In this article we would be explaining what to expect from a car accident settlement but first of all, you need to have a proper understanding of some of the terms we would be making use of. Settlement is referred to as an agreement that someone is paid after suffering injuries or damages from a car accident and it is called settlement because that is what is paid to settle or close the case.
For a settlement to be reached, the person injured here would need to file a claim against the driver at fault for the cause of his injury or damages. This claim would be directed at the other driver’s insurance company and before the other driver would be labeled at fault or guilty, he must be responsible for the cause of the accident.
In some way, their actions must have been negligent and negligent actions could mean a lot of things but they end up having the same thing in common and that is going against the safe and appropriate way or level of driving. This is why it is very important that every driver obey traffic laws and a drivers inability to follow laws is termed negligence.
These negligent acts has led to the death of many people and also led to many people getting injured. While learning how to drive we were told to at least give some space from the vehicle ahead and if as a driver you do not maintain that space and maybe run into the vehicle in front that just stopped then the driver is liable for the accident because he didn’t stick to the law, so he is going to pay for the damages incurred on the other vehicle. There are lots of ways anyone can get to figure out who is at fault in a car accident.
Law enforcement agents would visit the scene, talk to both parties involved in the accidents and also talk to eye witnesses. A report would also be issued and this report would be used in proving the driver that is at fault. One thing we want you to know as we mention the word settlement is a settlement doesn’t need to happen in court and this is also because it is highly unlikely for a car accident case to stand trial in a law court and this is because evidences gathered from the scene of the accident is enough to figure out who is at fault and who should pay for the damages.
What To Expect From A Car Accident Settlement
You are going to get compensated if you are involved in a car accident and another party is found to be at fault. There are two different types of damages when it comes to car accidents and they include non economic and economic damages. For all the damages that would cost money to leave your wallet like paying for medical treatment is referred to as economic and non economic damages are those damages that are not money related like disfigurement, disability, pain, anxiety and more.
Economic damages can also include paying for damages done to the vehicle, wages that was lost from work as a result of injuries gotten from the accident, future wages that would be lost because of not being able to meet up with your regular work time. I guess the next question on your mind right now would be how much can a person get as settlement from a car accident. These settlements in most cases are considered to be a one size fits all and this is because there are lots of variables that comes into play.
These factors or variables depends on the total amount of bills that you have received, testimony of an expert if you are fit to go back to work or not, your salary scale, testimony of an expert on future medical expenses and also the amount of pain and suffering that the accident must have out you through. Despite all of these, the amount of settlement that would be paid also depends on how good your attorney is at negotiating.
Your attorney is going to continue negotiating with them until they reach a just offer or settlement and not just accept any settlement immediately. Calculating your economic damages and also calculating some other factors that we have revealed to you might be a bit complex and could also vary from one region to another but they would help you in finding a suitable amount that would be just fine for you as settlement. This is because no matter how serious your injuries are, insurance companies would not take them seriously.