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What You Get From an Auto Accident Settlement

The amount you are awarded for an auto accident settlement is contingent on the extent of your injuries. More severe injuries can result in larger current and future medical expenses.

Documenting your losses will maximize your settlement. Your lawyer can make a list of damages including medical notes, wage records, and eyewitness testimony.

Medical bills

Medical expenses are usually the first thing that people think about when injured in a car accident. Fortunately, the law typically covers these costs in personal injury cases. However, it may take months or even years before the driver at fault is held responsible by a court ruling or settlement agreement. In the meantime, victims incur medical bills that have to be paid.

Car accident injuries typically require major medical procedures like surgery or physical therapy. The medical bills that result can be quite high. It is vital that the victims realize that they shouldn’t be required to pay their own medical bills following the crash. Instead the at-fault driver is responsible for these as part their accident settlement.

In certain cases, the party at fault will pay directly for medical expenses of the victim. In other cases, the victim’s health insurance or medpay coverage will cover these expenses when they become. The cost of these bills could be covered by rolling claims based on the coverage of the victim’s insurance and specific circumstances.

In some cases, a hospital or health insurance company may create a lien against the settlement of a victim. An experienced lawyer can negotiate these liens in order to put more money into the pockets of the victim.

Loss of wages

A car accident could cause a major impact on your finances. In addition to your medical bills and property damage you could have to cover the cost of lost wages because of your injuries. New York law requires that your insurance policy for cars reimburse you for income loss up to a specific amount. Your lawyer will fight to recover the entire amount of your missed earnings.

Paystubs or other forms of documentation for wages are the most popular way to prove income loss. If you were self-employed, or worked on commission, the other relevant documents include profit-and-loss statements, invoices, receipts, bank statements, and financial correspondence. It is also essential to have letters from your employer that substantiates the number of hours/days you missed due to your injury.

If you sustain a permanent injury that limits your capacity to work or prohibits you from working The lawyer can refer you to an expert economist or financial expert to determine the value of your earning potential. In this case, the expert will examine your age, education level and qualifications, training, career path, and tasks that you are no more capable of performing.

At Michaels Bersani Kalabanka, our Syracuse car accident lawyers often see clients who are severely injured in accidents and are no longer work. Not only are they entitled to compensation for lost wages due to accidents that weren’t their fault, but they may also be eligible for additional compensation through the insurance of the car owner or driver who was responsible.

Suffering and pain

Car accident victims are entitled to compensation for the emotional pain and pain they endure after an accident. Insurance companies tend to ignore emotional pain and distress because they are not able to be documented through photographs or x-rays. It is essential to have a seasoned personal injury lawyer to represent you when dealing with the insurer of the driver responsible for the accident.

Your Queens injury lawyer can assist you gather evidence to back your claim. Medical bills and official diagnoses, for instance, can be used to demonstrate the severity of a victim’s injuries. A diary or journal, which begins at the time of the accident and continues throughout the recovery process, may record emotional distress and physical discomfort.

The severity of your injuries will affect the settlement you receive. A spinal cord injury, or a severe head trauma, for instance can result in a larger amount than a minor sprain that heals in three weeks.

The value of your injuries is an important element that will impact the settlement you receive for your auto accident. Your lawyer will assist you in calculating your damages and building an argument that is strong enough for you to get the full amount of compensation that you deserve. To find out more about the types of damages that could be awarded in the course of a New York auto accident lawsuit contact an experienced lawyer.

Damages

As we have discussed previously Settlement awards are designed to compensate victims of car accidents for their financial losses. The amount of compensation will depend on the severity, and the extent of the victim’s injuries, as well as the amount of loss they have suffered because of their absence from work or property damage.

In addition, an award may also cover non-economic damages, such as pain and suffering. These damages aren’t quantifiable, however, insurance companies use a formula to determine they will be able to cover these types of damages. A multiplier, which is usually based on medical expenses, is added to the quantifiable expenses to determine a settlement amount for non-economic damages. Major injuries and permanent impairments are generally compensated with greater amounts than minor or temporary injuries.

auto accident lawyer maine is a devastating event, and the losses associated with it could be life-altering. The amount of a settlement won’t erase these losses but it can assist victims to overcome their financial burdens and return to normalcy.


A lawyer who has experience is able to assess your case and advocate for a settlement that is as high as possible. Although it might be tempting to settle for less than what you deserve, this could impede your future recovery. You forfeit your right to sue or file further claims for the accident when you sign the settlement agreement.