costs, Tish says, you can expect to get up to $4.5 million out of the $8,000 or more you spend on car insurance.
“If you have a really serious injury, and they can prove you’re not insured, they’ll pay the rest of your claims,” he adds.
“This is what I like to call a ‘pay-as-you-go’ system.”
When Tisch began his career as a lawyer, he was able to negotiate a $1 million car rental on the side.
“There was no reason to think I’d ever be able to pay it off,” he admits.
But then in 2010, Tich discovered a way to pay back $5 million that he’d previously made.
“Once I discovered the system, it became like I had a loan,” he remembers.
“With the credit cards I was using, I was paying for a car that was being leased to a friend of mine.
He drove it for two years and paid off his loan. “
So I went into the dealership and bought a $2 million vehicle.”
He drove it for two years and paid off his loan.
Then he bought another $1.5, and he paid off the loan again.
By now, he had a $3 million car loan that he couldn’t afford to pay off. He