How Much Is Your Auto Accident Compensation Worth?
Damages for car accidents are intended to compensate victims of the collision. Some of the damages include damages to property, medical bills and pain and suffering.
In New York you have three years from the time of an accident before you bring a lawsuit. However, waiting too long could hurt your case. Evidence could be lost over time or destroyed. Witnesses might forget important details.
Damages
In the case of a car accident victims may be compensated for economic losses such as medical bills or lost wages. In addition, they can receive compensation for non-economic losses like discomfort and pain. The amount of your claim is worth depends on the degree of your injuries and the impact they have on your life.
A skilled lawyer for auto accident attorneys accidents can assist you in determining the worth of your injuries as well as damage to your property, and negotiate an equitable settlement with the insurance company. Insurance companies are in business of making money. This means that they will try to settle your claim for as little as possible. You need an attorney who will fight for you to get the most money you are entitled to.
In addition to the cost of repairing your vehicle, you may also be eligible to claim compensation for personal belongings that were damaged by the crash. Jewelry, clothes, and shoes are all covered. You may also receive reimbursement for expenses related to housekeeping, gardening or childcare, if can't do these things due to your injuries.
When determining the value of your claim, the deductible will also be taken into consideration. You will have to pay your deductible before the insurance company can begin to pay for the damages. You may then make a claim against the at-fault driver to recover the remaining amount of your losses.
Medical bills
The medical bills that result of a car accident could quickly accumulate. The average cost for an ambulance ride, hospital stay and inpatient treatment can reach tens of thousands of dollars or more. The cost of prescription drugs, physical therapy, and other services may increase when the accident victim heals.
The driver who is at fault is responsible for the cost of a victim's loss, including medical expenses, in the event that they are found to be responsible in a lawsuit. The law does not require that the at-fault driver be responsible for medical expenses incurred by their victim on regular basis.
If you're not in a state that is no-fault, the first step to take for medical bill reimbursement is to apply to your insurance company for auto coverage for PIP (personal injury protection) coverage. This insurance may cover all or the majority of your medical costs, according to the limits of your policy.
You must also file an appeal against the liability coverage of the driver at the fault, and your own uninsured motorist policy. These policies may reimburse you for your medical expenses, but they usually contain deductibles and other conditions. An experienced lawyer can help you navigate the process of getting your medical bills paid. This will prevent you from having to spend your income for medical treatment and will allow you to concentrate on your recovery.
Lost wages
Accidents involving cars could cause you to miss work. This could leave you without a source of income and struggling to pay your bills. You may have to borrow money from relatives or friends. It can also take months to settle your case. 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 may aid you in recovering the money you could have earned not for the car accident injury. This could include hourly wages and salary, but could also include other financial advantages such as bonuses and raises. Your attorney can calculate the exact amount of lost earnings.
You can claim compensation for vehicle lost wages with a no-fault insurance company or file a lawsuit against the party at fault. The claim will typically involve your medical bills, proof that you were unable to work because of your injuries, and a record of your lost earning capacity. This is often known as a demand package.
You'll be required to submit a letter from the employer verifying the particulars of your work and the days you were absent because of your injury as well as the hours you usually work. Additionally, you will need to submit your pay slips and tax documents. Your attorney can help you gather these documents and vehicle prepare an impressive demand package to present to the insurance company or judge in your case.
Suffering and pain
Certain expenses incurred in an accident can be estimated right down to the penny for example, emergency services, medical costs surgeries, medications, lost wages, etc. While others aren't. These unquantifiable damages are called"pain and suffering" and play an important aspect of an injury claim.
Pain and suffering includes both the physical and emotional consequences of an accident. The injuries of a victim may have a lasting impact on their lives and cause permanent disabilities or even death. A person suffering from a debilitating head injury, for instance might never be able to work or function normally. These kinds of injuries usually result in a large settlement.
In most instances, the amount of pain and suffering the victim endures is contingent on the severity of their injuries as well as how it has affected their lives. An experienced lawyer will look into the details of your case to determine a fair settlement. They will use previous settlement amounts for similar accidents injuries as a reference to provide you with an idea of the amount your case is worth.
Unfortunately, insurance companies often attempt to undermine victims' claims of suffering and pain by claiming that their emotional or physical injuries aren't serious enough. A skilled lawyer will resist these tactics and negotiate on your behalf with the insurer to ensure that you receive a fair settlement.