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What You Get From an Auto Accident Settlement

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

Documenting these losses can aid in maximizing your settlement. Lawyers can help you create a list of damages including doctors’ notes, wage records, as well as eyewitness testimony.

Medical bills

Medical expenses are usually the first thing people think about when they get injured in a car crash. Fortunately, the law usually covers these costs in personal injury cases. However, it may take months or even years before the motorist at fault is found to be responsible through a court ruling or settlement agreement. In the meantime, victims accrue medical bills that must be paid.

Injuries from car accidents typically require extensive medical attention which includes surgery and physical therapy. The associated medical costs can be quite high. It is crucial for victims to understand that they should not have to bear the financial burden of paying their own medical expenses following the crash, and the driver at fault is responsible to pay them as part of their settlement for the accident.

In certain cases, the party at fault may be responsible directly for the victim’s medical expenses. In some instances, the victim’s health insurance coverage or med-pay may pay for these costs as they become. These expenses can be covered by rolling claims, based on the insurance coverage of the victim and the situation.

In certain instances the hospital or health insurance provider will make a lien on a portion of the victim’s eventual settlement. Fortunately, an experienced lawyer will help to negotiate these liens in order to increase the amount of money in the pockets of the victim.

Lost wages

A car accident can wreak destruction to your finances. You may also need to pay the cost of lost wages due to your injuries in addition to medical bills and property damage. New York law requires that your insurance policy for cars reimburse you for lost income up to a limit. Your lawyer will fight to secure the entire amount of your lost wages.

Paystubs, as well as other wage documents are the most popular way to prove that you lost money. Other relevant documents are invoices, bank statements and correspondence for self-employed workers. A letter from your employer confirming the number of days/hours that you missed work because of your injuries is equally important.

If you are suffering from an injury that will permanently limit or prevents your earning potential the income you desire, your lawyer will seek out an economist or financial professional to determine your future earning potential. In this type of case the expert will examine your education, age, training, credentials and career progression, as well as the job duties you are unable to not perform anymore.

At auto accident attorneys gainesville , our Syracuse car accident lawyers often see clients who are severely injured in accidents and not work. Not only are they entitled to compensation for lost wages due to accidents that weren’t their responsibility, but they may also be eligible for additional compensation through the insurance of the car owner or driver who was at fault.

Suffering and pain

After a car accident, accident victims should be compensated for their emotional distress and pain. Insurance companies often discount emotional pain and suffering because they cannot be documented by photographs or x-rays. It is essential to have a seasoned personal injury lawyer on your side when dealing with the insurer of the driver who caused the accident.


Your Queens injury lawyer can assist you gather evidence that supports your claim. For example, a victim’s medical bills or written formal diagnoses can establish the severity of their injuries. A diary or journal, which starts at the time of an accident and continues throughout the healing process, can record emotional distress and physical discomfort.

The degree of your injury will affect the settlement you receive. For example, a spinal cord injury or severe brain trauma may result in a greater payout than a minor concussion that was cured in three weeks.

Your settlement for an auto accident will be impacted by the value of your injuries. Your lawyer will assist in making a calculation of your damages, and then build a strong case for you to receive the full compensation that you deserve. Contact an experienced lawyer today to find out more about the various kinds of damages that can be awarded in the event of a New York car accident lawsuit.

Damages

As we have discussed previously the purpose of settlement awards is to compensate car accident victims for their financial losses. The amount awarded will depend on the severity of a person’s injuries and the amount they’ve lost because of lost work or property damage.

Additionally, an award will also include other damages that are not economic, like pain and suffering. These damages aren’t easily quantifiable. However, insurance companies employ an equation to determine how much they should cover these types of damages. A multiplier, usually dependent on medical expenses is added to the quantifiable costs to determine a settlement amount for non-economic damages. Major injuries and permanent impairments are generally rewarded with higher amounts than minor injuries or injuries that are temporary.

A car crash can be a devastation and the repercussions with it can be life-altering. The amount of settlement won’t erase these losses but it can assist victims to overcome their financial difficulties and return to normalcy.

A car accident lawyer with experience will know how to evaluate your case and negotiate the best settlement high as possible. While it may seem appealing to settle for less than you deserve, it could jeopardize your future recovery. When you sign an agreement to settle, you are reneging on the right to file additional claims or pursue court action for any further losses related to the accident.