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The basic formula insurance companies use to calculate auto accident settlements is: special damages x (multiple reflecting general damages) + lost wages = settlement amount.
If you got into a car accident that was not your fault, you have a right to hire a lawyer.While you do not need to seek legal counsel, a car accident lawyer may help you file a claim or lawsuit against a negligent party.
It's recommended you contact a personal injury attorney as soon as possible following the accident. Why? The at-fault party will immediately notify his insurance company, who will then try to get in touch with you to discuss what happened.
1. The Car Accident Caused Serious Injury or Death. If anyone was seriously injured or killed in the car accident, contact an experienced accident lawyer right away.You may need to file a personal injury lawsuit against the at-fault driver to recoup the cost of the medical treatment for your injuries.
Even in minor car accidents, you should have a personal injury attorney look at your case before agreeing to any settlement! They can help you get the most compensation possible for your case. That way you will not have to come out of pocket for your car and medical bills.
Your average car accident settlement might be approximately $21,000. It is likely to fall somewhere between $14,000 and $28,000. The settlement is generally higher for more severe or permanent injuries. You'll also get paid more if the other driver was found to be driving under the influence.
Anytime you are injured in a car accident you should consult a car accident attorney. Doing so will ensure you get the best advice possible on how to proceed with your claim. Most of the time an attorney will be needed in order to get you the compensation you deserve.