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What You Get From an Auto Accident Settlement

The amount you will receive from a car accident settlement depends on the degree of your injuries. More severe injuries can result in higher future and current medical costs.

Documenting these losses will help maximize your settlement. Your lawyer will be able to compile an inventory of all relevant damages, which includes doctor’s notes, wage documents and eyewitness testimony.

Medical bills

Medical bills are often the first thing people think about when they are injured in a car crash. In most personal injury cases, the law covers these costs. However, it may take months or even years before the driver at fault is held responsible by an order of the court or a settlement agreement. In the meantime, victims accrue medical bills that need to be paid.

Car accident injuries often require extensive medical attention which includes surgery and physical therapy. The associated medical costs can be quite high. It is important for victims to know that they should not have to bear the cost of their own medical bills following an accident, and that the at-fault driver should be responsible to pay them as part of their settlement.

In some instances the at-fault party will pay the victim’s medical expenses directly. In other situations the victim’s health insurance, or med-pay coverage will cover these expenses when they become. These expenses can be covered by rolling claims, based on the victim’s insurance coverage and specific circumstances.

In some cases the hospital or health insurance provider may make a lien against a portion of a settlement of a victim. Fortunately, a qualified attorney will help to negotiate these liens to get more money into the victim’s pocket.

Loss of wages

A car accident could cause a major impact on your finances. You may also need to pay lost earnings due to your injuries, as well as the cost of medical bills and property damage. New York law requires car insurance policies to compensate you for lost income within a certain limit. Your lawyer will work to obtain the maximum amount you deserve for your missed earnings.

The most commonly used method to prove lost earnings is to submit your pay checks or other documents related to wages. Other documents to consider are bank statements, invoices, and correspondence when you were self-employed. Correspondence from your employer corroborating the number of days/hours that you missed work because of the injuries you sustained is also important.

If you suffer from a permanent injury which reduces or prevents your earning capacity your salary, your lawyer will consult an economist or financial professional to determine your future earning potential. In this type of case the expert will look at your age, education level, training, credentials, career trajectory, and job duties that you can no longer perform.

Our Syracuse car accident lawyers typically represent clients who have been severely injured in accidents, and are not able to work. Not only are they entitled to compensation for lost wages due to accidents that weren’t their negligence, but they could also be eligible for additional compensation through the insurance of the car owner or driver who was responsible.

Suffering and pain

After a car accident, victims of accidents should be compensated for their emotional stress and pain. Insurance companies often ignore emotional pain and suffering because they are not able to be documented through photographs or x-rays. This is why it is crucial to have a qualified personal injury lawyer to represent you when dealing with the at-fault driver’s insurer.


Your Queens injury lawyer can help you gather evidence of all kinds to prove your claim for damages. Medical bills and formal diagnoses, for instance, can be used to demonstrate the severity of victim’s injuries. A journal or diary that starts on the date of the accident and continues throughout recovery can also capture the signs of emotional distress as well as physical discomfort.

The severity of your injuries can affect the amount of your settlement. For instance, a serious spinal cord injury or severe brain trauma may result in a larger amount than a minor head injury that healed within three weeks.

auto accident lawsuit fullerton for an auto accident will be impacted by the amount of your injuries. Your lawyer will assist you determine your damages and develop an impressive case to secure the full amount of compensation you deserve. To learn more about the types of damages that may be awarded in a New York auto accident lawsuit, contact an experienced attorney.

Damages

As we’ve mentioned above, settlement awards aim to compensate victims of car accidents for financial losses. The amount awarded will depend on the severity of a person’s injuries and the amount they’ve lost because of injuries to their property and work.

A verdict can also include noneconomic damages such as suffering and pain. Insurance companies use a formula for calculating the amount to pay. These damages are difficult to quantify however they can be calculated. To determine the amount of settlement for non-economic damages the multiplier is usually based on medical costs. Severe injuries and permanent impairments generally result in larger award amounts than minor or temporary injuries.

A car accident can be a traumatic experience, and the losses associated with it can be life-changing. The amount of a settlement won’t erase these losses but it can aid victims in overcoming their financial challenges and get back to normal.

An experienced car accident lawyer will be able to evaluate your situation and fight for the highest settlement possible. Although it might be appealing to settle for less than what you are entitled to, this could hinder your future recovery. After you sign a settlement agreement, you are reneging on the right to file any additional claims or pursue court action to recover any additional damages related to the accident.