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How Much Is Your Auto Accident Compensation Worth?

Damages caused by car accidents are aimed to compensate victims for their losses. Some of the damages include damages to property, medical bills and suffering and pain.

In New York, you have up to three years to take legal action following an accident, but waiting too long can harm your case. Over time, evidence may be lost or destroyed, witnesses may not remember important details.

Damages

In the case of a car accident victims may be compensated for economic losses such as medical bills or lost wages. They can also receive compensation for non-economic damages, like suffering and pain. The amount of compensation you will receive is contingent on how serious your injuries are and the impact they’ll have on your life.

A skilled lawyer for auto accidents will help you determine the value of your injuries and damages to property, and negotiate an appropriate settlement with the insurance company. However, remember that insurance companies exist to make a profit. They will do everything they can to pay your claim as inexpensively as possible. So, you need a lawyer who knows how to fight for the maximum amount you deserve.

In addition to the costs of repairing your vehicle you may also be eligible to claim compensation for personal belongings that were damaged during the collision. These include your shoes, clothing, and jewelry. You may also receive compensation for the costs of housekeeping, gardening or childcare, if are unable to do these tasks due to injuries.

When determining the value of your claim, your deductible is also considered. You must pay your deductible first before the insurance company starts to pay for damages. You can then bring a lawsuit against the driver who is at fault in order to recover any remaining amount of your losses.

Medical bills

The medical bills that arise of a car accident could quickly accumulate. The cost of an ambulance ride, hospital stay or inpatient treatment can amount to hundreds of thousands of dollars or more. The cost of prescription drugs physical therapy, prescription drugs, and other therapies can rise when the accident victim heals.

The driver at fault is responsible for the cost of a victim’s loss as well as medical expenses when they are found to be liable in a lawsuit. However, the law does not typically require the at-fault party to pay their medical bills of their victim on an ongoing basis.

If you do not reside in a no-fault state the first step for medical bill compensation is to submit an application to your insurance company for auto coverage for PIP (personal injury protection) coverage. This coverage may cover all or the majority of your medical expenses, dependent on the policy limits.

You should also make an appeal against the liability coverage of the driver who is at fault, and also your own uninsured driver policy. These insurance policies can reimburse the medical expenses you incur however, they usually come with deductibles and other terms that you must adhere to. auto accident law firm edinburg can assist you navigate the process of getting your medical bills paid. This will allow you to save money on medical expenses and instead focus on recovering.

Lost wages

Injuries from car accidents can keep you out of work. It is possible that you will not be able pay your bills and may lose income due to. You may need to borrow money from friends or family. A settlement can take months. During this time, you’ll have to pay your bills yourself and wait for the settlement.


A claim for lost wages could help you recover the money you would have earned if not for the car accident injury. This can include hourly wages and salary, but it could also include other financial advantages like bonuses and raises. Your attorney can calculate the actual amount of lost earnings.

You can either file a claim with a no-fault insurer or sue the party at fault for the loss of wages. The claim usually includes the cost of your medical bills, proof of your absence from work due to your injuries, and evidence of your loss of earnings capacity. It is commonly described as demand packages.

You will be required to submit a letter from your employer that confirms the details of your job including the days you were absent because of your injury and the hours you normally work. You’ll need to provide your paystubs and tax documents and other relevant documents. Your attorney can assist in gathering these documents and preparing a compelling demand to present to the insurance company or judge in your case.

Pain and suffering

Some expenses associated with an accident can be calculated down to the penny, for example, emergency services, medical costs, surgery, medications lost wages, etc. But others aren’t. These damages that are not quantifiable are known as pain and suffering and play an important aspect of a victim’s compensation claim.

The emotional and physical consequences of an accident are associated with suffering and pain. A victim’s injuries could be long-lasting and impact their lives, resulting in permanent disability or even death. Someone who has suffered a debilitating head injury, for instance could never be able to work or function normally. These kinds of injuries typically need a substantial settlement.

In the majority of instances, the amount of suffering and pain a victim receives depends on the extent of their injuries and how it has affected their lives. An experienced lawyer will look into the specifics of your case to determine the appropriate settlement. They will use previous settlement amounts for similar injuries as a guide to give you an idea of what your case may be worth in terms of pain and suffering.

Insurance companies often attempt to deny victims’ claims of suffering and pain by claiming that their emotional or physical injuries are not serious enough. A knowledgeable lawyer will rebuff these tactics and negotiate with the insurer on your behalf to ensure you get an equitable settlement.