How Much Is Your Auto Accident Compensation Worth?

Damages for car accidents are designed to compensate the victims of the accident. Some of the damages include medical bills, property damage and suffering and pain.

In New York you have three years after an accident to file a lawsuit. But, if you wait too long could endanger your case. Evidence can disappear over time or Auto Accident Compensation destroyed. Witnesses can forget important information.

Damages

In the event of a crash in a car the victims may receive compensation for the economic loss they suffered like medical bills and lost wages. Additionally, they may be compensated for non-economic injuries, like suffering and pain. The amount of compensation you will receive is contingent on the severity of your injuries and the impact they'll have on your life.

An experienced attorney for auto accident litigation accidents can help you determine the value of your injuries and property damage, and negotiate with the insurance provider for an acceptable settlement. Be aware that insurance companies exist to make money. They will do everything they can to resolve your claim as cheaply as they can. This is why you need an attorney who understands how to get the highest amount of money that you deserve.

You can also seek compensation if you have personal items damaged in the auto accident lawsuit. Jewelry, clothing, and shoes are all covered. You can also receive compensation for costs related to gardening, housekeeping or childcare if you are unable to do these tasks by yourself due your injuries.

In determining the amount of your claim, the deductible will also be considered. You'll need to pay your deductible before the insurance company begins to compensate you for your losses. You may then sue the person who was at fault to recover any remaining damages.

Medical bills

Medical bills resulting from a car accident can quickly add up. The cost of an ambulance ride, a hospital stay and inpatient care can run into tens or thousands of dollars or more. The cost of prescription medications physical therapy, prescription medications, and other services may increase as the victim recovers.

The driver at fault is responsible to pay for the losses of a victim as well as medical expenses when they are found responsible in a lawsuit. However it is not the law to generally require an at-fault driver to pay for their victim's medical bills on an ongoing basis.

If you don't live in a state that is no-fault the first step for receiving compensation for medical bills is to apply for PIP coverage (personal injury protection). The insurance coverage can cover all or the majority of your medical expenses depending on the policy limits.

You should also make a claim through the insurance company of the driver at fault for any liability insurance they carry along with the uninsured motorist insurance on your car insurance. These insurance policies can reimburse your medical expenses however they are usually accompanied with deductibles, as well as other conditions that you must adhere to. A lawyer with experience will assist you through the process of obtaining medical bills paid. This will prevent you from having to pay your own money on medical treatment, and it will allow you to concentrate on recovering.

Lost wages

Car accidents can result in you being unable to work. This could leave you without income and unable to pay your bills. You may have to borrow money from friends or family. A settlement could take months. During this time, it's possible that you'll be required to pay your bills yourself and wait for the settlement.

You can get back your lost wages in the event that you've been injured in a car crash. This can include hourly earnings and salary, but can also include other financial advantages such as bonuses and raises. Your lawyer can calculate the actual loss earnings.

You can make a claim for lost wages with a no-fault insurance company or file a lawsuit against the party at fault. The claim is usually made up of your medical bills, evidence of missed work due your injuries, as well as evidence of your loss of earnings capacity. This is sometimes called the demand package.

You'll have to provide an employer's letter to confirm your employment information, including the days you missed work due to injuries and the hours you normally work. You will need to provide your pay stubs, tax documents and other relevant documents. Your attorney can help you in gathering these documents as well as creating a compelling demand that you can submit to the insurer or judge in your case.

Suffering and pain

While some costs associated with an auto accident claim can be calculated to the penny--such as medical bills, emergency services and surgery costs, medication and lost wages, other expenses are not. These unquantifiable damages are called pain and suffering and play an important aspect of the claim for compensation of a victim.

Both the emotional and physical consequences of an accident can be part of the pain and suffering. The injuries suffered by a victim could have a lasting impact on their lives and cause permanent disabilities, or even death. A person who suffers a severe head injury, like could never be functional or work normally. These types of injuries often need a substantial settlement.

In most cases, the amount pain and suffering a victim receives depends on the degree of their injuries and how the injury has impacted their lives. An experienced attorney will investigate the details of your case to determine the appropriate settlement. They will consider previous settlement amounts for similar injuries to help you get an idea of what your case could be worth in terms of suffering and pain.

Insurance companies try to undermine the claims of victims for suffering and pain, by claiming their injuries are not enough severe. A knowledgeable lawyer can defend against such tactics and negotiate on behalf of the insurer to ensure that you receive an equitable settlement.