How Much Is Your Auto Accident Compensation Worth?
Damages from car accidents are designed to compensate the victims of the accident. Some of these include the cost of property damage as well as medical bills, while some are non-economic, like pain and suffering.
In New York, you have up 3 years to initiate legal action after a crash, but delay can be detrimental to your case. Evidence can be lost over time or destroyed. Witnesses may forget important details.
Damages
In the event of a car accident victims could be awarded compensation for the economic loss they suffered including medical expenses and lost wages. In addition, they could be compensated for non-economic damages like discomfort and pain. The amount of compensation you can receive depends 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 as well as damage to property, and then negotiate an acceptable settlement with the insurance company. Remember that insurance companies are in business to make a profit. They will do everything they can to settle your claim for as little as possible. Therefore, you require a lawyer who knows how to get the highest amount of money that you deserve.
In addition to the cost of repairing your vehicle you can also claim reimbursement for personal items that were damaged during the collision. auto accident attorney fayetteville includes your clothing, shoes and jewelry. You can also claim reimbursement for expenses relating to gardening, housekeeping or childcare if you are unable to do these tasks yourself due to your injuries.
In determining the worth of your claim, your deductible will also be taken into consideration. You'll need to pay your deductible prior to the insurance company starts to compensate you for your losses. You can then bring a lawsuit against the driver who is at fault in order to recover the remaining amount of your damages.
Medical bills
Medical expenses arising from a car crash can quickly increase. The cost for an ambulance ride, hospital stay and inpatient treatment can amount to the tens of thousands of dollars or more. The cost of prescription medication as well as physical therapy and other treatments can rise when the accident victim heals.
When the driver is found be at the fault of a lawsuit, they are responsible for paying the victim's damages, including medical costs. However the law doesn't generally require an at-fault driver to pay for their medical bills of their victim on a regular basis.
If you don't reside in an area that is no-fault your first step in receiving compensation for medical bills is to apply for PIP coverage (personal injury protection). This coverage may cover all or the majority of your medical expenses depending on the policy limits.
You must also file an appeal against the liability insurance of the driver at the fault, as well as your own uninsured motorist policy. These policies may reimburse you for medical expenses, but they usually include deductibles or other conditions. A seasoned lawyer can help you in navigating the process of getting your medical bills paid. This will enable you to avoid spending your own income on medical expenses and instead focus on your recovery.
Loss of wages
Accidents in the car can prevent you from going to work. It is possible that you will not be able pay your bills and suffer a loss of income as a result. You may have to borrow money from friends or family. Settlements can take months. During this time, you'll have to pay the bills yourself and wait for the settlement.
You can get back your lost wages if been injured in a car accident. This could include hourly wages and salary, but can also include other financial advantages like raises and bonuses. Your lawyer can determine the actual amount of lost earnings.
You can claim compensation for lost wages through a non-fault insurance company or by filing a lawsuit against the responsible party. The typical claim will involve the cost of your medical bills, proof that you were unable to work due to your injuries, and documentation of your lost earning capacity. It is sometimes referred to as the demand package.
You will need to provide an official letter from your employer that confirms your employment details, including the days you were off because of your injuries and the hours you work normally. Additionally, you will need to provide your pay stubs and tax documents. Your attorney can help you in assembling these documents and preparing a compelling demand to present to the insurer or judge in your case.
Suffering and pain
While some expenses associated with an accident can be calculated to the penny -- such as medical bills, emergency services as well as surgery costs, medications and lost wages, others aren't. These damages that are not quantifiable are known as"pain and suffering" and are an important part in a victim's compensation claim.
The term "pain and suffering" encompasses both the physical and emotional consequences of an accident. A victim's injuries may have a lasting impact on their lives, resulting in permanent disability, or even death. A person suffering from a debilitating head injury, for instance might never be functional or work normally. These kinds of injuries are often worth a substantial settlement.
In most cases, the amount and suffering a victim experiences is determined by the severity of the injury and the impact it had on their lives. An experienced attorney will look into the specifics of your case to determine the most appropriate amount to settle. They will use prior settlement amounts for similar accident injuries as a reference to help you get an idea of what your case might be worth in terms of suffering and pain.
Unfortunately, insurance companies often try to deflect victims with claims of suffering and pain by claiming that their emotional or physical injuries aren't serious enough. A skilled lawyer will stand up to such tactics and negotiate on your behalf with the insurer to ensure that you get a fair settlement.