How Much Is Your Auto Accident Compensation Worth?

Car accident damages are meant to compensate victims for their losses. Some of these include the costs of property damage and medical bills, whereas others are not economic, like pain and suffering.

In New York you have three years from the date of an accident to file a lawsuit. But, if you wait too long could harm your case. Evidence can be lost over time or destroyed. Witnesses may forget important information.

Damages

In the event of a crash in a car victims may be awarded compensation for their economic losses like medical bills and lost wages. In addition, they could receive compensation for damages that are not economic like discomfort and pain. The amount you can receive depends on how serious your injuries are and the impact they have on your life.

A skilled auto accident lawyer will help you determine the value of your injuries and damage to your property, and negotiate an equitable settlement with the insurance company. Remember that insurance companies exist to earn a profit. This means that they'll try to settle your claim as low as possible. You require an attorney who will fight for you to get the maximum amount you are entitled to.

In addition to the costs of repairing your vehicle you can also claim compensation for personal belongings that were damaged in the accident. Shoes, clothing and jewelry are all covered. You can also receive compensation for the costs of gardening, housekeeping or childcare, if you are not able to do these tasks yourself due to your injuries.

In determining the value of your claim, your deductible is also considered. You'll need to pay your deductible prior to when the insurance company can begin paying for damages. You may then bring a lawsuit against the driver who was at fault to recover any remaining amounts of your damages.

Medical bills

Medical bills resulting from a car crash can quickly increase. The average cost for an ambulance ride, hospital stay and inpatient treatment can amount to hundreds of thousands of dollars or more. Additionally, the cost of physical therapy, prescription drugs and other care can increase as the accident victim continues to recover.

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

If you do not reside in a no-fault state, the first step for medical bill reimbursement is to submit an application to your insurance company for auto accidents coverage for PIP (personal injury protection) coverage. The insurance coverage can cover all or most of your medical expenses dependent on the policy limits.

You should also file a claim with the insurance policy of the driver who is at fault for any liability coverage they carry and also the uninsured motorist protection on your own insurance policy. These policies may pay for your medical expenses, but they generally come with deductibles or other conditions. A seasoned lawyer can help you get your medical bills paid. This will enable you to save money on medical bills, and auto accident lawyer instead concentrate on your recovery.

Loss of wages

Accidents in the car can keep you out of work. This could leave you with no income and struggling to pay your bills. You may need to take out loans from family members or friends. A settlement could take months. During that time, you must continue to pay the bills from your pocket and wait for your settlement.

A claim for lost wages could help you recover the money you would have earned if not to be injured in a car accident. This could include hourly wages and salary, but can also include other financial benefits like raises and bonuses. Your lawyer can calculate the exact amount of lost earnings.

You can file a claim with an insurer with no fault or claim the person at fault for lost wages. The claim will typically involve your medical bills, proof that you were unable to work due to your injuries, and a record of your diminished earning capacity. This is often known as a demand package.

You'll need to submit a written statement from your employer that confirms the details of your job including the days you were absent due to your injury, as well as the hours you typically work. You will also need to submit your pay slips and tax documents. Your attorney can help you in assembling these documents and making a compelling request to present to the insurer or judge in your case.

Pain and suffering

Although some expenses incurred in an accident can be calculated to the penny, such as medical bills, emergency services, surgery costs, medications, and lost wages--others cannot. These unquantifiable losses are known as suffering and pain and are an essential component of a victim's compensation claim.

Both the emotional and physical effects of an accident are associated with pain and suffering. The injuries of a victim may have a lasting impact on their lives that can cause permanent disabilities or even death. For example, an injured victim suffering from a debilitating brain injury may never be able to work or function normally again. These kinds of injuries typically warrant a large settlement.

In most cases, the amount pain and suffering the victim suffers is determined by the severity of their injuries and how the accident has affected their lives. A seasoned attorney will research the specifics of your case to determine the most appropriate settlement. They will consider 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 pain and suffering by claiming that their physical or emotional injuries aren't as serious. A knowledgeable lawyer will fight these tactics and negotiate with the insurance company on your behalf to ensure you get an appropriate settlement.