How Much to Expect from Your Car Accident Settlement

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Getting into a car accident can be an extremely traumatic, terrifying and inconvenient experience. Will your life, health, and financial future ever be the same? When it comes to getting your car fixed and your health back after a car crash, how much time, money and effort will it cost you? How much will you receive in compensation from the driver at fault? Here’s a quick look at how your car accident recovery can proceed.

Getting the Highest Payment from a Car Crash

No matter the specifics of your car accident, the key to a happy financial outcome is finding an experienced car accident lawyer. An experienced attorney will help you with all your questions, deal with the insurance companies, help evaluate negligence on the part of the other driver, and make sure you get the best possible settlement to get your life back on track.

How Car Crash Settlements Add Up

Every car accident case is unique. The total amount you receive from your insurance company, the other driver and their carrier depends upon your lawyer’s experience and your specific, documented, out-of-pocket expenses as a result of the accident.

Car crash expenses can include:

  • Damage to your car, or replacement cost if it is considered totaled.
  • Damage to personal property inside the car, like a laptop or bicycle.
  • Car rental charges.
  • Certain out-of-pocket expenses, for instance, the cost of transportation to take you home from the accident site.
  • Medical expense reimbursement, including treatment and medications. Remember, symptoms of a seemingly minor car crash injury might not appear for weeks, or even months, after your accident. This is one of the major reasons not to accept a quick settlement offer from an insurance company.
  • Lost wages.
  • Physical pain, suffering and stress.

Crucial Auto Accident Injury Documentation

Keep all medical bills and receipts for your other expenses to support your case. You’ll need records showing your typical salary or earnings. To help establish the pain and suffering amount accurately, you should carefully document your pain in a log or diary, including when it affected you, for how long, and how intense or severe the pain was. You should note how your life has been changed, or limited, due to the pain and after-effects of your car accident. If necessary, you should consider seeing a psychotherapist to assess psychological effects. Collect statements from friends or family that back up your level of suffering. To calculate pain and suffering, auto insurance companies often multiply the total medical bills by a number, from one to five. The multiple is higher for more serious and long-lasting, or permanent, injuries.

Get an Experienced Knoxville Car Accident Lawyer to Fight for You

An experienced car accident lawyer can provide you with additional, essential advice specific to your case. To maximize your settlement, be sure to contact your lawyer immediately after your accident. This will ensure they can find important clues that support your case moving forward.

If you’ve been involved in a car accident and feel that you deserve to be compensated, contact our team for a free consultation.

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