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What You Get From an Auto Accident Settlement The amount you will receive from a settlement from a car accident is contingent on the extent of your injuries More severe injuries result in greater current and future medical costs Documenting your losses will help you maximize your settlement Lawyers can help you create a list of damages including doctors notes wage records and eyewitness testimony Medical bills If someone is injured in a car crash medical bills are often at the forefront of their minds Fortunately the law generally covers these expenses in personal injury cases However it may take months or even years before the driver at fault is found to be responsible through an agreement with a judge or a settlement agreement In the meantime victims accumulate medical bills that must be paid Car accident injuries usually require substantial medical treatment like surgery and physical therapy The resulting medical expenses can be substantial It is important for victims to know that they should not have to shoulder the cost of their own medical bills following a crash and that the driver at fault should be responsible for paying these bills as part of the settlement they received for their accident In some cases a person at fault is required to pay directly for medical expenses incurred by the victim In some instances the victims health insurance coverage or medpay may pay these costs when they accumulate These expenses can be covered by rolling claims based on the insurance coverage of the person and situation In some cases a hospital or health insurance provider could place a lien against the settlement for a victim Fortunately a reputable attorney can help negotiate these liens to ensure that more money is put in the pocket of the victim Lost wages A car accident can have a devastating effect on your financial situation In addition to medical expenses and property damage you could be required to pay for lost wages due to of your injuries New York law requires car insurance policies to reimburse you for the loss of income up to a certain amount Your attorney will fight to get you the full amount of your lost earnings Paystubs or other wage documents are the most common way to prove the loss of income Other relevant documents are bank statements invoices and correspondence for selfemployed workers The correspondence from your employer that confirms the number of dayshours you missed work because of your injuries is equally important If you have a permanent injury which reduces or hinders your ability to earn the income you desire your lawyer will seek out an economist or financial professional to assess your future 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 capable of performing At Michaels Bersani Kalabanka our Syracuse car accident lawyers frequently see clients who are severely injured in accidents and no longer work They are not just entitled to nofault lost wages but could also obtain additional compensation from atfault motorists or car owners insurance Pain and suffering Car accident victims are entitled to compensation for the emotional distress and pain they endure after a collision But since emotional stress and physical pain are not captured in a photograph or documented with xrays insurance companies often discredit these losses It is essential to have a knowledgeable personal injury lawyer on your side when dealing with the insurance company of the person who was at fault Your Queens injury lawyer can assist you gather evidence that supports your claim For instance a victims medical bills or written formal diagnoses can prove the severity of their injuries A journal or diary that starts on the date of the accident and lasts throughout recovery can also capture symptoms of emotional distress and physical discomfort The severity of your injuries will also affect the amount of your settlement For example a spinal cord injury or a severe brain trauma may result in a higher amount than a minor head injury that was cured in three weeks The amount you pay for your auto accident will be impacted by the value of your injuries Your lawyer will help you calculate your damages and build an effective case to receive the maximum amount of compensation you are entitled to Contact a seasoned attorney today to find out more about the different kinds of damages that can be awarded in the event of a New York car accident lawsuit Damages As weve mentioned above settlement awards are intended to compensate victims of car accidents for financial losses The amount awarded will be contingent on the severity of a persons injuries and how much they have lost due to injuries to their property and work A verdict can also include noneconomic damages such as suffering and pain These damages arent easily quantifiable however insurance companies employ an equation to determine how much to pay for these damages To determine the settlement amount for noneconomic damages the multiplier is usually based on medical costs Major injuries and permanent impairments are typically paid more than minor or injuries that are temporary A car crash can be a devastating experience and the losses associated with it can be lifechanging While the amount of settlement wont eliminate these losses it should give victims get through their financial hardships and bring some order back to their lives A car accident lawyer with experience can evaluate your case and negotiate an amount as high as possible While auto accident lawyer illinois may seem appealing to accept a lower amount than you are entitled to this could hinder your future recovery You give up your right to file a lawsuit or other claims in the event of an accident after you sign the settlement agreement
