How Is Car Accident Injury Compensation Calculated?

Getting into a car accident is always a harrowing experience, especially if you have injuries resulting from the accident.

Aside from getting your medical needs tended to, you typically have to also deal with your loss of income, your vehicle repairs or replacement, and of course, the rigorous journey towards recovery and rehabilitation from your injuries.

When you have all these things going on, it’s understandable if car accident injury compensation is one of the things that stray far from your mind. Nonetheless, it is important to get yourself a top injury lawyer precisely for this purpose as soon as possible.

The reason for this? To ensure your prospects for compensation for your injuries remain high, and the sooner you get an attorney on your personal injury claim, the better your chances are.

But, for the sake of curiosity, how exactly is car accident injury compensation calculated?

It involves a variety of factors, some having to do with you, some having to do with the circumstances involving your specific car accident.

Let’s take a look at some of these factors, and what they mean in terms of compensation.

Car Accident Injury Compensation Calculations

Right off the bat, there is an important thing to discuss when it comes to car accident injury compensation claims: just like snowflakes, no two cases are alike.

This means your accident, even though it may be similar to another one, could yield a completely different level of compensation based on other factors.

Put another way, calculating compensation from your car accident injuries is not an exact science. You will not ever be able to predict an exact number.

It is the circumstances of your accident that ultimately determine your settlement or award amount.

So, what are the factors that go into your car accident injury compensation calculations? Let’s take a look

Factors Going Into A Compensation Calculation

First, when talking about compensation for your auto injury… different claims will yield compensation from different avenues.

For example, if the claim is against someone with no insurance and no personal wealth or assets, you may find yourself in an unfortunate predicament. You may win a judgement in court, but it would serve little purpose if they have nothing to pay with.

Even though Florida requires insurance, that doesn’t mean everyone follows the law.

Even more than that, Florida’s minimum requirements for insurance are quite low. They require only $10,000 in personal injury protection and $10,000 in property damage liability. Even worse, you can only claim property damage liability. The personal injury protection is for the other party’s medical costs.

In an ideal situation, you will have gotten into an accident with someone who has full coverage insurance with adequate policy limits. This will allow you to cover your settlement offer or any jury award.

Here are some other factors that go into the calculation of compensation for your car accident injury.

Is The Case Going To Trial Or Will It Settle Beforehand?

This sounds like an irrelevant question. But, it’s actually rather important when it comes to your ultimate compensation amount.

Here is a fun fact for you: over 97% of civil cases are either settled or dismissed before trial. That means it is very likeyly your case will get settled out of the courtroom. But, in the event your case does go to trial, make sure you have an attorney who is courtroom tested.

Court fees can be significant.

Who Was At Fault In Your Car Accident?

If you are completely blameless in the accident, and that is indisputable, you are in good shape.

However, if you are partially or even mostly to blame for the accident that caused your injuries, your case is far weaker than you would otherwise have.

With that said, even if you do have partial fault, compensation is still possible.

How Well Is The Accident Documented?

The scene of the accident is usually the only evidence you have of exactly what happened, unless the incident was caught on camera somehow. With that said, capturing the scene of the accident is no easy task.

First off, your injuries may be too severe for you to even worry about documenting the scene. Second, if you get into a wreck on a busy road, authorities typically get all the vehicles moved to a more discrete location and that affects the scene.

But, if you are able to, and it is safe to do so, get as many photos of your vehicle, their vehicle, and the surrounding scene as possible. You never know when something may prove to be very useful in litigation.

How Well Are Your Injuries Documented?

It is of upmost importance to document your injuries, maintain all doctor of hospital records and keep records of tests conducted, and medications needed.

If your injuries require ongoing rehabilitation, you need to keep going for as long as required.

People who quit rehabilitation, miss doctors’ appointments, or do not get treatments for their injuries are risking any compensation.

The number and severity of your injuries can also affect compensation.

** Naturally, you can claim damages for the amount of your medical costs

** You can claim mental damages as well

** If you have to miss time at work, you can possibly recoup earnings

If you want to get yourself substantial car accident injury compensation, look no further than the people’s lawyer!

You can speak with us for free. Call 904 LAW-1212 anytime, day or night.

There’s Never a Fee Unless We Get Money For You

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