If you’re ever in a car accident, then you will quickly realize how much it can cost you. You’re looking at thousands of dollars in medical bills, lost work and repairing the damage to your car. You might even have to cover the second party’s insurance costs. But did you know you can claim against the responsible party? & How Much To Expect From a Car Accident Settlement?

How Much To Expect From a Car Accident Settlement?

Car accident settlement is often a preferential option for both people and insurance companies to stop the case going to trial. This can turn into thousands more in legal costs that most people can’t afford, especially if they’ve just been through an event as life-changing as a car accident.

Court Trials

A settlement means that you still get justice and recourse without having to take the case to trial. Something that can take weeks, months or years and might not even get you the result that you need when the case concludes. Overall, car accident settlements are easier than a trial in court.

A responsible, knowledgeable lawyer can help you put your case together – and you are entitled to claim damages in a car accident settlement, especially if it’s affected your life.

Settlement

If you want to estimate just how much you are able to get in a car accident settlement, there’s an easy equation that can help you get a rough estimate. Add up your medical costs, repair bills and insurance costs – and multiply this number by three.

There are other factors that can be included in the claim depending on the severity of the accident, including for specific injuries (like injuries to the spine or neck) or for trauma and suffering (for the psychological effects of the event) – this might increase the value of your claim.

Also be sure to check the laws of your state when it comes to car accident claims, laws and settlements.

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