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What You Get From an Auto Accident Settlement The amount you will receive from a car accident settlement depends on the extent of your injuries Medical bills are higher for more serious injuries Documenting the losses will assist in maximizing your settlement Your lawyer can prepare a list of damages including doctors notes wage records as well as eyewitness testimony Medical bills Medical bills are often the first thing people consider when they are injured in a car crash In the majority of personal injury cases the law will cover these expenses It may take months or even years before the driver who was at fault is found liable by a court verdict or settlement agreement however In the meantime victims accrue medical bills that must be paid Injuries from car accidents typically require significant medical treatments like surgery or physical therapy Medical bills can be very expensive It is essential that victims know that they dont be obligated to pay for the medical bills themselves following the crash Instead the atfault driver is accountable for them as part of their settlement In some instances the atfault party will pay the victims medical bills directly In other instances the victims health insurance or medpay coverage will pay these costs when they become The cost of these bills could be covered by rolling claims based on the insurance coverage of the victim and the situation In certain instances the hospital or health insurance company may place a lien on a portion of the victims eventual settlement Fortunately an experienced attorney will assist in negotiating these liens to increase the amount of money in the pockets of the victim Loss of wages A car crash can wreck destruction on your finances In addition to medical bills and property damage you may have to cover the cost of lost wages because of your injuries New York law requires car insurance policies to compensate you for your loss of income up to a certain amount Your lawyer will work with you to get the full amount that you are entitled to in lieu of your lost earnings Paystubs and other documents for wages are the most popular way to prove the loss of income Other relevant documents are invoices bank statements and correspondence if you were selfemployed It is also crucial to have a letter from your employer that confirms the number of hoursdays you missed due to injury If you suffer from an injury that will permanently limit or hinders your earning capacity the money you deserve your lawyer will talk to an economist or financial professional to determine your earning potential In this case the expert will evaluate your age education and qualifications as well as your career path and tasks you are no longer able to perform At Michaels Bersani Kalabanka our Syracuse car accident lawyers frequently meet with clients who are seriously injured in accidents and can no longer work auto accident attorney west palm beach do they have the right to compensation for lost wages resulting from accidents that werent their fault but they may also be eligible for additional compensation through the insurance company of the car owner or driver who was at fault Pain and suffering Car accident victims deserve compensation for the emotional trauma and pain they feel following a collision Insurance companies often discount emotional pain and suffering because they are not able to be documented through photographs or xrays This is why its vital to have a professional personal injury lawyer to represent you when dealing with the atfault drivers insurer Your Queens injury lawyer can assist you with gathering evidence of all kinds to prove your claim for damages For instance the victims medical bills or written official diagnoses can be used to prove the severity of their injuries A diary or journal that starts on the date of the accident and continues throughout the recovery process can capture physical and emotional discomfort as well as emotional turmoil The extent of your injuries could also influence the amount you receive A spinal cord injury or a serious head trauma as an example may result in a greater amount than a minor sprain that heals in three weeks Your auto accident settlement will be affected by the value of your injuries Your lawyer will assist you in the calculation of your damages and in building an argument that is strong enough for you to get the full amount of compensation you are entitled to Contact a seasoned lawyer today to learn more about the various types of damages that can be awarded in the event of a New York car accident lawsuit Damages As we have discussed above settlement awards are intended to compensate victims of car accidents for financial losses The amount of compensation awarded will depend on the severity and the extent of the victims injuries as well as the amount of loss they have suffered because of work absence or property damage A verdict will also include noneconomic damages such as pain and suffering These damages arent quantifiable however insurance companies use a formula to determine how they will be able to pay for these damages A multiplier often calculated based on medical costs is added to the quantifiable cost to determine a settlement amount for noneconomic damages Severe injuries and permanent impairments typically result in higher awards than injuries that are minor or temporary An accident in the car is an experience that is traumatic and can alter your life forever While settlement wont be enough to erase these losses it should provide a compensation that helps victims get through their financial challenges and restore some normalcy to their lives A lawyer who has experience is able to assess your case and fight for an amount that is as likely to be as high as it can be While it may seem tempting to accept a lower amount than you deserve this could impede your future recovery You give up your right to file a lawsuit or other claims for the accident once you sign the settlement agreement
