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What You Get From an Auto Accident Settlement

The amount you get for a settlement from a car accident is contingent on the degree of your injuries. Injuries that are more severe will result in larger current and future medical costs.

Documenting your losses will increase your settlement. Your lawyer can compile a list of all relevant damages that includes doctors’ notes, wage documentation, and eyewitness testimony.

Medical bills

When people are injured in a car accident, medical bills are usually on their minds. In most personal injury cases, the law will cover these expenses. However, it could take months or even years before the motorist at fault is held accountable through a court decision or settlement agreement. In the meantime, victims accrue medical bills that need to be paid.


Car accident injuries typically require extensive medical attention including surgery and physical therapy. Medical bills can be very expensive. It is crucial for victims to realize that they should not be required to bear the financial burden of paying the medical bills themselves after the crash, and the driver at fault should be accountable for paying them as part of their accident settlement.

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

In certain cases the hospital or health insurance provider might put a lien on a portion of the victim’s eventual settlement. A qualified attorney can help negotiate these liens so that they can put more money in the pockets of the victim.

Loss of wages

A car crash can cause havoc to your financial situation. It is also possible to pay for lost wages due to injuries, along with medical bills and property damages. New York law requires car insurance policies to pay for the loss of income, up to a certain limit. Your lawyer will work with you to receive the full amount you are entitled to for the lost earnings.

Paystubs or other forms of documentation for wages are the most popular way to prove income loss. Other documents to consider are invoices, bank statements and correspondence if you were self-employed. It is also necessary to have correspondence from your employer that confirms the number of days or hours you missed due to your injury.

If you have an injury that permanently limits or stops your ability to earn the money you deserve, your lawyer will talk to an economist or financial advisor to determine your earning potential. In this instance the expert will evaluate your age, education level and education, credentials, career path, and duties you are no longer able to perform.

At Michaels Bersani Kalabanka, our Syracuse car accident lawyers often see clients who are severely injured in accidents and can not work. Not only do they have the right to compensation for lost wages due to accidents that were not their at fault, but they could also be eligible for additional compensation through the insurance of the driver or car owner who was responsible.

Suffering and pain

After a car accident, victims should be compensated for their emotional distress and pain. Insurance companies tend to ignore emotional pain and suffering because they are not documented with x-rays or photos. It is essential to have a skilled personal injury lawyer on your side in dealing with the insurer of the person who was at fault.

Your Queens injury lawyer can help you gather evidence to support your claim. For instance, a victim’s medical bills or written formal diagnoses can prove the severity of their injuries. A journal or diary that starts on the date of the accident and lasts throughout recovery can also document signs of emotional distress and physical discomfort.

The degree of your injuries will also affect the amount you receive. For instance, a spinal cord injury or severe brain trauma may result in a larger settlement than a minor concussion which healed in three weeks.

Your auto accident settlement will be affected by the value of your injuries. Your lawyer will help you calculate your damages and build an impressive case to secure the full amount you deserve. To learn more about the kinds of damages that can be awarded in a New York auto accident lawsuit contact an experienced lawyer.

Damages

As we mentioned above the purpose of settlement awards is to compensate car accident victims for the financial loss they suffered. The amount of compensation awarded will depend on the severity and extent of the injuries sustained by the victim and also the amount of money they’ve lost as a result of work absence or property damage.

A verdict could also include non-economic damages such as pain and suffering. Insurance companies use an algorithm to calculate the amount they are required to pay. These damages are hard to quantify however they can be calculated. A multiplier, often determined by medical expenses, is added to the quantifiable expenses to calculate a settlement amount for non-economic damages. Permanent impairments and severe injuries generally result in larger award amounts than injuries that are minor or temporary.

auto accident attorneys denver is a devastating event, and the losses associated to it can be devastating. The amount of a settlement won’t erase these losses but it can assist victims to overcome their financial burdens and return to normal.

A seasoned lawyer for car accidents will know how to assess your situation and fight for the best settlement possible. While it may seem appealing to accept a lower amount than you are entitled to, this could hinder your future recovery. After you sign a settlement agreement, you give up the right to file any additional claims or seek justice for any further losses related to the accident.