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What You Get From an Auto Accident Settlement The amount of money you receive from a settlement in a car accident will depend on the extent of your injuries. Medical bills are higher when you suffer more severe injuries. Documenting these losses can assist in maximizing your settlement. Your lawyer can create the complete list of damages, which includes doctor's notes, wage records, and eyewitness testimony. Medical bills When someone is injured in a car accident medical bills are typically at the forefront of their minds. In most personal injury cases, the law covers the costs. However, it may take months or even years before the at-fault motorist is held accountable by a court decision or settlement agreement. In the meantime, victims accrue medical bills that must be paid. Car accident injuries usually require major medical procedures including surgery and physical therapy. The associated medical costs can be substantial. It is important that victims are aware that they shouldn't be responsible for their own medical expenses following a crash. Instead, the at-fault motorist should be held accountable for these costs as part of their settlement for the accident. In certain cases the at-fault party can pay for the victim's medical bills directly. In some instances the victim's health insurance coverage or med-pay may pay these expenses as they become. These costs can be covered by rolling claims depending on the coverage of the victim's insurance and circumstances. In some instances hospitals or health insurance company could create a lien against the settlement of a victim. Fortunately, an experienced lawyer can assist in negotiating these liens to ensure that more money is put in the pockets of the victim. Lost wages A car accident can wreak destruction on your finances. In addition to medical bills and property damage you could have to pay for lost wages as a result of your injuries. New York law requires that the insurance company that covers your vehicle reimburse you for the loss of income, up to a maximum. Your attorney will fight for the entire amount of the lost wages. auto accident lawyer pharr or other forms of documentation for wages are the most frequently used method to prove the loss of income. If you were self-employed or worked on commission, the other relevant documents include profit-and-loss statements, invoices, receipts and bank statements, and finance-related correspondence. Correspondence from your employer corroborating the number of days/hours you were absent from work because of your injuries is equally important. If you suffer a permanent injury that restricts your ability to work or stops you from working at all Your lawyer can consult an expert financial or economic expert to determine the value of your earning potential. In this instance the expert will look at your age, education level and qualifications, training, career path, and job tasks you're no longer competent to perform. Our Syracuse car accident lawyers typically represent clients who have been severely injured in accidents and are not able to work. They are not only entitled to no-fault lost wages, but they may also be able to get additional compensation from the at-fault driver's insurance or the car owner's insurance. Pain and suffering Car accident victims are entitled to compensation for the emotional stress and pain they endure after an accident. However, since emotional distress and physical pain cannot be captured in a photo or documented with x-rays, insurance companies tend to deny these losses. It is essential to have a seasoned personal injury lawyer on your side when dealing with the insurer of the person who was at fault. Your Queens injury lawyer can help you gather evidence of all kinds to support your claim for damages. For instance, a victim's medical bills and written official diagnoses can be used to prove the severity of their injuries. A journal or diary that begins on the day of the accident and continues throughout recovery can also document the signs of emotional distress as well as physical discomfort. The extent of your injury can also affect the amount of settlement you receive. For instance, a severe spinal cord injury or a severe brain trauma may result in a higher amount than a minor head injury that resolved in three weeks. Your settlement for an auto accident will be affected by the amount of your injuries. Your lawyer will assist you in the calculation of your damages and in building an effective case to get the full amount of compensation that you deserve. To find out more about the types of damages awarded in the course of a New York auto accident lawsuit Contact an experienced attorney. Damages As we discussed above settlement awards are meant to compensate car accident victims for financial losses. The amount awarded will depend on the severity of a victim's injuries and how much they've lost due to missed work and property damage. In addition, an award can also include non-economic damages such as pain and suffering. These damages aren't quantifiable, however, insurance companies use a formula to determine how much to pay for these kinds of damages. A multiplier, usually based on medical expenses, is added to the quantifiable cost to determine a settlement amount for non-economic damages. Injuries that are severe and permanent typically result in higher awards than minor or temporary injuries. A car crash is an incredibly stressful experience that could alter your life. The amount of the settlement won't cover these losses, but it can assist victims to overcome their financial challenges and get back to normal. A skilled car accident lawyer is able to evaluate your case and advocate for the best settlement possible. While it can be tempting to accept a lower settlement than you deserve, doing so could compromise your future recovery. When you sign the settlement agreement, you have given up the right to file additional claims or pursue court action for any further losses related to the accident.