Write About Everything

What You Get From an Auto Accident Settlement

The amount you are awarded for an auto accident settlement is contingent on the degree of your injuries. Medical bills are more expensive for more severe injuries.

Documenting your losses can help maximize your settlement. Your lawyer will be able to compile the complete list of damages, including doctors’ notes, wage documents and eyewitness testimony.

Medical bills

Medical expenses are usually the first thing people consider when they are injured in a car accident. In the majority of personal injury cases, the law covers these costs. However, it could take months or even years before the responsible driver is found to be responsible through a court decision or settlement agreement. In the meantime, victims accrue medical bills that need to be paid.

Car accident injuries typically require major medical procedures like surgery and physical therapy. The medical bills that result are often quite expensive. It is important for victims to understand that they shouldn’t be forced to shoulder the cost of the medical bills themselves after an accident, and that the driver who caused the crash should be accountable to pay them as part of their accident settlement.

In some instances the at-fault party can cover the medical bills of the victim directly. In certain instances the victim’s health insurance coverage or med-pay may cover these expenses when they accumulate. Based on the individual’s situation and the type of insurance coverage, these bills can be covered under rolling claims.

In some instances hospitals or health insurance provider may place a lien on a portion of the victim’s eventual settlement. An experienced attorney can negotiate these liens to bring more money in the pockets of the victim.

Lost wages


A car accident can wreak financial havoc. In addition to your medical expenses and property damage, you could have to pay for lost wages as a result of your injuries. New York law requires that your insurance policy for cars reimburse you for lost income up to a maximum. Your attorney will help you receive the full amount you are entitled to for your lost income.

The most commonly used method to prove the loss of earnings is to provide paychecks or other wage documents. If you were self-employed or worked on commission, other relevant documents include profit-and-loss statements receipts, invoices and bank statements, and financial correspondence. Correspondence from your employer which confirms the number of working days you were absent from work because of the injuries you sustained is also important.

If you suffer from a permanent injury which reduces or stops your earning capacity the income you desire, your lawyer will seek out an economist or financial expert to determine your earning potential. In this type of case the expert will examine your education, age, training, credentials, career trajectory, and tasks that you can no longer fulfill.

Our Syracuse car accident lawyers typically represent clients who have been severely injured in accidents and are unable to work. Not only are they entitled to compensation for lost wages resulting from accidents that weren’t their fault, but they may also be eligible to receive additional compensation from the insurance of the driver or owner of the vehicle who was responsible.

Suffering and pain

Following a collision, car accident victims should be paid for their emotional distress and pain. Insurance companies often discount emotional distress and pain because they are not able to be documented through photographs or x-rays. This is why it’s essential to have a reputable personal injury lawyer to represent you when dealing with the insurance company of the driver who is at fault.

Your Queens injury lawyer can assist you gather evidence to support your claim. Medical bills and official diagnoses, for instance, can be used to establish the severity of a victim’s injuries. A diary or journal that begins at the time of the accident and continues throughout recovery can also capture the signs of emotional distress as well as physical discomfort.

The severity of your injury will affect the settlement you receive. For instance, a severe spinal cord injury or a severe brain trauma could result in a bigger payout than a minor concussion that healed within three weeks.

auto accident attorney lansing of your injuries are an important element that will impact your auto accident settlement. Your lawyer will assist you in formulating your damages and constructing an argument that is strong enough for you to receive the maximum amount of compensation you are entitled to. Contact a knowledgeable lawyer today to find out more about the various types of damages that can be awarded in the course of a New York car accident lawsuit.

Damages

As we have discussed above settlement awards are designed to pay victims of car accidents for their financial losses. The amount awarded will depend on the severity of a person’s injuries and the amount they’ve lost due to the absence from work and property damage.

In addition, an award may also cover 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 but they are able to be calculated. A multiplier, usually dependent on medical expenses is added to the quantifiable expenses to determine a settlement amount for non-economic damages. Severe injuries and permanent impairments typically result in larger award amounts than minor or temporary injuries.

A car accident can be traumatizing and can change your life. While a settlement will not erase the loss, it could offer a financial aid that can help the victim to overcome their financial hardships and restore a sense of normalcy to their lives.

A seasoned lawyer for car accidents will know how to assess your case and negotiate the highest possible settlement. Although it might be tempting to settle for a lesser amount than you’re entitled to, doing so could compromise your future recovery. You forfeit your right to sue or file further claims in the event of an accident after you sign the settlement agreement.