How Much Settlement Can You Demand for Your Car Accident Claim
Following an accident that another party caused, you can seek monetary compensation for the injuries and losses you sustained because of it. This includes determining the right amount of settlement to demand from the at-fault party. To come up with a figure, you must consider the particulars of the crash, the injuries you sustained in it, and how these injuries impact your life. A legal consultation with a reliable car accident attorney can help you figure out how much settlement you should ask for.
What Damages Can You Pursue
In car accident cases, damages are the financial, physical, and emotional losses you sustained because of the negligence of another party. These damages include the impacts of the crash on your life. Generally, you can pursue economic and non-economic damages. Economic damages can include medical bills, ambulance fees, diagnostic medical tests, vehicle repair, physical therapy, in-home medical care, and lost income. Meanwhile, non-economic damages include pain and suffering, emotional distress, and loss of life enjoyment.
How Your Attorney Determines Your Damages
Assigning a dollar value to non-economic damages can be quite complex. But an attorney can help you figure out this. After listening to your story and recording your experience, they can help you understand how your experiences translate into a claim. A reliable car accident attorney can use your suffering to fight for the full compensation you deserve. After your attorney has identified all potential damage areas, they will come up with a fair settlement that reflects all of the losses you have suffered.
Possible Pitfalls in Damage Calculations
Some of the mistakes that can be made when calculating your damages are undervaluing them, overlooking related future costs, or not fully documenting every kind of damage you claim. And when it’s time to negotiate a settlement, other mistakes can be made. You could settle your claim before you determine the full extent of your injuries or downplaying your injuries. These mistakes can be avoided if you get advice from a good attorney.
Your attorney can help you avoid these mistakes by using their knowledge and skills when anticipating future costs related to your injuries. Also, they have the experience necessary for accurately valuing non-economic damages and the skills to negotiate with an insurer effectively. Your attorney’s guidance and representation can provide you with the best chance to recover all damages and restore your life the way it was before the car accident.
