If were in a car accident, you probably have a lot of questions going through your mind. One of the most important – and timely, since you’re likely paying a lot of money out of pocket – is how much you can ask for in a lawsuit.
Let’s discuss the amount you can ask for a car accident settlement, as well as some other necessary information that you might find helpful.
How much can you ask for a car accident settlement?
It’s impossible to give you a definitive answer without knowing the details of your case.
However, the average bodily injury compensation in car accidents is around $20,000. Again, that figure is not representative of all car accident settlements, especially for those involving serious or life-threatening injuries.
It’s crucial to speak with a lawyer in your area immediately after the accident to find out how much you can ask for your settlement. The experienced Florida car accident lawyers at Lytal, Reiter, Smith, Ivey & Fronrath can help you figure out how much your settlement claim should be.
Which factors impact the amount of a car accident settlement?
Let’s discuss some of the most important factors that could impact your car accident settlement amount:
1. Severity of your injuries.
As mentioned above, car accident settlements are higher in cases where there is serious and/or long-lasting injury, such as a traumatic brain injury (TBI).
The settlement is meant to recompense you properly for your damages and losses. As a result, if you are suffering from severe injuries, the responsible party would pay for the cost of future care and possibly pain and suffering.
The basis for a solid car accident settlement is proving liability. Your lawyer’s capacity to reach a deal might help you get the settlement amount you deserve. You must prove the other driver was responsible for the accident that led to your injuries.
3. Medical expenses.
It’s common for the at-fault party to try and dismiss the matter by providing only the most recent medical costs as part of your settlement. However, agreeing to the deal quickly might exclude you from a larger sum in the future.
That’s why it’s always best to consult with a lawyer before accepting any settlement offer. A dedicated attorney from Lytal, Reiter, Smith, Ivey & Fronrath can help you decide if it’s in your best interest to accept a settlement or take the matter to court.
We’ll make a decision based on several things, including the advice of medical specialists who are familiar with injuries comparable to yours.
Your attorney will calculate the costs of any further medical treatments that you might require. Ambulance transportation, surgical services, emergency department costs, hospitalization costs, medication costs, physical therapy, diagnostic tests, rehabilitation, etc., are all medical costs you can include in your settlement claim.
4. The type of insurance policy.
The insurance policy type that both drivers have, as well as the policy’s maximum limits, also impact the accident settlement amount. The individual at fault has to be financially capable of paying a claim.
The majority of people carry insurance that will cover a claim. Strong insurance coverage will help you get a better deal on a car accident settlement. Moreover, the insurance limitations and the particular coverage in effect might also influence the settlement amount.
Sometimes, however, drivers without insurance cause accidents. As you can imagine, these cases are complex, so if you find yourself in this situation it’s best to call a Florida car accident lawyer as soon as possible.
How to Maximize Your Car Accident Settlement
To get the most out of your car accident settlement, you will need to gather evidence and plan your legal strategy ahead of time.
Developing a solid case through interviewing witnesses, generating concrete evidence, and leveraging the legal procedure to strengthen your position can all maximize the amount of your car accident settlement.
Negotiating successfully with the opposite side is also an important component of increasing your car accident compensation. Overall, you require a complete legal approach that establishes your claim from all perspectives.
Our attorneys are frequently recognized for their achievements as fierce defenders of injured Floridians. We work hard to earn you maximum compensation.
Contact a Personal Injury Lawyer Today
The amount you can get for your car accident settlement mainly depends on the case you can build. By now, you know how much you can ask for a car accident lawsuit – it comes down to hiring an experienced, capable attorney.
Call (561) 655-1990 now to schedule your free case consultation.