How Is a Car Accident Settlement Calculated?

If you’ve suffered an injury due to another driver’s negligence in a car accident, you are entitled to compensation for the physical, financial, and emotional losses you experience. To obtain just compensation, you’ll file a claim with the at-fault party’s insurance provider, and your claim is very likely to be settled out of court – for an amount that is supported by the evidence. If you find yourself in the difficult position of being injured by another motorist’s negligence, reach out for the skilled legal guidance of an experienced Conway, SC, car accident attorney.

The Losses You Suffer

The impact of a car accident can leave you with very serious legal damages – or losses – and they generally fall into the following basic categories:

• Property damage to your car and its contents
• Your medical expenses, including those related to complications, secondary health concerns, and ongoing healthcare needs
• Your lost income, which can include career losses and losses related to earning potential
• Your physical and psychological pain and suffering, which can exceed your other categories of loss combined
• A critical component of your claim settlement is proving the full extent of your losses.

Evidence Supporting Your Claimed Losses

In addition to proving that the other driver’s negligence, such as excess speed or impairment, was responsible for your car accident, you’ll need to prove the extent of your losses in order to reach a settlement that supports your most complete recovery as well as your legal rights. The kind of evidence that generally plays a role includes all the following:

• Your related medical bills
• Photos of your injuries taken at the scene of the accident and as you moved forward toward healing
• Your doctor’s report regarding the extent of your injuries and the degree to which you are expected to recover
• The testimony of expert witnesses hired by your attorney who can knowledgeably speak to the extent of your losses
• Your own testimony regarding how the accident has affected your life and similar testimony offered by those who know you best

Settling Your Claim

Once your attorney has carefully assessed the full extent of your losses, they will engage in skilled negotiations with the insurance provider in a focused pursuit of a fair settlement. Only if the insurance company refuses to consider a fair settlement amount will your attorney advise you to file a lawsuit and pursue a court award that affords you the compensation to which you’re entitled and that you deserve.

Seek the Counsel of an Experienced Conway, SC, Car Accident Attorney

The knowledgeable Conway car accident attorneys at the Law Offices of L. Morgan Martin, P.A., are trusted advocates who will not settle for less than your claim is worth and have the resources and legal know-how to skillfully fight for a settlement that supports you and your best health outcome. We are on your side and here to help, so please don’t wait to reach out and contact us online or call 843-248-3177 for more information today.