Even if the other party is proven to be at fault, how do you know exactly how much your case is worth?
Here is some information that will help you understand how the injury claim is calculated after a car accident.
First off, they have your medical bills. This involves all the fees, all the additional charges, all prescription drugs and treatments that you paid for, and pretty much everything around your health and recovery.
Basically, all your medical bills (even the ones you didn’t pay out of your pocket) are taken into consideration and are added up to the value of your case. After that, you will have a clear picture of your medical costs. On top of that, you could receive additional value for having to endure pain and suffering. If you can prove that you were in pain during your recovery, you will be given a higher settlement.
Speak with one of the available Miami car accident lawyers and schedule your initial free consultation today to learn how you can increase your chances of winning the settlement you deserve.
The next thing that is taken into consideration when determining the full value of your case is property damage. This involves the damages done to your car during the accident. In order to calculate this one properly, you are going to need help from an experienced professional, one who can take a look at your car and tell you how much damage has been done. In addition, your car may have lost value (diminished value), and you may be able to seek compensation for that as well in some cases. It is important that you contact their skilled Miami personal injury attorneys so that they can help connect you with a professional who will help evaluate your case and tell you the true worth.
If the accident was caused by someone else, and if the fault is obvious, their attorneys will gladly help you receive the settlement you deserve.
The next thing that is taken into consideration is the loss of income. This involves:
- Past lost wages
- Future lost wages
- Loss of ability to earn income
Once everything is taken into consideration, you will know exactly how much you should receive once the case closes in your favor. Keep in mind that in most cases, you will not receive the full compensation for your lost wages. Usually, compensation is anywhere between 50 and 75 percent. Again, this depends on many different factors, and the best way to find out more about how it is calculated, kindly contact Miami car accident lawyers.
The process may last up to 18 months, so don’t expect a quick settlement.