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What You Get From an Auto Accident Settlement The amount you get for the settlement of a car crash is contingent on the degree of your injuries. Injuries that are more severe will result in greater current and future medical bills. Documenting the losses will help you maximize your settlement. Your lawyer can compile a list of all relevant damages that include doctors' notes, wage records, and eyewitness testimony. Medical bills Medical bills are often the first thing that people think about when injured in a car crash. In the majority of personal injury cases, the law covers these costs. However, it may take months or even years before the at-fault motorist is held accountable through a court ruling or settlement agreement. In the meantime, victims accumulate medical bills that must be paid. Injuries from car accidents typically require extensive medical treatment including surgery and physical therapy. The associated medical costs can be quite high. It is important that victims know that they don't be responsible for their own medical bills following the crash. Instead the at-fault driver is accountable for them as part of the settlement agreement for the accident. In some instances, the at-fault party will pay for the victim's medical bills directly. In some cases the victim's health insurance coverage or med-pay will pay these costs when they become. Based on the individual's situation and the type of insurance coverage, these bills could be covered under rolling claims. In some cases, a hospital or health insurance provider may create a lien against a portion of a settlement of a victim. Fortunately, an experienced lawyer can help negotiate these liens in order to get more money into the victim's pocket. Lost wages A car accident can wreak destruction to your finances. In addition to your medical expenses and property damage, you may have to pay for lost wages as a result of your injuries. New York law requires car insurance policies to compensate you for the loss of income, up to a certain limit. Your lawyer will fight to get you the full amount of the lost wages. The most commonly used method to demonstrate lost earnings is to provide paychecks or other documents related to wages. If you were self-employed or worked on commissions, other relevant documents include profit-and-loss statements, receipts, invoices and bank statements, and finance-related correspondence. Correspondence from your employer which confirms the number of days/hours you were off work due to your injuries is equally important. If you suffer from an injury that will permanently limit or hinders your ability to earn the income you desire, your lawyer will seek out an economist or financial professional to determine your earning potential. In this kind of situation the expert will evaluate your age, education level, credentials, training along with your career tracker and the job duties you are unable to no longer perform. At Michaels Bersani Kalabanka, our Syracuse car accident lawyers frequently encounter clients who have been severely injured in accidents and not work. They are not limited to a no-fault loss of wages, but may be able to get additional compensation from the at-fault motorist's or car owner's insurance. Suffering and pain Following a collision, car victims of accidents should be paid for their emotional distress and pain. Insurance companies tend to ignore emotional pain and distress due to the fact that they are not documented with x-rays or photos. This is why it's so important to have a competent personal injury lawyer in your corner when dealing with the at-fault driver's insurer. Your Queens injury lawyer can assist you gather evidence to support your claim. Medical bills and formal diagnosis, for example, can be used to demonstrate the severity of a victim's injuries. auto accident attorneys hollywood or journal that begins on the date of the accident and lasts throughout recovery can also document signs of emotional distress and physical discomfort. The severity of your injuries will affect the settlement you receive. For instance, a severe spinal cord injury or a severe brain trauma could result in a larger settlement than a minor concussion that healed within three weeks. The amount of your injuries are an important element that will impact your auto accident settlement. Your lawyer will help you determine your damages and develop a strong case to get the full amount of compensation you deserve. Contact a seasoned lawyer today to find out more about the various kinds of damages that can be awarded in the course of a New York car accident lawsuit. Damages As we discussed above settlement awards are meant to compensate victims of car accidents for their financial losses. The amount of compensation will depend on the severity, and the extent of the injury suffered by the victim in addition to the amount of money they have lost because of missed work or property damage. In addition, the award may also cover non-economic damages such as pain and suffering. These damages are not easily quantifiable, however insurance companies use a formula to determine much they should pay for these damages. A multiplier, often determined by medical expenses, is added to the quantifiable expenses to determine a settlement amount for non-economic damages. Severe injuries and permanent impairments generally result in higher settlement amounts than injuries that are minor or temporary. A car accident can be a traumatic experience and the financial losses that come to it can be devastating. Although settlement won't be enough to eliminate the loss, it could give victims get through their financial burdens and restore a sense of normalcy to their lives. A lawyer who has experience will know how to evaluate your case and fight for an amount that is as high as is possible. Although it might be tempting to settle for less than what you deserve, this could impede your future recovery. Once you sign a settlement agreement, you are giving up the right to file additional claims or sue in court for any further losses related to the accident.