Write About Everything

What You Get From an Auto Accident Settlement

The amount you receive from a settlement for a car accident will depend on the severity of your injuries. Injuries that are more severe will result in larger current and future medical expenses.

Documenting the losses will aid in maximizing your settlement. Lawyers can help you create an inventory of damages including doctor’s notes wage records, as well as eyewitness testimonies.

Medical bills

Medical expenses are usually the first thing people think about when they are injured in a car crash. Fortunately, the law generally covers these costs in personal injury cases. It can take months or even years until the at-fault driver is deemed to be liable in the court or settlement agreement however. In the meantime, victims accumulate medical bills that need to be paid.

Car accident injuries usually require extensive medical attention, including surgery and physical therapy. Medical bills can be high. It is vital that the victims know that they don’t have to pay their own medical expenses following an accident. Instead the at-fault driver is responsible for these as part of their settlement.

In certain cases, the party at fault can pay directly for medical expenses of the victim. In certain cases the victim’s health insurance coverage or med-pay may pay these expenses as they become. The cost of these bills could be covered by rolling claims, based on the insurance coverage of the victim and specific circumstances.

In some instances, the hospital or health insurance provider might put a lien on a portion of the victim’s final settlement. An experienced lawyer can negotiate these liens to bring more money into the pockets of the victim.

Lost wages

A car accident can create destruction to your finances. You could also be required to pay the cost of lost wages due to your injuries, as well as the cost of medical bills and property damage. New York law requires that your car insurance policy compensate you for the loss of income, up to a limit. Your attorney will help you get the full amount that you deserve for your missed income.

Paystubs and other documents for wages are the most common way to prove that you lost money. If you were self-employed, or worked on commission, other relevant documents include profit and loss statements, receipts, invoices, bank statements, and finance-related correspondence. The correspondence from your employer that confirms the number of hours/days you were absent from work because of your injuries is also extremely important.

If you suffer from a permanent injury that restricts your ability to work or stops you from working at all, your lawyer may consult an expert financial or economic expert to determine the future value of your earning potential. In this case the expert will look at your age, education level and qualifications, as well as your career path, and job tasks you are no longer capable of performing.

Our Syracuse car accident lawyers frequently represent clients who have been severely injured in accidents, and are disabled from working. They are not limited to no-fault lost wages, but could also obtain additional compensation from the at-fault motorist’s or car owner’s insurance.

Pain and suffering

Car accident victims deserve compensation for the emotional pain and pain they feel following an accident. Insurance companies tend to overlook emotional pain and suffering because they cannot be documented by photos or x-rays. This is why it is crucial to have a competent personal injury attorney to represent you when dealing with the at-fault driver’s insurer.


Your Queens injury lawyer can assist you in gathering all types of evidence to prove your claim for damages. Medical bills and official diagnoses, for example, can be used to establish the severity of a victim’s injuries. A diary or journal that starts on the date of the accident and continues through recovery can also show signs of emotional distress and physical pain.

The severity of your injuries can also influence the amount you receive. For example, a spinal cord injury or a severe brain trauma may result in a greater payout than a minor concussion that healed within three weeks.

The amount you pay for your auto accident will be affected by the value of your injuries. Your lawyer will assist you determine your damages and develop an impressive case to secure the full amount of compensation you deserve. To find out more about the types of damages that could be awarded in a New York auto accident lawsuit, contact an experienced attorney.

Damages

As we mentioned above, settlement awards are intended to compensate victims of car accidents for their financial losses. The amount of compensation awarded will depend on the severity, and the extent of the injuries suffered by the victim, and also the amount of the victim has lost in the form of their absence from work or property damage.

A verdict will also include noneconomic damages, such as pain and suffering. These damages are not easily quantifiable. However, insurance companies employ a formula to determine how they will be able to pay for these types of damages. A multiplier, usually calculated based on medical costs, is added to the quantifiable costs to calculate a settlement amount for non-economic damages. Serious injuries and permanent impairments typically result in higher awards than minor or temporary injuries.

An accident in the car is an incredibly stressful experience that can alter your life forever. While settlements won’t completely erase these losses, it should offer a financial aid that can help a victim overcome their financial burdens and restore some normality to their lives.

A seasoned lawyer for car accidents can assess your case and negotiate the highest possible settlement. Although it might be tempting to settle for less than what you deserve, it could jeopardize your future recovery. auto accident lawyer tacoma waive your right to sue or file further claims for the accident once you sign the settlement agreement.