How Much Can You Get from a Car Accident Settlement?
November 23, 2022
After a car accident, one of the first things on your mind is likely to be how much your case is worth—and the answer is that it depends.
Factors that can influence the outcome of your case include how badly you were hurt, how much your medical expenses cost, and whether or not you had to be out of work for the short or long term.
We can present compelling evidence of these losses and work to help you seek a settlement that compensates you for all of your damages.
How are Car Accident Settlements Calculated?
When you file an insurance claim or lawsuit, we will look at all of the ways that the accident has affected your life and your finances. We will perform a full investigation and ask you important questions to get the full picture of both your financial and non-financial losses. Then, we will put a dollar value on all of those losses when we approach the insurance company on your behalf.
We will investigate the following evidence in your case:
- The severity of your injuries and your prognosis
- Who was liable for the accident
Often, if your injuries were very serious, require ongoing care, led to a disability, or were otherwise very costly to treat, you can seek a higher settlement amount.
Also, depending on the details of your case, another driver could be the one responsible for paying you—or another party could have to pay. If a local government or a trucking company are deemed liable, for instance, you could potentially seek a settlement according to these higher insurance policy limits.
Share with Us How the Accident Impacted Your Life
The more the accident has changed or challenged your life, the more likely we will be able to seek a higher value for your case.
We may invite you to tell us more about how the accident has affected:
- Your ability to earn a living
- Your ability to enjoy life, such as former hobbies and activities
- Your well-being, including your emotional and psychological health
- Your relationship with your partner
How You Can Get a Sufficient Settlement After a Crash
Don’t assume that your case is worth a certain value no matter what you do. The fact is that you can take steps that could help (or hinder) the value of your case.
Seek Medical Assistance
One of the best things you can do is to seek treatment for your injuries if you were hurt in the crash—and to see the treatments through.
This gives you the chance to begin the recovery process while also providing valuable documentation of your injuries and prognosis, and how they are affecting you.
Refrain from Publicly Talking About Your Accident
On the other hand, we recommend that you avoid:
- Making a recorded statement to the insurance company
- Accepting an early settlement offer
- Posting about your accident and injuries on social media
- Making any statements about your own fault for the accident
When it comes to speaking to the insurance companies, we recommend that you seek advice from someone on our team first. We can tell you when and if you need to make any statements and help you understand the value of your case before accepting an offer.
Using social media to discuss your accident with friends and family can also backfire. It’s possible that an insurance company may use any statements they discover on your personal accounts in order to challenge or lower your settlement amount.
How We will Build the Strongest Case Possible
On our end, we will go to work to build the most compelling evidence possible and ensure that you seek compensation from the appropriate liable party, meaning:
- We can demonstrate the significance of your injuries through your medical records, doctor’s testimony, or other expert statements.
- Let’s say the other driver didn’t get a ticket for the accident. We can scour all forms of evidence showing they were responsible, such as traffic cameras, witness statements, cell phone records, and more.
- There are plenty of cases where the driver who caused the accident isn’t actually the person responsible for paying you. The liable party (the one who must pay you) could be a trucking company, a local government, a rideshare company, or another entity.
We will investigate your case thoroughly and ensure that the evidence we build makes the strongest case for your compensation. We can also make sure your case is on track to meet important legal deadlines and specifications, such as the deadline to file a lawsuit per NRS §11.190(4)(e).
Contact Our Attorneys Today to Learn More
We have obtained hundreds of millions of dollars for accident victims like you since we started out in personal injury law in 1983. Call us today at (702) 707-5934 to learn more about how we can help you, too. Your case review is free, and it costs nothing upfront to get started.
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I Was Injured In An Accident.
What Do I Do Now?
By Scott L. Poisson
Do I Have A Case?
Dealing With The Insurance Company
When a Lawsuit Is Filed
Overcoming Common Defense Themes
Special Considerations in Specific Types of Cases