How Much Is Your Auto Accident Compensation Worth?
Damages for car accidents are intended to compensate victims of the collision. Some of them include the costs of property damage, as well as medical bills, whereas others aren't, such as pain and suffering.
In New York you have three years from the date of an accident to make a claim. But, if you wait too long can hurt your case. Over time, evidence may be lost or destroyed, and witnesses may forget key details.
Damages
In a car accident the victims may receive compensation for the economic loss they suffered, such as medical bills and lost wages. Additionally, they may be compensated for non-economic injuries, like suffering and pain. However, the amount your claim will be worth is contingent on the severity of your injuries and the impact they have on your life.
A skilled attorney for auto accidents will help you determine the value of your injuries and the damage to property, and negotiate an equitable settlement with the insurance company. Be aware that insurance companies exist to make money. That means that they will attempt to settle your claim as low as possible. This is why you need an attorney who knows how to fight for the maximum amount of money you deserve.
You may also be eligible to claim compensation if you own personal items that were damaged during the accident. Shoes, clothing and jewelry are all included. You can also receive reimbursement for expenses related to cleaning your home, gardening or childcare, if you can't do these things due to injuries.
Your deductible can also be a part of the equation when determining the value of your claim will be. You'll have to first pay your deductible before the insurance company begins to pay for the damages. You could then sue the driver who was at fault to recover any remaining damages.
Medical bills
The medical bills that arise from a car wreck can quickly mount up. The average cost for an ambulance ride, hospital stay and inpatient treatment could be several thousand dollars or more. Additionally, the cost of physical therapy, prescription drugs and other medical care could continue to rise as the accident victim progresses through their recovery.
When an individual driver is found to be at the fault in a lawsuit, they are responsible for the victim's damages including medical costs. However the law doesn't usually require an at-fault party to pay the medical bills of their victim on a regular basis.
If you are not in a state that is a no-fault state, your first step for receiving compensation for medical bills is to apply for PIP coverage (personal injury protection). Based on your policy's limits the coverage could be able to cover the majority or all your medical expenses.
You should also make a claim with the insurance policy of the driver who is at fault for any liability coverage they have and also the uninsured motorist coverage on your car insurance. These insurance policies may reimburse your medical expenses however they are usually accompanied with deductibles as well as other terms which you must follow. A skilled lawyer can assist you to navigate the process of getting your medical bills paid. This will save you from having to pay your own money on medical treatment and allows you to focus on your recovery.
auto accident attorneys medford from car accidents could keep you out of work. This can result in you being without income and struggling to pay your bills. You might need to borrow money from family or friends. A settlement could take months. During this time, it's possible that you'll have to pay the bills yourself and wait for the settlement.
A claim for lost wages may aid you in recovering the money you would have earned if not for the injuries sustained in your car accident. This could include hourly wages and salary, but could also include other financial benefits like bonuses and raises. Your attorney can help you determine the amount of lost earnings.
You can claim compensation for lost wages through a no-fault insurance company, or even a lawsuit against the responsible party. The claim typically involves your medical bills, evidence that you missed work due to injuries, and a record of your loss of earning capacity. It is sometimes called the demand package.
You'll have to submit a letter from the employer verifying the details of your job, including the days that you were absent due to your injury as well as the hours you typically work. You will need to provide your paystubs and tax documents and other relevant documents. Your attorney can help you in assembling these documents and preparing a compelling demand to give to the insurance company or judge in your case.
Pain and suffering
Certain expenses associated with accidents can be calculated down to the penny, for example, medical expenses, emergency services surgeries, medications lost wages, etc. But others aren't. These losses that are not quantifiable are referred to as suffering and pain and they are an important component of a victim's compensation claim.
The term "pain and suffering" refers to both the physical and emotional effects of an accident. A victim's injuries may cause lasting damage to their lives, leading to permanent disability or even death. For example, an injured victim suffering from a debilitating brain injury may never be able to get back to normal functioning. These types of injuries often require a substantial settlement.
In most cases, the amount suffering and pain the victim suffers is determined by the degree of their injuries and how the injury has impacted their lives. A seasoned attorney will research the specifics of your case to determine the appropriate settlement. They will use the previous settlement amounts for similar accidents injuries as a basis in order to give you an idea of what your case is worth.
Insurance companies attempt to deny the claims of victims of pain and suffering, by claiming that their injuries were not sufficiently severe. An experienced lawyer will fight these tactics and negotiate with the insurer on your behalf to ensure that you receive a fair settlement.