How Much Is Your Auto Accident Compensation Worth?
Car accident damages are designed to compensate the victims of the collision. Some of the damages include medical bills, property damage and suffering and pain.
In New York, you have up three years to file legal action after a crash, but not acting quickly can hurt your case. Over time, evidence may be lost or destroyed, witnesses may not remember important details.
Damages
In the case of a car accident, victims can receive compensation for their economic losses such as medical bills or lost wages. They can also receive compensation for non-economic injuries, such as pain and suffering. The amount of compensation you are entitled to depends on how serious your injuries are and the impact they'll have on your life.
A knowledgeable attorney for car accidents can help you determine the value of your injuries as well as property damage, and then negotiate with the insurance company to reach a fair settlement. But, keep in mind that insurance companies are in business to earn a profit. This means they will try to settle your claim as low as they can. Therefore, you require an attorney who knows how to ensure that you receive the maximum amount of money you deserve.
In addition to the costs of repairing your vehicle you may also be eligible to claim compensation for personal belongings that were damaged by the accident. This includes your clothes, shoes and jewelry. You can also get compensation for the costs of gardening, housekeeping, or childcare if you aren't able to complete these tasks yourself due to your injuries.
In determining the amount of your claim, the deductible will also be considered. You will need to pay your deductible prior to the insurance company will begin to compensate you for your losses. auto accident law firm lake forest can then bring a lawsuit against the at-fault driver to recover any remaining amount of your damages.
Medical bills
The medical costs resulting from a car accident can quickly add up. The average cost of an ambulance ride, a hospital stay, and inpatient care can be tens of thousand dollars or more. The cost of prescription medications physical therapy, prescription medications, and other services may increase as the injured person recovers.
If the driver is found be at the fault of a lawsuit, they are responsible for paying the victim's damages including medical expenses. However the law does not generally require an at-fault driver to pay a medical bills of their victim on a regular basis.
If you are not in a state that is no-fault, the first step for medical bill compensation is to apply to your insurance company for auto coverage for PIP (personal injury protection) coverage. The insurance coverage can cover all or most of your medical expenses, subject to the policy limits.
You must also file a claim against the liability insurance of the driver at the fault, as well as your own uninsured motorist policy. These policies can reimburse you for medical costs, but they often include deductibles or other conditions. A seasoned lawyer can help you to navigate the process of getting your medical bills paid. This will save you from having to pay your own money for medical treatment and allows you to focus on your recovery.
Lost wages
Injuries from car accidents could keep you out of work. You may be unable to pay your bills and lose income as a result. You may need to borrow money from your friends or family. Settlements can take months. In the meantime, you'll have to pay for your expenses yourself and wait for the settlement.
You may be able to recover lost wages in the event that you've been injured in a car crash. This can include hourly earnings and salary, but could also include other financial advantages like raises and bonuses. Your attorney can help you determine your lost earnings.
You can file a claim with an insurer with no fault or sue the party at fault for the loss of wages. The claim usually includes your medical bills, evidence of work missed due to your injuries, as well as the evidence of your loss of earnings capacity. This is often called demand package.
You'll need to submit a written statement from your employer confirming the details of your job, including the days that you were absent because of your injury and the hours you usually work. You'll need your paystubs, tax documents and other relevant documents. Your attorney can assist in obtaining these documents and making a compelling request to submit to the insurer or judge in your case.
Suffering and pain
Although some expenses incurred in a crash can be calculated to the penny--such as emergency services, medical bills as well as surgery costs, medications and lost wages, other expenses are not. The unquantifiable costs are known as pain and suffering, and are a crucial part of a victim's compensation claim.
The term "pain and suffering" encompasses both the emotional and physical consequences of an accident. The injuries sustained by victims could have a lasting impact on their life and cause permanent disabilities or even death. Someone who has suffered a debilitating head injury, for example could never be capable of working or functioning normally. These types of injuries usually merit an enormous settlement.
In most instances, the amount of suffering and pain the victim suffers is determined by the degree of their injuries and how the injury has affected their life. An experienced attorney will examine the details of your case to determine the appropriate settlement. They will consider previous settlement amounts for similar injuries to give you an idea of what your case could be worth in terms of suffering and pain.
Insurance companies attempt to deny the claims of victims of suffering and pain, by claiming that their injuries were not enough severe. A skilled lawyer will fight these tactics and negotiate with the insurer on your behalf to ensure you get an equitable settlement.