If you have been in a car accident, you might wonder how much you can expect to receive as a settlement amount from the insurer. Florida is a No-Fault State. According to Florida Law, if you have got injured in a car accident due to someone else’s negligence, you are entitled to compensation for all your losses. Florida Law ensures you can file a lawsuit against the negligent party and get fair compensation from the insurer. A car accident claim considers many a factor while determining the right compensation. The claim is calculated while considering factors based on damages and experiences.
Crash victims who suffer from minor property damage would receive less money from an insurer to settle a claim than those who lose their loved ones to an accident or sustain permanent injuries. The Florida Personal Injury Lawyers are here to guide you through your personal injury case with knowledge and expertise, strongly represent you, negotiate on your behalf, and help you receive fair compensation for all your losses. The attorneys are always by your side. Let’s have a detailed insight into how much compensation you can expect after you have been in a car accident.
How to Calculate Car Accident Settlement Amount?
There is no such concept as an average car accident settlement amount, as it depends on several variables. Car accidents can range from no injuries to severe harm to fatal consequences, resulting in death. It does not help the victims to know the average car accident settlement amount, as every car accident comes with unique circumstances.
Victims with serious injuries are more likely to receive a heavy amount in compensation under the guidance of Orlando Car Accident Attorneys. On the other hand, car crash victims who sustain minor injuries would receive less money from an insurer to settle a claim. The pivotal factors influencing car accident settlement amounts are medical bills, lost income, pain and suffering, emotional trauma, and property damages. In addition, coverage limits of the insurance available and finding who is at fault impact the average car accident settlement.
Medical Expenses
In case the injured party has to spend a significant amount of medical expenses in the aftermath of the accident, it will add to the value of the settlement. The settlement for your medical bills depends on factors, including the type of care you receive, how long you have been under medical supervision, transportation expenses to and fro the hospital, surgery, or long-term care costs. Chances are high to receive a higher payout if your injuries require costlier treatment options such as on-site treatment. Car accident injury settlements must cover all the medical expenses associated with the accident.
Lost Income
As a result of the car crash injury, if you cannot work, the settlement will count the cost of the lost income. If the victim takes time to heal and returns to their job after a certain period, the compensation would include the number of days they are off from work. To claim for the lost wages in your claim, you need to show previous payslips to prove what you used to earn every month. The wages of the off days add to the calculation of the sum of compensation. Full recovery might not be possible, but your attorney tries to get you fair compensation for the lost wages when you cannot work.
Pain and Emotional Trauma
A car accident victim can claim compensation for the emotional stress caused by the accident injuries. You must sustain a physical injury from the car accident and the emotional pressure you feel from your physical damages. Calculating pain and suffering damages is very complicated and needs the assistance of a seasoned Florida Personal Injury Lawyer to claim the amount. Compensation against physical and emotional pain is a common non-economic damage calculated in the car accident settlement. Suffering includes issues like loss of enjoyment in life, inability to participate in any activities you love, anxiety, depression, loss of loved ones, loss of conjugal happiness, and low quality of everyday life.
Disability
If the accident victim loses the capacity to work after the accident due to long-term physical or mental injuries from a car accident, it can add to your settlement amount. Our Car Accident Attorneys help you receive compensation for your accident damages, adding the disability issue. Whether you have been disabled for a limited time or the impact exceeds, it’s a permanent issue; every detail will add up to your compensation.
Property Damages
If the car crash damages the injured party’s vehicle or other property, the replacement or repair amount can add to the compensation. The insurer who represents the driver who is at fault for the car crash will accept responsibility, provide a reasonable settlement, and offer the aim to avoid a lawsuit.
It is essential to consult with an experienced Orlando Car Accident Attorney who can help evaluate the specifics of your car accident case and offer you guidance on a potential settlement value. Our attorneys help you collect evidence to prove your pain, suffering, and damages. These will calculate how much money you should receive.
Other Variables that Affect Your Settlement Amount
The severity and seriousness of the victim’s injuries and how much work time you missed are not the only factors that add to how much money you should receive as compensation. It matters whether or not:
1. The victim sought medical attention right after the car accident.
2. All the injuries have resulted from the car accident injury.
3. The victim received more treatment than was necessary or visited specific practitioners the insurance company does not value.
How to Get the Most Money from A Car Accident
The Florida Personal Injury Lawyer can increase your car accident compensation and earn more than the average car accident settlement. These include,
1. Taking pictures of the accident spot, including any damage caused to your car and the other party’s vehicle
2. Talking to the witnesses at the scene
3. Receiving medical treatment immediately after the accident
4. Jotting down every single detail
5. Reporting the crash to the insurance company
6. Keeping a record of the injuries
7. Collecting the documents, including bills and medical documents
With extensive information, the victim party can help the personal injury attorney by proving it was the driver's fault. The victim’s party must ensure every damage and injury gets disconnected.
Final Reflections
In an ideal scenario, the car accident victim gets awarded with compensation for the exact amount of damages or losses they have suffered. They need the compensation immediately, but the insurance claim process rarely works smoothly. If a car accident victim is concerned about the outcome of the case, working with an experienced car accident attorney can help. The Florida Personal Injury Lawyer gathers all the proofs and enables you to receive the best compensation for all your losses caused by a car accident.
