How Much Is Your Auto Accident Compensation Worth?

Damages from car accidents are intended to compensate victims of the collision. Some of the damages include medical bills, property damage and pain and suffering.

In New York you have three years from the date of an accident to bring a lawsuit. But, if you wait too long could harm your case. As time passes, evidence could be lost or destroyed witnesses may forget crucial details.

Damages

In the case of a car accident victims may receive compensation for economic losses such as medical bills or lost wages. In addition, they can be awarded compensation for non-economic damages, such as suffering and pain. The amount of your claim is worth depends on the severity of your injuries and the impact they have on your life.

A skilled attorney for auto accidents can assist you in determining the value of your injuries as well as damage to property, and then negotiate an appropriate settlement with the insurance company. Insurance companies are in business of making money. This means that they will attempt to settle your claim as low as possible. This is why you need an attorney who knows how to get the highest amount you are entitled to.

In addition to the expense of repairing your vehicle you can also claim compensation for personal belongings that were damaged during the collision. Jewelry, clothes, and shoes are all covered. You may also be eligible for compensation for auto accidents expenses relating to household chores, gardening or childcare, if you can't do these things due to your injuries.

Your deductible is also a part of the equation in determining how your claim is worth. You must pay your deductible prior to the insurance company begins to cover your losses. You can then sue the driver who was at fault to recover any remaining damages.

Medical bills

The medical bills that arise of a car accident could quickly mount up. The cost of an ambulance ride, a hospital stay, and inpatient care can reach tens of thousands dollars or more. The cost of prescription drugs physical therapy, prescription medications, and other treatments can rise as the injured person recovers.

The driver at fault is responsible to pay for the losses of a victim and medical expenses when they are found to be liable in a lawsuit. The law doesn't require that the at-fault driver pay for the medical expenses of their victim on regular basis.

If you are not in a no-fault state, the first step to take for medical bills compensation is to submit an application to your auto accident lawsuit insurance provider for PIP (personal injury protection) coverage. Based on the policy limits the coverage may pay for the majority or all of your medical expenses.

You must also make a claim with the insurance policy of the driver who is at fault for any liability insurance they carry along with the uninsured motorist insurance on your car insurance. These insurance policies may reimburse your medical expenses, although they often come with deductibles, as well as other conditions which you must follow. A skilled lawyer can assist you navigate the process of getting your medical bills paid. This will help you reduce the amount you spend on medical bills, and instead concentrate on your recovery.

Lost wages

Injuries from car accidents could keep you out of work. This can leave you without a source of income and unable to pay your bills. You might need to borrow money from friends or family members. Settlements can take a long time. In this time, you'll have to pay your bills 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 accident. This could include salary and hourly wages, however it could also include other financial benefits like bonuses and raises. Your lawyer can help you determine the amount of lost earnings.

You can file a claim for lost wages through a no fault insurance company, or even a lawsuit against the party who is at fault. The claim will usually include your medical expenses, proof of missed work due your injuries, as well as documentation of your lost earnings capacity. This is often called the demand package.

You'll need to provide a letter from the employer verifying the specifics of your employment including the days you were absent because of your injury as well as the hours you typically work. You'll also have to provide your pay stubs and tax documents. An attorney can help gather these documents and prepare a convincing demand form to present to the insurance company or the judge in your case.

Suffering and pain

While some expenses associated with crashes can be figured to the penny -- such as emergency services, medical bills, surgery costs, medications and lost wages, others aren't. These damages that are not quantifiable are known as pain and suffering and are an important element of the claim for compensation of a victim.

Both the physical and emotional consequences of an accident can be associated with suffering and pain. The injuries suffered by a victim can have a lasting effect on their life that can cause permanent disabilities or even death. A person who suffers a severe head injury, for instance, may never be in a position to work or perform normally. These kinds of injuries typically warrant a large settlement.

In the majority of instances, the amount of pain and suffering the victim suffers is determined by the degree of their injuries and how the injury has impacted their lives. An experienced lawyer will look into the details of your case to determine the most appropriate settlement. They will use the previous settlement amounts for similar injuries as a basis in order to give you an idea of the amount your case is worth.

In reality, insurance companies frequently attempt to undermine victims who claim suffering and pain by claiming that their physical or emotional injuries aren't serious enough. A skilled lawyer will stand up to these tactics and negotiate with the insurer on your behalf to ensure you get an appropriate settlement.