How Much Is Your Auto Accident Compensation Worth?

Damages caused by car accidents are aimed to compensate victims for their losses. They can include costs of property damage and medical bills. Other damages are non-economic, like suffering and pain.

In New York you have three years following an accident to bring a lawsuit. However, waiting too long could harm your case. Evidence can be lost over time or destroyed. Witnesses could not remember important details.

Damages

In the event of a car crash, victims can receive compensation for their economic losses such as medical bills or lost wages. They can also receive compensation for non-economic losses, like pain and suffering. The amount of your claim is worth will depend on the severity of your injuries and their impact on your life.

A skilled auto accident attorney accident lawyer can assist you in determining the value of your injuries as well as damage to property, and negotiate a fair settlement with the insurance company. Insurance companies are in the business to make money. This means they will try to settle your claim for as little as possible. You require an attorney who will fight to get the most money you're entitled to.

You may also be eligible for compensation if you own personal items damaged in the accident. These include your clothing, shoes and jewelry. You can also get compensation for expenses related to gardening, housekeeping or childcare if cannot do these tasks yourself due to your injuries.

In determining the worth of your claim, the deductible is also considered. You must pay your deductible first before the insurance company starts to cover the cost of damages. You may then sue the person responsible for Auto Accident Compensation any remaining damages.

Medical bills

The medical bills that arise from a car crash can quickly accumulate. The average price for an ambulance ride, hospital stay and inpatient treatment could be tens of thousands of dollars or more. In addition, the cost for prescription drugs, physical therapy and other medical care could increase as the person who was injured gets better.

If a driver is found be at fault in a lawsuit, they are liable for the victim's damages including medical costs. The law does not mandate that the at-fault driver be responsible the medical expenses of their victim on regular basis.

If you don't reside in the state of no-fault the first step to receiving compensation for medical bills is to apply for PIP coverage (personal injury protection). This coverage may be able to cover all or a large portion of your medical bills, depending on the policy limits.

You should also submit a claim to the insurance policy of the driver who is at fault for any liability insurance they carry along with the uninsured motorist coverage on your car insurance. These insurance policies may reimburse your medical expenses however, they usually come with deductibles and other terms that you must adhere to. A lawyer with experience can assist you in the process of obtaining medical bills paid. This will let you avoid spending your own income on medical bills and focus on recovering.

Lost wages

Accidents in the car could keep you out of work. You may be unable to pay your bills and may lose income as a result. You may need to borrow money from your friends or family members. Settlements can take months. During this time, it's possible that you'll have to pay your bills yourself and wait for the settlement.

A claim for lost wages can help you recover the money you could have earned not to be injured in a car auto accident law. This can include salary as well as hourly wages, but it can also include other financial benefits such as raises and bonuses. Your lawyer can help you determine your lost earnings.

You can make a claim through an insurance company that is no-fault or pursue the party at fault for the loss of wages. The claim will typically involve your medical bills, proof that you missed work due to your injuries, and proof of your loss of earning capacity. This is often described as a demand package.

You'll have to provide an official letter from your employer to confirm your employment information, including the days that you were away because of your injuries and the hours you work normally. You'll need to provide your paystubs, tax documents and other pertinent documents. An attorney can help gather these documents and then prepare a compelling demand package to present to the insurance company or judge in your case.

Suffering and pain

Although some expenses incurred in accidents can be estimated to the penny--such emergency services, medical bills and surgery costs, medication and lost wages, others aren't. The unquantifiable damages are referred to as pain and suffering and are an essential element in the compensation claim of a victim.

Both the emotional and physical consequences of an auto accident litigation can be included in suffering and pain. A victim's injuries could cause lasting damage to their lives, leading to permanent disability or even death. For instance, a victim who suffers a severe brain injury might never be able to perform or function normally again. These kinds of injuries can be worth a large settlement.

In most cases, the amount suffering and Auto Accident Compensation pain a victim receives depends on the extent of their injuries and how it has affected their lives. An experienced lawyer will look into the details of your case to determine the most appropriate settlement. They will utilize previous settlement amounts for similar accident injuries to give you an idea of what your case may be worth in terms of suffering and pain.

Insurance companies often try to discredit victims of pain and suffering by claiming that their physical or emotional injuries aren't serious enough. A knowledgeable lawyer can resist such tactics and negotiate on behalf of you with the insurance company to ensure you receive a fair settlement.