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What You Get From an Auto Accident Settlement

The amount you receive from a settlement for a car accident will depend on the extent of your injuries. Medical bills are more expensive for more severe injuries.

Documenting your losses will maximize your settlement. Lawyers can help you create a list of damages including doctor’s notes, wages, and eyewitness testimony.

Medical bills

When someone is injured in a car crash medical bills are often on their minds. In the majority of personal injury cases, the law will cover these expenses. However, it could take months or even years before the at-fault motorist is found to be responsible through a court ruling or settlement agreement. In the meantime, victims accrue medical bills that need to be paid.

Car accident injuries usually require major medical procedures like surgery and physical therapy. Medical expenses can be costly. It is crucial that victims are aware that they shouldn’t have to pay their own medical bills after a crash. Instead the driver at fault should be held accountable for these costs as part their accident settlement.


In certain cases, the party at fault can pay directly for the victim’s medical expenses. In other cases, the victim’s health insurance or medpay policy will pay for these costs as they grow. Based on the individual’s situation and type of insurance coverage, these bills can also be covered under rolling claims.

In some instances hospitals or health insurance provider could make a lien against a portion of a settlement of a victim. A lawyer with experience can negotiate these liens to put more money in the pockets of the victim.

Loss of wages

A car accident can wreak financial havoc. You could also be required to pay for lost wages due to your injuries, as well as medical bills and property damage. New York law requires car insurance policies to compensate you for lost income up to a certain limit. Your lawyer will work to receive the full amount you are entitled to in lieu of your lost earnings.

The most common method to show lost earnings is to present your paychecks or other forms of wage documentation. If you were self-employed or on commissions, other relevant documents include profit and loss statements, receipts, invoices, bank statements, and other financial correspondence. The correspondence from your employer that confirms the number of days/hours that you missed from work due to the injuries you sustained is also important.

If you are suffering from an injury that will permanently limit or stops your earning potential your salary, your lawyer will consult an economist or financial expert in order to determine your future earning potential. In this kind of situation the expert will examine your age, education level, credentials, training along with your career tracker and job duties that you can no longer carry out.

At Michaels Bersani Kalabanka, our Syracuse car accident lawyers often encounter clients who have been severely injured in accidents and not work. They are not just entitled to no-fault lost wages but could also obtain additional compensation from at-fault motorist’s or car owner’s insurance.

Pain and suffering

After a car accident, victims should be compensated for their emotional stress and pain. Insurance companies tend to overlook emotional pain and distress due to the fact that they are not able to be documented through x-rays or photos. This is why it’s vital to have a professional personal injury lawyer in your corner when dealing with the at-fault driver’s insurance.

Your Queens injury lawyer can help you gather evidence to support your claim. For instance, a victim’s medical bills as well as written official diagnoses can be used to prove the severity of their injuries. A diary or a journal, which starts at the time of an accident and continues throughout the recovery process, can record physical and emotional pain and distress.

The extent of your injuries could also influence the amount of your settlement. A spinal cord injury or a severe head trauma, as an example, may result in a bigger amount than a minor sprain that heals in three weeks.

The settlement you receive from your auto accident will be impacted by the value of your injuries. Your lawyer will assist you calculate your damages and build an argument that is strong enough to win the full compensation you deserve. Contact a knowledgeable attorney today to learn more about the various kinds of damages awarded in the event of a New York car accident lawsuit.

Damages

As we mentioned above settlement awards are meant to compensate victims of car accidents for their financial losses. The amount awarded will be contingent on the severity of a victim’s injuries and how much they have lost due to injuries to their property and work.

A verdict will also include non-economic damages such as pain and suffering. These damages are not easily quantifiable, however, insurance companies use a formula to determine they will pay for these types of damages. To determine the amount to be paid for noneconomic damages the multiplier is usually determined by medical expenses. Major injuries and permanent impairments are typically compensated with greater amounts than minor injuries or temporary injuries.

auto accident attorneys stockton is a devastating event and the repercussions to it can be devastating. The amount of the settlement won’t completely erase the losses but it can help victims overcome their financial challenges and get back to normal.

A car accident lawyer with experience is able to assess your case and negotiate a settlement that is as high as is possible. Although it might be appealing to settle for less than you deserve, this could impede your future recovery. If you sign a settlement agreement, it is understood that you give up the right to file further claims or sue in court for any additional losses related to the accident.