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What You Get From an Auto Accident Settlement

The amount you receive from a car accident settlement will depend on the severity of your injuries. Medical bills are more expensive for injuries that are more severe.

Documenting these losses will help maximize your settlement. Your lawyer can create a list of damages including doctor’s notes, wage records, and eyewitness testimony.

Medical bills

When people get hurt in an accident in the car medical bills are usually on their minds. In the majority of personal injury cases, the law covers the costs. However, it could take months or even years before the responsible driver is found to be responsible through a court ruling or settlement agreement. In the meantime, victims incur medical bills that need to be paid.

Injuries from car accidents typically require major medical procedures, such as surgery and physical therapy. The resulting medical expenses are often quite expensive. It is important that victims realize that they shouldn’t be required to pay the medical bills themselves following a crash. Instead the at-fault driver is accountable for them as part their accident settlement.

In some cases the at-fault party will pay the victim’s medical bills directly. In other cases the victim’s health insurance or medpay policy will pay for these costs when they become. The cost of these bills could be covered by rolling claims depending on the insurance coverage of the victim and situation.

In certain instances the hospital or health insurance provider may put a lien on a portion of the victim’s eventual settlement. Fortunately, a qualified attorney will assist in negotiating these liens in order to ensure that more money is put in the victim’s pocket.

Loss of wages

A car accident can cause a major impact on your finances. auto accident lawyer spokane may also need to pay the cost of lost wages due to your injuries, as well as medical bills and property damage. New York law requires car insurance policies to pay for your lost income, up to a certain amount. Your lawyer will work to get the full amount you are entitled to in lieu of your lost earnings.

Paystubs or other wage documents are the most common way to prove the loss of income. If you were self-employed or worked on commission, the other relevant documents include profit-and-loss statements invoices, receipts and bank statements, and other financial correspondence. The correspondence from your employer that confirms the number of days/hours you missed work because of your injuries is equally important.

If you suffer from an injury that is permanent and reduces or prevents your ability to earn, your lawyer will consult an economist or financial professional to assess your future earning potential. In this case the expert will analyze your age, education and qualifications, as well as your career path, and job duties you are no longer in a position to perform.

At Michaels Bersani Kalabanka, our Syracuse car accident lawyers frequently deal with clients who are injured in accidents and not work. They are not only entitled to no-fault lost wages, but could also receive additional compensation from the at-fault driver/car owner’s insurance.

Pain and suffering

Car accident victims deserve compensation for the emotional distress and pain they suffer after an accident. Insurance companies tend to ignore emotional pain and suffering because they aren’t documented by x-rays or photos. It is crucial 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 assist you with gathering all types of evidence to support your claim for damages. For instance, a patient’s medical bills and formal diagnoses can establish the severity of their injuries. A journal or diary, which starts at the time of the accident and continues throughout the healing process, can document physical and emotional discomfort as well as emotional turmoil.

The severity of your injury will affect the settlement you receive. A spinal cord injury, or a severe head trauma, as an example can result in a higher amount than a minor sprain which heals in 3 weeks.

The settlement you receive from your auto accident will be affected by the amount of your injuries. Your lawyer will help you determine the value of your injuries and create an effective case to receive the full compensation you deserve. Contact a seasoned attorney today to find out more about the different types of damages awarded in the case of a New York car accident lawsuit.

Damages

As we mentioned above, settlement awards are intended to compensate victims of car accidents for their financial losses. The amount of compensation will differ based on the severity of a victim’s injuries and the amount they’ve suffered due to missed work and property damage.

A verdict will also include noneconomic damages, such as suffering and pain. These damages aren’t easily quantifiable, but insurance companies use formulas to determine how they will pay for these damages. A multiplier, typically calculated based on medical costs, is added to the quantifiable cost to determine the amount of settlement for non-economic damages. Serious injuries and permanent impairments typically result in larger award amounts than minor or temporary injuries.

A car accident can be a devastating experience, and the losses associated with it can be life-altering. While the amount of settlements won’t completely eliminate these losses, it should give a victim overcome their financial burdens and restore some normality to their lives.

A lawyer experienced in car accidents with experience is able to assess your case and negotiate a settlement that is as high as it is possible. While it could be appealing to take a lesser amount than you are entitled to, this could hinder your future recovery. You give up your rights to file a lawsuit or other claims related to the accident after you sign the settlement agreement.