How Much Is Your
Auto Accident Compensation Worth?
Damages from car accidents are designed to compensate the victims of the collision. Some of the damages include damages to property, medical bills and suffering and pain.
In New York you have three years following an accident to bring a lawsuit. But, if you wait too long can hurt your case. Evidence could be lost over time or destroyed. Witnesses could forget important information.
Damages
In the event of a crash in a car victims could be awarded compensation for the economic loss they suffered including medical expenses and lost wages. In addition, they could be compensated for non-economic damages such as pain and discomfort. But, how much your claim will be worth is contingent on the severity of your injuries as well as the impact they have on your life.
A skilled
auto accident lawyers accident attorney can help you determine the value of your injuries as well as property damage, and negotiate with the insurance company to reach an equitable settlement. Insurance companies are in business to make money. They will do all they can to settle your claim as cheaply as they can. You require an attorney who will fight for you to get the maximum amount you deserve.
In addition to the cost of repairing your vehicle you can also claim compensation for personal items which were damaged in the collision. These include your shoes, clothing, and jewelry. You may also be eligible for reimbursement for expenses relating to gardening, housekeeping or childcare, if you aren't able to complete these tasks by yourself due your injuries.
The deductible also forms part of the equation in determining how the value of your claim will be. You must pay your deductible before the insurance company can begin to pay for the damages. You may then bring a lawsuit against the driver who was at fault to recover any remaining amounts of your losses.
Medical bills
The medical expenses that result from a car wreck can quickly mount up. The cost of an ambulance ride, hospital stay and inpatient treatment could be tens of thousands of dollars or more. The cost of prescription medicines physical therapy, prescription medications, and other treatments can rise as the accident victim recovers.
If a driver is found be at the fault in a lawsuit, they are liable for the victim's damages, which includes medical expenses. The law doesn't require that the at-fault driver be responsible for the medical expenses of their victim on regular basis.
If you don't reside in the state of no-fault the first step to getting reimbursement for medical expenses is to apply for PIP coverage (personal injury protection). The insurance coverage can cover all or the majority of your medical expenses, subject to the policy limits.
You should also make claims against the liability coverage of the driver at the fault, as well as your own uninsured driver policy. These insurance policies could reimburse your medical expenses however they are usually accompanied with deductibles and other conditions that you must adhere to. A lawyer with experience will assist you through the process of getting medical bills paid. This will allow you to save money on medical bills and focus on recovering.
Loss of wages
Injuries from car accidents can make you unable to work. This can result in you being without a paycheck and unable to pay your bills. You may need to borrow money from friends or family. It could take months to reach a settlement in your case. During that time, you will have to keep paying your bills from your pocket and wait for the settlement.
A claim for lost wages may aid you in recovering the money you would have earned if not for the car
auto accident lawyer injury. This could include hourly wage and salary, but can also include other financial benefits like raises and bonuses. Your attorney can calculate the exact amount of lost earnings.
You can claim compensation for lost wages through a non-fault insurance company or file a lawsuit against the responsible party. The claim is typically based on medical expenses, proof that you missed work due to your injuries, as well as documentation of your diminished earning capacity. It is commonly described as a demand package.
You'll need an official letter from your employer that confirms your employment details, including the days that you were away due to your injuries and the hours that you work on a regular basis. Additionally, you will need to provide your pay stubs and tax documents. Your attorney can help you gather these documents and then prepare a compelling demand package to present to the insurance company or the judge in your case.
Pain and suffering
While some expenses associated with an accident can be calculated to the penny--such emergency services, medical bills, surgery costs, medications and lost wages, there are other expenses that cannot be quantified. These unquantifiable damages are called"pain and suffering" and play an important element of a victim's compensation claim.
The emotional and physical consequences of an accident are part of the suffering and pain. A victim's injuries could have a lasting impact on their lives, resulting in permanent disability, or even death. For instance, a victim who suffers from a crippling brain injury might never be able to be able to work or function normally again. These kinds of injuries can be worth a large settlement.
In the majority of cases, how much pain and suffering an injured victim experiences is determined by the severity of the injury and the impact it has had on their lives. An experienced attorney will research the specific details of your case and decide the appropriate amount of settlement. They will use previous settlement amounts for similar injuries as a guide to give you an idea of what your case may be worth in terms of suffering and pain.
In reality, insurance companies frequently attempt to undermine victims of suffering and suffering by asserting that their physical or emotional injuries aren't as serious. A knowledgeable lawyer can stand up to such tactics and negotiate on behalf of the insurer to ensure that you get an honest settlement.