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How Much Is Your Auto Accident Compensation Worth?

Damages resulting from car accidents are designed to compensate the victims of the crash. Some of the damages include damages to property, medical bills and the pain and suffering.

In New York, you have up to three years to pursue legal action following a crash, however not acting quickly can hurt your case. In time, evidence may be lost or destroyed witnesses may not remember important details.

Damages

In the event of a car accident victims may be awarded compensation for the economic loss they suffered, such as medical bills and lost wages. They may also be awarded compensation for non-economic losses, such as suffering and pain. The amount you receive will depend on how serious your injuries are and the impact they have on your life.

A skilled auto accident lawyer can assist you in determining the value of your injuries and damages to property, and negotiate an equitable settlement with the insurance company. Insurance companies are in business to make money. They will do all they can to settle your claim for as little as possible. So, you need an attorney who understands how to get the highest amount of money that you deserve.

In addition to the cost of repairing your vehicle, you may also be eligible to claim compensation for any personal items that were damaged during the collision. Clothing, shoes, and jewelry are all covered. You can also get compensation for the costs of housekeeping, gardening or childcare if are unable to do these tasks by yourself due your injuries.

Your deductible is also part of the equation in determining how the value of your claim is. You will need to pay your deductible before the insurance company starts to cover your losses. You can then sue the driver who was at fault to recover any remaining damages.

Medical bills

Medical bills that result from a car crash can quickly mount up. The average cost of an ambulance ride, hospital stay and inpatient therapy could be tens of thousands of dollars or more. Furthermore, the cost of physical therapy, prescription drugs and other treatments can increase as the victim is able to recover.

If an individual driver is found to be at the fault of a lawsuit, they are liable for the victim’s damages, which includes medical expenses. The law doesn’t require that the at-fault driver pay for the medical expenses of their victim on regular basis.

If auto accident law firm bolingbrook do not reside in a state that is no-fault, the first step to take to claim medical bill compensation is to submit an application to your auto insurance company for PIP (personal injury protection) coverage. The insurance coverage can cover all or the majority of your medical expenses depending on the policy limits.

You should also make an claim against the liability coverage of the driver who is at the fault, and your own uninsured motorist insurance policy. These insurance policies may reimburse the medical expenses you incur however they are usually accompanied with deductibles and other conditions which you must follow. A skilled lawyer can assist you get your medical bills paid. This will enable you to save money on medical bills, and instead concentrate on your recovery.

Lost wages

Car accident injuries can prevent you from going to work. This could leave you with no income and unable to pay your bills. You could be required to borrow money from family or friends. A settlement could 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 your car accident injury. This can include hourly earnings and salary, but can also include other financial advantages such as bonuses and raises. An attorney can help determine the exact amount of your loss of earnings.


You can either make a claim through a no-fault insurer or claim the person at fault for lost wages. The claim typically includes the cost of your medical bills, proof of your absence from work due to your injuries, and the evidence of your loss in earnings capacity. This is often described as demand package.

You will be required to submit a letter from your employer which confirms the specifics of your employment including the days you were absent because of your injury, as well as the hours you usually work. You’ll also need to submit your pay slips and tax documents. An attorney can help gather these documents and prepare an appealing demand package to present to the insurance company or a judge in your case.

Pain and suffering

While some costs associated with crashes can be figured to the penny–such as emergency services, medical bills, surgery costs, medications, and lost wages–others cannot. The unquantifiable damages are referred to as pain and suffering and are an important aspect of an injury claim.

Both the emotional and physical effects of an accident are associated with pain and suffering. The injuries of a victim can have a lasting effect on their life, leading to permanent disabilities or even death. A person who suffers a severe head injury, for instance, may never be capable of working or functioning normally. These kinds of injuries are often worth a large settlement.

In most cases, the amount of pain and suffering an injured victim suffers is determined by the severity of the injury and the impact it has had on their life. An experienced attorney will research the specific details of your case and decide an appropriate settlement amount. They will use previous settlement amounts for similar injuries as a guide to provide you with an idea of what your case is worth.

In reality, insurance companies frequently try to deflect victims who claim suffering and suffering by asserting that their physical or emotional injuries are not serious enough. An experienced lawyer can defend against these tactics and negotiate on behalf of you with the insurance company to ensure you get an honest settlement.