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What You Get From an Auto Accident Settlement

The amount you are awarded for a car accident settlement depends on the extent of your injuries. More severe injuries result in higher future and current medical bills.

Documenting the losses will aid in maximizing your settlement. auto accident lawsuit minnesota can create a list of all relevant damages that include doctors’ notes, wage records, and eyewitness testimony.

Medical bills

When people get hurt in an accident in the car medical bills are often on their minds. Fortunately, the law generally covers these expenses in personal injury cases. However, it could take months or even years before the driver at fault is held accountable through a court decision or settlement agreement. In the meantime, victims accrue medical bills that need to be paid.

Injuries from car accidents typically require major medical procedures like surgery and physical therapy. The resulting medical expenses are often quite expensive. It is important for victims to understand that they shouldn’t have to bear the cost of their own medical expenses following an accident, and the driver who caused the crash should be responsible for settling them as part of the settlement they received for their accident.

In some instances the at-fault party can pay for the victim’s medical bills directly. In other cases the victim’s health insurance or med-pay coverage will pay these costs as they accumulate. These costs can be covered by rolling claims depending on the coverage of the victim’s insurance and situation.

In certain situations the hospital or health insurance company could create a lien against a portion of a settlement for a victim. A qualified attorney can help negotiate these liens so that they can put more money in the victim’s pockets.

Lost wages

A car accident could cause havoc to your financial situation. You may also need to pay for lost wages due to your injuries, along with the cost of medical bills and property damage. New York law requires car insurance policies to reimburse you for your loss of income up to a certain limit. Your attorney will work to get the full amount you are entitled to in lieu of your lost income.


Paystubs or other forms of documentation for wages are the most frequently used method to prove that you lost money. If you were self-employed or on commission, other relevant documents include profit and loss statements, invoices, receipts, bank statements, and financial correspondence. It is also important to have letters from your employer that confirms the number of days or hours you missed because of your injury.

If you have an injury that is permanent and reduces or stops your earning potential the money you deserve, your lawyer will talk to an economist or financial professional to determine your future earning potential. In this case, the expert will review your education, age, credentials, training along with your career tracker and job duties that you can no longer fulfill.

At Michaels Bersani Kalabanka, our Syracuse car accident lawyers frequently deal with clients who are injured in accidents and no longer work. They are not only entitled to lost wages without fault, but may be able to receive additional compensation from the at-fault driver/car owner’s insurance.

Suffering and pain

Car accident victims are entitled to compensation for the emotional trauma and pain they suffer after an accident. However, since emotional distress as well as physical pain cannot be recorded in photographs or documented using x-rays, insurance companies often discredit these losses. This is why it’s so important to have a professional personal injury attorney in your corner when dealing with the insurance company of the driver who is at fault.

Your Queens injury lawyer can assist you with gathering all types of evidence to support your claim for damages. For instance, the victim’s medical bills or written formal diagnoses can establish the severity of their injuries. A journal or diary that begins at the time of the accident and lasts throughout recovery can also document signs of emotional distress and physical pain.

The extent of your injuries could determine the amount of your settlement. A spinal cord injury or a serious head trauma, like could result in a higher settlement than a minor sprain which heals in 3 weeks.

The settlement you receive from your auto accident will be impacted by the value of your injuries. Your lawyer will assist you in calculating your damages and building an effective case to get the full amount of compensation that you deserve. Contact an experienced attorney today to learn more about the various types of damages awarded in the case of a New York car accident lawsuit.

Damages

As we have discussed above, settlement awards aim to pay victims of car accidents for their financial losses. The amount of compensation awarded will depend on the severity and severity of the injuries suffered by the victim, in addition to the amount of loss they have suffered because of their absence from work or property damage.

In addition, the award can also include non-economic damages such as suffering and pain. Insurance companies use a formula for calculating the amount they have to pay. These damages are hard to quantify but they are able to be determined. To determine the settlement amount for noneconomic damages the multiplier is usually dependent on medical expenses. Injuries that are severe and permanent generally result in higher settlement amounts than injuries that are minor or temporary.

An accident in the car is an experience that is traumatic and can change your life. The amount of a settlement won’t completely erase the losses but it can aid victims in overcoming their financial burdens and return to normal.

An experienced car accident lawyer will know how to assess your situation and fight for the highest settlement possible. While it may be appealing to settle for less than what you deserve, it could jeopardize your future recovery. If you sign an agreement to settle, you are giving up the option to file additional claims or seek justice for any additional losses related to the accident.