How Much Compensation After a Car Accident Should I Expect?
After the dust settles, you may find yourself wondering how much compensation after a car accident you can expect. If you’ve searched the internet for answers but they all seem complicated, that’s because the process isn’t as straightforward as you’d hoped it would be.
The amount of money you get from a car accident settlement depends on who is responsible, whether you or a passenger were injured, insurance liabilities, legal liability, and more. But often, it simply boils down to how good your car accident lawyer is.
If you want help pre-determining how much you might expect from your car accident settlement, keep reading!
Resolving a Car Accident Lawsuit
The question “how much compensation after a car accident” might depend on your insurance and whether you’ve already filed a car accident lawsuit. In the simplest cases, the process will go like this.
For starters, you will partner with a car accident attorney to file a lawsuit. If you’re the injured party and weren’t the one at fault, you are threatening to sue for damages.
That’s when the settlement process starts. When the guilty party pays you, the injured party agrees to drop the lawsuit or not start one at all.
It’s worth noting that many car accident lawsuits don’t even make it to court. Instead, they are resolved through this settlement process.
Lawyers will take the majority of the stress on during this process. They go back and forth with the other party’s lawyer, trying to settle on a number that’s doable for each client.
This seesawing negotiation process can take some time. But with your lawyer handling it, settlement is often the best way to reach a resolution.
If you’re wondering how much you’ll get, it’s important to be realistic with your car accident lawyer. They know their own negotiation strengths, and what is standard in your state. They can help adjust your expectations and come up with a reasonable estimate of where the process will end up.
How Is the Settlement Amount Determined?
There are lots of factors that go into the number your lawyer starts negotiations with. That’s because there are different categories of damages that the guilty party will be paying for, and they tend to add up fast.
For starters, there are medical expenses. Then, there are non-medical expenses that the injured party takes on. To be counted, these are directly related to the accident and can include lost income due to missing or losing a job.
Punitive damages also count. This is meant as a punishment to curtail the behavior of the offender that caused the accident in the first place.
The final category is payment for the pain and inconvenience the victim endured as a direct result of the offender’s actions. With the best car accident attorney, each of these categories will be given their due.
How Much Compensation After a Car Accident?
To get the most out of your claim, you’ll need to hire the best car accident attorney around. This is what sets Bruning Law Firm apart from its competitors. We’ll be able to assess how much compensation after a car accident you’re entitled to while helping you every step of the way.
If you or someone you know is in need of an accomplished attorney, contact us today. The Bruning Law Firm has the knowledge and expertise to help you with your car accident settlement.