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 the cost of repairs to property, medical bills and suffering and pain.
In New York you have three years following an accident to bring a lawsuit. However, waiting too long could endanger your case. Over time, evidence may be lost or destroyed witnesses may not remember important details.
Damages
In a car accident victims could be awarded compensation for their economic losses including medical expenses and lost wages. Additionally, they may be compensated for non-economic damages like suffering and pain. The amount of compensation you receive will depend on how serious your injuries are and the impact they have on your life.
A skilled
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In addition to the cost of repairing your vehicle you can also claim reimbursement for personal items which were damaged in the crash. These include your clothes, shoes, and jewelry. You can also receive compensation for expenses relating to housekeeping, gardening or childcare, if are unable to do these tasks because of your injuries.
The deductible also forms part of the equation when determining how the value of your claim is. You will need to pay your deductible before the insurance company can begin to compensate you for your losses. You could then sue the driver who was at fault to recover any remaining damages.
Medical bills
Medical expenses arising from a car accident can quickly add up. The cost for an ambulance ride, hospital stay or inpatient treatment can amount to the tens of thousands of dollars or more. The cost of prescription medication, physical therapy, and other therapies can rise when the accident victim heals.
The driver who is at fault is responsible to pay for the losses of a victim, including medical expenses, when they are found to be liable in an action. However it is not the law to typically require the at-fault party to pay a victim's medical bills on an ongoing basis.
If you are not in a no-fault state, the first step to take for medical bill reimbursement is to submit an application to your auto insurance company for PIP (personal injury protection) coverage. Based on your policy's limits, this coverage could pay for the majority or all of your medical expenses.
You must also file an claim against the liability coverage of the driver who is at the fault, and your own uninsured driver policy. These policies may pay for your medical expenses, but they usually have deductibles or other conditions. A knowledgeable lawyer can help you to navigate the process of getting your medical bills paid. This will prevent you from having to spend your income for medical treatment, and it will allow you to focus on recovering.
Lost wages
Accidents that involve cars can result in you being unable to work. This can result in you being without a paycheck and struggling to pay your bills. You could be required to borrow money from family or friends. Settlements can take months. In that time, will be required to continue paying your bills out of your own pocket and then wait for your settlement.
You can recover lost wages if you've been injured in a car accident. This can be a combination of salary and hourly wages, but it could also include other financial benefits such as bonuses and raises. Your lawyer can determine the actual loss earnings.
You can make a claim for lost wages through a non-fault insurance company or a lawsuit against the responsible party. The claim usually includes your medical expenses, proof of absences due to your injuries, and documentation of your lost earnings capacity. This is sometimes referred to as the demand package.
You'll need to submit a letter from your employer confirming the details of your employment, including the days that you were absent because of your injury and the hours that you normally work. You'll need your pay stubs, tax documents and
auto accident Law Firm other relevant documents. Your attorney can help you in assembling these documents and creating a compelling demand that you can present to the insurer or judge in your case.
Suffering and pain
While some expenses associated with accidents can be estimated to the penny--such emergency services, medical bills as well as surgery costs, medications and lost wages, others aren't. These damages that aren't quantifiable are called"pain and suffering" and play an essential element in an injury claim.
The term "pain and suffering" refers to both the emotional and physical effects of an accident. A victim's injuries may cause lasting damage to their lives, resulting in permanent disability or even death. A person suffering from a debilitating head injury, like might never be in a position to work or perform normally. These types of injuries are usually worth a large settlement.
In most cases, the amount pain and suffering the victim suffers is determined by the severity of their injuries as well as how it has affected their lives. An experienced attorney will investigate the details of your case to determine a fair settlement. They will make use of previous settlement amounts for similar injuries as a reference in order to provide you with an idea of what your case is worth.
Insurance companies often try to discredit victims with claims of suffering and pain by claiming that their emotional or physical injuries aren't severe enough. An experienced lawyer can fight back against such tactics and negotiate on behalf of you with the insurance company to ensure that you receive a fair settlement.