How Much Is Your Auto Accident Compensation Worth?
Damages resulting from car accidents are intended to compensate victims of the accident. They can include costs of property damage and medical bills, while some aren't economic, such as suffering and pain.
In New York, you have up to three years to take legal action after a crash, but not acting quickly can hurt your case. Evidence can disappear over time or destroyed. Witnesses can not remember 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 be awarded compensation for non-economic injuries, like suffering and pain. The amount of your claim will be worth is contingent on the extent of your injuries and their impact on your life.
A skilled
auto accident attorney can assist you in determining the worth of your injuries and property damage, and negotiate with the insurance provider for a fair settlement. Insurance companies are in business of making money. This means they will try to settle your claim as low as they can. Therefore, you require an attorney who knows how to fight for the maximum amount of money that you are entitled to.
You may also be eligible for compensation if you have personal items damaged in the accident. These include your shoes, clothing, and jewelry. You can also claim compensation for expenses related to housekeeping, gardening or childcare if you cannot do these tasks by yourself due your injuries.
When determining the value of your claim, the deductible is also considered. You must pay your deductible before the insurance company will begin to cover your losses. You could then sue the driver responsible for any remaining damages.
Medical bills
The medical costs resulting from a car crash can quickly add up. The average cost for an ambulance ride, hospital stay and inpatient treatment can amount to the tens of thousands of dollars or more. Furthermore, the cost of physical therapy, prescription drugs and other medical care could increase as the injured person is able to recover.
If an individual driver is found to be at fault in a lawsuit, they are responsible for the victim's damages, which includes medical expenses. However, the law does not normally require the at-fault party to pay their medical bills of their victim on a regular basis.
If you do not reside in a no-fault state the first step to take to claim medical bill compensation is to submit an application to your insurance company for
auto accident attorneys coverage for PIP (personal injury protection) coverage. Based on the limits of your policy the coverage may be able to cover the majority or all your medical expenses.
You should also make an appeal against the liability insurance of the driver at fault, and also your own uninsured motorist insurance policy. These policies may pay for your medical expenses, but they generally include deductibles or other terms. A seasoned lawyer can help you get your medical bills paid. This will save you from having to spend your money on medical expenses, and it will allow you to focus on recovering.
Lost wages
Accidents that involve cars can cause you to miss work. This could leave you without a paycheck and struggling to pay your bills. You may have to borrow money from friends or family. It could take months to reach a settlement in your case. In the meantime, you'll have to pay your bills yourself and wait for the settlement.
A claim for lost wages can assist you in recovering the amount you would have earned if not for your car accident injury. This could include hourly wage and salary, but can also include other financial advantages like raises and bonuses. Your lawyer can calculate the actual amount of lost earnings.
You can submit a claim for lost wages through a no-fault insurance company or a lawsuit against the party who is at fault. 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. It is commonly called demand packages.
You'll be required to submit a letter from your employer that confirms the specifics of your employment and the days you were absent due to your injury, as well as the hours that you normally work. You'll need your pay stubs, tax documents and
auto accident attorney other relevant documents. Your attorney can help you in obtaining these documents and prepare a compelling demand to present to the insurer or judge in your case.
Pain and suffering
While some of the costs associated with a crash can be calculated to the penny--such as medical bills, emergency services and surgery costs, medication, and lost wages--others cannot. These unquantifiable losses are known as pain and suffering, and are a crucial part of a victim's compensation claim.
The term "pain and suffering" encompasses both the physical and emotional effects of an accident. The injuries of a victim could have a lasting impact on their lives and cause permanent disabilities or even death. Someone who has suffered a debilitating head injury, for instance could never be capable of working or functioning normally. These kinds of injuries are usually worth a substantial settlement.
In the majority of cases, the amount of pain and suffering an injured victim endures is determined by the severity of the injury and the impact it affected their lives. An experienced attorney will examine the specifics of your case to determine the most appropriate settlement. They will use previous settlement amounts for similar injuries as a basis to provide you with an idea of what your case is worth.
Unfortunately, insurance companies often attempt to undermine victims of suffering and pain by saying that their emotional or physical injuries are not serious enough. An experienced lawyer can fight back against such tactics and negotiate on behalf of you with the insurance company to ensure you receive an equitable settlement.