What You Get From an Auto Accident Settlement The amount you are awarded for the settlement of a car crash is contingent on the extent of your injuries Medical bills are more expensive for more severe injuries Documenting your losses will help maximize your settlement Your lawyer can create the list of all relevant damages, which includes doctor's notes, wage records, and eyewitness testimony Medical bills When people are injured in a car accident medical bills are typically on their minds In the majority of personal injury cases, the law will cover these expenses It could take months or even years before the driver at fault is found to be responsible by a court verdict or settlement agreement, however In the meantime, victims accrue medical bills that need to be paid Car accident injuries typically require extensive medical treatment which includes surgery and physical therapy Medical expenses can be costly It is crucial for victims to know that they shouldn't be forced to shoulder the financial burden of paying the medical bills themselves after an accident, and the driver at fault is responsible to pay them as part of their accident settlement In some cases, a person at fault is required to pay directly for the victim's medical expenses In other cases, the victim's health insurance or med-pay policy will pay for these costs when they become These bills may be covered by rolling claims based on the victim's insurance coverage and the situation In certain cases the hospital or health insurance provider will create a lien against a portion of the victim's eventual settlement An experienced attorney can negotiate these liens to put more money in the pockets of the victim Lost wages A car accident can be devastating to your finances You could also be required to pay lost earnings due to your injuries in addition to medical bills and property damage New York law requires car insurance policies to compensate you for the loss of income, up to a specific amount Your lawyer will fight to secure the entire amount of your missed wages The most commonly used method to demonstrate lost earnings is to submit your pay checks or other documents related to wages If you were self-employed, or worked on commission, other relevant documents include profit and loss statements, invoices, receipts, bank statements, and financial correspondence Correspondence from your employer which confirms the number of days/hours that you missed work because of the injuries you sustained is also important If you suffer from an injury that is permanent and reduces or stops your earning capacity the income you desire, your lawyer will seek out an economist or financial expert in order to determine your future earning potential In this case the expert will evaluate your age, education and qualifications, training, career path, and tasks that you are no more able to perform At Michaels Bersani Kalabanka, our Syracuse car accident lawyers frequently deal with clients who are injured in accidents and not work Not only do they have the right to compensation for lost wages resulting from accidents that were not their negligence, but they could also be eligible for additional compensation through the insurance company of the driver or car owner who was responsible Suffering and pain Car accident victims deserve compensation for the emotional distress and pain they feel following an accident But, since emotional stress and physical pain can't be captured in a photo or documented with xrays, insurance companies tend to deny these losses This is why it's vital to have a professional personal injury attorney to represent you when dealing with the insurer of the driver at fault Your Queens injury attorney can help you gather evidence to support your claim For instance, a victim's medical bills as well as written formal diagnoses can establish the severity of their injuries A diary or journal that begins on the day of the accident and lasts throughout recovery can also capture the signs of emotional distress as well as physical pain The degree of your injury will determine the amount of settlement you receive A spinal cord injury or severe head trauma, like could result in a greater amount than a minor sprain which heals in 3 weeks Your settlement for an auto accident will be impacted by the amount of your injuries Your lawyer will assist in formulating your damages and constructing a strong case for you to receive the maximum amount of compensation you are entitled to To learn more about the types of damages awarded in a New York auto accident lawsuit contact an experienced lawyer Damages As we discussed above, settlement awards are intended to compensate victims of car accidents for the financial loss they suffered The amount of compensation awarded will depend on the severity, and the extent of the victim's injuries, as well as the amount of money they've lost as a result of work absence or property damage https//vimeocom/706750511 can also include noneconomic damages such as pain and suffering Insurance companies use an algorithm to calculate the amount they have to pay These damages are difficult to quantify but they are able to be calculated A multiplier, typically based on medical expenses, is added to the quantifiable cost to determine a settlement amount for non-economic damages Major injuries and permanent impairments are usually rewarded with higher amounts than minor injuries or injuries that are temporary A car accident can be a traumatic experience and the repercussions with it can be life-changing While settlements won't completely eliminate the loss, it could give victims get through their financial challenges and restore a sense of normalcy to their lives A car accident lawyer with experience is able to assess your case and negotiate the best settlement likely to be as high as it can be Although it could be tempting to accept a lower amount than you're entitled to this could affect your future recovery If you sign an agreement to settle, you have given up the option to file additional claims or seek justice to recover any additional damages related to the accident