What Goes into a Car Accident Settlement?

Car Accident Settlement

After a car accident, there are tons of considerations that need to be made. For the injured party, they will likely have to address both the cost of repairs on their car as well as any medical bills that may have piled up due to the crash.

But determining the amount of money that will be included in the settlement is a tricky process and can be confusing for most people without a background in the area.

In this article, we will review the topic of car accident settlements and show how having a car accident lawyer on your side will make this process so much easier.

Costs Associated with Car Accidents

To start, it’s important to consider the extent of the car accident in question. For example, some car accidents are simple “fender benders”. These crashes involve one car lightly bumping into the rear of another. Fender benders rarely require much in terms of repair on the car and there are generally few medical complications for either driver.

However, nearly every other type of car accident can have devastating consequences for any drivers, passengers, and cars involved. 

A more serious crash might destroy the car to such a degree that there is no hope of repairing the vehicle and it will have to be scrapped completely. Along with this type of accident often comes serious injury as well. Drivers involved in more damaging crashes can expect to suffer from any of the following issues:

  • Broken bones.
  • Cuts and scrapes.
  • Spinal cord injuries.
  • Traumatic brain injuries.
  • Concussions.
  • Whiplash.

Car Accident Settlements

In order for a car accident settlement to truly cover the cost of the accident, there are many factors that need to be considered.

As discussed in the previous section, both costs of repair to the car and costs related to the injuries sustained need to be factored in. However, the costs related to the injuries are not always immediately obvious.

For instance, if you’ve suffered a concussion as a result of the car accident, you may have had to take time off of work. If you’ve taken time off from work, you’ve likely lost a significant amount of pay. Therefore, you have less ability to afford things you and your family need from day to day.

Furthermore, you will likely have huge emergency room bills that weren’t necessarily fully covered by insurance. Even beyond the immediate emergency care, you will also probably need to undergo months of rehabilitative treatments such as physical therapy.

All of these costs can add up to many thousands of dollars.

Without the assistance of an attorney, your settlement may not cover all of these issues. This means that you are responsible for the costs indicated and, once your case is closed, you’ll no longer get any assistance as a result of the accident.

Car Accident Lawyers

Attorneys’ offices are standing by right now to take your call. They will help guide you and ensure that you get every penny you deserve. Don’t wait, call today!

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