Car accident injuries can be devastating. You could be left with mounting medical bills, lost income, and confusion and concern over how you’re going to pay your bills and support your family. On top of that, you have to deal with a car accident injury claim during your recovery.
Car accident injury settlements can help you cover the costs related to your injuries, such as medical bills, car repairs, and lost wages. If you’ve been in a car accident in Fayetteville, you may be wondering what the average car accident settlement is. Continue reading to find out.
How Do I Know If I Will Get Compensation?
Car accident injury expenses are typically covered by the at-fault driver’s insurance or your own insurance. If you were responsible for the accident, your insurance will likely cover the costs to repair or replace your car, depending on your policy.
If another driver’s carelessness caused the car accident, you should be compensated by their insurance company. In many cases, the at-fault driver’s insurance company will give you a lower offer than needed to cover all your medical expenses, property damage, or loss of income.
Every Case and Settlement Is Unique
Many factors go into determining the cost of your settlement from a car accident injury claim. If the case goes to court, the insurance adjuster — or the judge — will consider the type of injuries you sustained, the treatment you needed, any loss of current or future income, and the damage to your vehicle. Whether your injuries are permanent or short-term will also influence the compensation you receive.
In some cases, a settlement is only offered once the medical treatment is complete. That can present challenges under certain circumstances, such as an injury that only appears minor at first. If you’re negotiating with an insurance company and still undergoing treatment, be sure to let them know to avoid settling for less than you deserve for your expenses.
How Is Compensation Calculated?
While there’s no clear formula to calculating car accident injury settlements, insurance companies have some guidelines. For example, you’ll likely be reimbursed for the damage to your car based on your policy limits.
Injuries are calculated a bit differently. You can determine a rough estimate by adding all your expenses for medical bills, car repairs, and lost wages, then multiplying that amount by three. Settlements may be higher or lower, depending on the circumstances of your accident and the extent of your injuries.
Call The Niblock Law Firm
Car accident injury settlements can be confusing and complex, but an experienced car accident injury attorney can help you build a strong case. Our attorneys can seek the compensation you didn’t know you were entitled to, negotiate with the insurance company, and take on all the burdens that come with a legal pursuit for compensation while you focus on recovering. At The Niblock Law Firm, our team is prepared to fight for your rights. We’ll work to seek the compensation you deserve for your injuries. Call 479-521-5510 or fill out the online form to get your free case review!