Factors That Determine Your Car Accident Settlement Amount

Hundreds of thousands of car accidents lead to injuries every year in Florida. Many of these car accidents are caused by reckless acts including driver distractions, intoxication, speeding, and many other related aspects. Many people who have been injured in a car accident will ask the question, “How much can I expect from my settlement?” Based on the specific details of your claim, you can find out how much you are owed in compensation. There are many aspects that work together to make this determination.

By speaking with a skilled attorney, you will be able to determine how much you are owed in compensation. Today we will focus on some of the factors that determine what settlement amount you will receive.

Factors That Help Determine Personal Injury Amount 

Liability: Liability is basically the foundation of all personal injury claims and whether or not your injury claim will be successful. Your ability to litigate your case lies in being able to prove that the other party caused the accident, resulting in all of your damages. You must show that another party owed you a duty of care, that they breached this duty of care, and that the breach led to your injuries. 

Medical Expenses: You might be offered a quick settlement by the other insurance company, but this might not cover all of your injuries and other damages. Many people are not prepared for how expensive their injuries can actually be and the expenses that tend to pile up in the future. If you accept a quick settlement, there is a good chance that you will not be able to bring a claim in the future if your injuries worsen.

Your attorney will enlist in the help of medical experts who can testify on your behalf so that you get the money that is owed to you. This will cover aspects like emergency department services, surgical services, hospitalization, and a variety of other aspects for now and in the future.

Ability to Work: The amount of work that you miss due to your injuries will have a big impact on the amount that you receive in damages. Courts will also look at any disability caused by the accident and if you will ever be able to return to work as a result. If you are not able to work, what type of financial impact will this have on your life? What if you have to take a decrease in pay because your injury caused you to change roles? These are important questions to ask so that you receive the compensation you deserve.

Out-of-Pocket Expenses: Many out-of-pocket expenses you may compensate for include the cost of renting a vehicle while yours is replaced, the cost of transportation to medical appointments, home modification costs, and the cost of home care.

Impact on Your Life: Another factor to consider is the impact that your injuries will have on your life from a mental standpoint. Accidents and serious injuries can impact your relationships with others, activities that you once enjoyed, and many other aspects. You might be able to receive reimbursement for pain and suffering.

Speaking with a Car Accident Attorney 

Being injured in a Florida car accident can be one of the most challenging things that a victim will face. It is made even worse when you feel as if you are standing alone in the midst of your injury case. If you are seeking damages after an accident, you should always speak with a skilled attorney at Sheftall & Associates so that you can move forward. Please contact our attorneys in Florida as soon as possible at (904) 638-7712 for more information.


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