Car Accident Settlement
While no one plans to get into a car accident, these happen all too frequently and cause injuries, property damage, and death. Some losses can never be fully compensated, and the harm cannot be undone. However, one measure of justice for victims in their families is to reach a financial settlement with the driver at fault. In order to reach a settlement, the injured party in the accident may need to file a personal injury suit against the driver or file a claim with the at-fault driver’s insurance company.
The Car Accident Settlement Process
Arriving at the final settlement amount can be a long and confusing process. Amounts are based on various incident-related factors as well as negotiations outside of court. It is important to have the right evidence to support your claim to ensure that you receive justice, fair treatment, and a speedy resolution to the process.How To Tell If You Got A Fair Deal On Your Car Accident Settlement
In order to be considered fair, several things must be considered. First, all issues related to legal liability or fault must be examined. Only to the extent that a party is at fault may they be held responsible for damages. Once liability has been taken into consideration, in regard to damages, the settlement itself must cover a few areas for the injured party. If the settlement does not include enough compensation to cover these damages, then it is not a fair amount. No settlement will be a one-size-fits-all solution. Each event has its own unique factors that must be investigated and taken into account when determining a settlement. If you are questioning the amount of your car accident settlement, seeking out the aid of a car accident attorney will greatly aid in your case. Attorneys will analyze the case and apply their extensive knowledge to help you determine if your settlement was arrived at fairly.What Is Typically Included In A Settlement?
The compensation included in a car accident settlement should cover all actual damages. These actual damages can be categorized into two groups—economic and non-economic damages. In the calculation of the settlement, these variables will be analyzed. Economic damages can include costs for:- All medical expenses incurred in the accident
- Any vehicle or property damage
- Wages lost during recovery, both before the settlement and for future losses
- Emotional distress
- Pain & suffering
- Disfigurement
- Loss of physical affection from spouse or partner