How Is Compensation Determined In Car Accident Cases?

There are five major factors taken into account to determine the settlement amount in a personal injury claim resulting from a car crash. The first is the amount of money spent on medical treatments and related expenses, such as medicines and drugs, professional fees and hospital bills. The second is damages to property; if a personal injury is the result of a car crash, the compensation will include the cost of repair of the car or vehicle. The third category is the amount of money spent on car rentals while the vehicle is being repaired. And the fourth and perhaps most important factor is loss of income incurred as a result of the injuries suffered in the accident. Obviously, the length of time missed from work will be a big factor in the computation of the lost income. It is of the utmost importance, in order to present a strong case in court, to save all receipts related to the crash, both for medical and repair expenses. The last consideration is pain and suffering, and how the accident will affect your long-term quality of life.

If the accident resulted in a fatality, and negligence was involved, the legal concept of Wrongful Death comes into play, and compensation may be awarded for the damages suffered by the surviving spouse and offspring. Negligence may be reflected not only in the actions of the other driver, but also vehicle in manufacturing defects and street and highway defects, for example. In wrongful death cases, the settlement may include compensation for pain and suffering, loss of companionship, loss of protection, and economic loss with respect to the deceased’s potential earnings had he or she lived a full lifetime.

If you or a loved one has suffered personal injuries in a car accident, you may be entitled to money damages, and you should consult with an experienced lawyer. The Accident and Personal Injury Attorneys at Fenstersheib Law Group, P.A., have over three decades of experience in vehicular accidents. Contact us today, toll-free, at 1-800-TellRobert – our phones are answered 24 hours a day, 7 days per week. We will evaluate your claim free of charge and advise you of the necessary steps to secure your legal rights.