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What You Get From an Auto Accident Settlement The amount of money you receive from a car accident settlement will depend on the severity of your injuries More severe injuries result in larger current and future medical expenses Documenting your losses can help maximize your settlement Your lawyer will be able to compile a list of all relevant damages that include doctors notes wage records and eyewitness testimony Medical bills When people get hurt in a car crash medical bills are typically on their minds Fortunately the law usually covers these costs in personal injury cases However it could take months or even years before the responsible driver is held accountable through an order of the court or a settlement agreement In the meantime victims accrue medical bills that must be paid Car accident injuries typically require extensive medical attention which includes surgery and physical therapy The associated medical costs can be quite high It is important that victims understand that they shouldnt be obligated to pay for their own medical bills following a crash Instead the atfault motorist should be held accountable for these costs as part of their settlement In certain cases the atfault party may pay the victims medical expenses directly In other situations the victims health insurance plan or medpay insurance will cover these costs when they become The cost of these bills could be covered by rolling claims depending on the insurance coverage of the victim and specific circumstances In some cases hospitals or health insurance provider will place a lien on a portion of the victims final settlement An experienced lawyer can negotiate these liens to put more money in the victims pockets Lost wages A car accident could cause havoc to your finances You could also be required to pay for lost wages due to injuries in addition to medical bills and property damages New York law requires that your car insurance policy compensate you for lost income up to a certain amount Your attorney will work to obtain the maximum amount you deserve for your missed wages Paystubs or other forms of documentation for wages are the most popular way to prove that you lost money Other relevant documents are bank statements invoices and correspondence in the case of selfemployment Correspondence from your employer which confirms the number of dayshours that you missed from work due to the injuries you sustained is also important If you suffer a permanent injury that limits your ability to work or prevents you from working at all Your lawyer can consult an expert economist or financial expert to determine the future worth of your earnings potential In this case the expert will examine your age education level and education credentials career path and job tasks that you are no more able to perform Our Syracuse car accident attorneys often represent clients who were severely injured in accidents and are not able to work Not only do they have the right to compensation for lost wages resulting from accidents that werent their negligence but they could also be eligible for additional compensation through the insurance company of the driver or owner of the vehicle who was at fault Suffering and auto accident law firm macon deserve compensation for the emotional pain and pain they suffer after a collision However because emotional pain as well as physical pain cannot be recorded in photographs or documented with xrays insurance companies often discredit these losses This is why it is essential to have a professional personal injury attorney in your corner when dealing with the atfault drivers insurance Your Queens injury lawyer can help you gather evidence that supports your claim For example a victims medical bills or written official diagnoses can be used to prove the severity of their injuries A journal or diary that starts on the date of the accident and lasts throughout recovery can also document symptoms of emotional distress and physical discomfort The degree of your injuries will also influence the amount of your settlement A spinal cord injury or a severe head trauma like can result in a larger amount than a minor sprain that heals in three weeks The amount you pay for your auto accident will be impacted by the value of your injuries Your lawyer will assist in the calculation of your damages and in building an effective case to get the full amount that you deserve To learn more about the types of damages that can be awarded in a New York auto accident lawsuit contact an experienced lawyer Damages As weve discussed previously Settlement awards aim to compensate victims of car accidents for financial losses The amount of compensation will depend on the severity and degree of the injuries suffered by the victim and also the amount of the victim has lost in the form of their absence from work or property damage In addition an award can also include noneconomic damages such as suffering and pain Insurance companies employ formulas to calculate the amount they are required to pay These damages are difficult to quantify however they can be calculated A multiplier typically determined by medical expenses is added to the quantifiable costs to calculate a settlement amount for noneconomic damages Major injuries and permanent impairments are generally awarded higher settlements than minor or injuries that are temporary A car accident can be a devastation and the costs associated with it can be lifealtering While the amount of a settlement will not erase the loss it could provide compensation that helps victims overcome their financial burdens and restore a sense of normalcy to their lives A lawyer who has experience will know how to evaluate your case and advocate for the best settlement high as it is possible Although it might be appealing to settle for less than you deserve this could jeopardize your future recovery When you sign a settlement agreement you give up the right to file further claims or seek justice for any other losses relating to the accident
