Compensation after a Car Accident: How Much Should You Expect? Part 3

Welcome back to the third post in our series on car accident compensation. Hopefully this series has been helpful to you in understanding what you can expect to receive from your car accident settlement. While you might not know the exact amount right now, you’ve learned that there are several different factors to consider after you’ve been in a car accident. For that reason, it’s best to work with an experienced lawyer who can help you get the money you deserve.

This is our final post in this series. So far we’ve covered several different topics, including:

• Medical bills
• Lost income
• Lost earning potential
• Pain and suffering

Today we’ll talk about a few more of the factors that are considered when an insurance company adjuster is putting together a settlement for you.

Future Medical Expenses

Depending on the severity of your accident, you may or may not have future medical expenses to look forward to. As we’ve said in the past, every accident is different. If yours was relatively minor, your lawyer might recommend waiting until your doctor has released you from treatment before pursuing your case. That way he has an accurate number to bring to the insurance company for compensation. However, sometimes an injury is something that can affect you for the rest of your life. In those cases, your lawyer might work with the insurance company to come up with an amount that will cover those future medical expenses. This is very important because if your settlement does not take this into consideration, you could end up having high medical bills down the road with no way to submit them for payment.

Property Damage

Getting compensated for property damage will require you to get an estimate, or maybe even more than one estimate, for the damage that was done to your vehicle. If only minor repairs are needed, this will be a fairly quick process. However, if you are in need of major repairs or even total car replacement, it could be very lengthy. The best way to proceed is to talk with your lawyer. He will be able to advise you about which garage to take your car to and whether or not you need more than one estimate.

Your car accident settlement is so important. That’s why it’s never recommended for anyone to take on their own car accident case. With so many intricate pieces that go into putting together your settlement, only a qualified attorney can provide you with the legal insight and advice you need to know how to proceed. It’s very common for car insurance companies to offer an amount that’s much lower than what you deserve, and if you don’t have legal guidance, you might accept it.

The best legal advice comes from a lawyer you has experience with this type of law and who has been successful at helping others in similar situations. If you need to make an appointment for your consultation, please contact us.

Related Posts:

  1. Compensation after a Car Accident: How Much Should You Expect?
  2. Compensation after a Car Accident: How Much Should You Expect? Part 2

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