You were recently injured in a car accident, and now you’re wondering how much of a settlement you could receive to cover your medical bills, car repairs, loss of wages, and other expenses.
Here’s some information on how much you could receive depending on your out-of-pocket costs.
What Will My Settlement Be?
Typically, a settlement is three times the cost of your medical bills. So if your medical bills totaled $5,000, you might be able to get a $15,000 settlement.
However, this is just a rough estimate. There are other factors that could potentially increase your settlement as well.
Damages in a Car Accident Case
When you hire a personal injury lawyer to pursue a settlement, they will go after the highest settlement they think they can get for you. In the settlement request, they may include economic and non-economic damages like:
- Your medical bills
- Future medical care
- Loss of wages
- Car repairs and repairs to other personal belongings
- Pain and suffering
- Emotional distress
- Loss of enjoyment of life
Your damages will be higher if your injury is more serious. For example, if your legs are broken, you need surgery, and you’re out of work for a few months, then your potential settlement could be more.
To ensure you have a chance of receiving a proper settlement, you should collect evidence such as photographs and witness statements when the accident happens, as well as go to the hospital right away to assess your injuries. If the insurance company offers you a settlement, don’t take it, since it’s not going to be enough. Instead, get in touch with a personal injury lawyer ASAP.
Getting in Touch With a Personal Injury Lawyer
If you would like to pursue a settlement after a car accident, then contact the personal injury firm Gash & Associates. Gash & Associates help clients throughout Westchester County. We offer free consultations. Reach us now by calling (914) 328-8800.