Settlements: The Most Common Outcome in Car Accident Claims

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If you were in a car accident and suffered injuries and damage to your personal property, you may be considering filing a lawsuit to get the compensation you deserve. You have spent money on medical treatments, you have had to miss days from work, or maybe even lost your job and are in a tough financial situation. At this point, you may be trying to come up with a number in your head and imagining all sorts of amazing results from your potential lawsuit. However, how realistic is this scenario?

It may be, providing you give your lawyer all the necessary evidence to prove the extent of your injuries and damages and you build a very strong case. And even then, your case may never end up going to court.

 

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What factors play a role in the outcome of personal injury claims?

Insurance companies generally value these cases by taking into considerations such items as:

The extent of your injuries – This means that if you have only superficial injuries you will not get nearly as much as if your injuries are much more significant and extensive. Also, how much is needed in medical treatments to restore your health. They will also look at the amount you are claiming for pain and suffering and see if it is justified by your injuries.

The extent of damages to your personal property – Such as if your car barely received a scratch or was totaled.

The insurance policy of the defendant – This may put a solid cap on your claim since they will not offer you a settlement over the policy limits.

It may work in your favor to hire an experienced car accident attorney who can not only present your case much more convincingly but also negotiate much better on your behalf and take the necessary steps to involve the court.

How much compensation do personal injury cases typically receive?

A typical amount for this type of case lies between $3,000 and $25,000. Some receive more, making the average fall just above $50,000. These numbers tend to be much higher when a car accident attorney is in the picture.

 

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What is the most common outcome in personal injury claims?

A very small percentage of these cases end up in court. This happens because trials tend to be quite time-consuming and expensive, as well as risky for all parties involved.  The great majority of cases receive a settlement and never see the inside of a courtroom.

Will the insurance company give you a first offer that is reasonable?

Definitely not. Unless your case is not worth more than the insurance policy limits. Also, insurance companies know that people without an attorney are generally not good negotiators and can end up leaving quite a bit of money on the table.

By adding an experienced, aggressive lawyer to the mix, you can be sure that the amount for pain and suffering, for example, will be well established as well as the amount you are asking for your medical treatment.

You will not get a second opportunity to do a good job on your personal injury claim. Talk to a traffic accident attorney as soon as possible, and explain to them exactly what happened.

 

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