What’s the Average Car Accident Settlement?

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Were you involved in a car accident? You’re probably already dealing with medical bills, insurance payments, and emotional distress. Have you looked into getting a Houston Car accident lawyer yet?

There’s never a good time for a vehicle collision with collateral, but there are ways to lessen the impact and emotional cost. How would you feel being reimbursed fully for the money that you’ve already paid out? It can include lost wages, physical or psychological trauma and the cost of replacing your car, and only some skilled lawyers will help you receive it.

Working with the Best Car Accident Attorney in Houston

HERE’S HOW IT WORKS:

If you’ve experienced a car accident, you may feel the impulse to trust insurance to pay for everything—a new car and doctor’s bills. If you’re covered for collisions and the crash was your fault, the insurance company will pay to fix your car. If the damages cost too much, the insurance company may consider your car totaled and pay you it’s current value. When another driver’s negligence caused the wreck, his or her insurance company will do the paying out, though the amount may be much lower than you deserve.

It’s the insurance company’s job to provide you the lowest acceptable amount for a settlement. They may even attempt to say that you were able to work the whole time you were injured. As you can see, the funds are easy to access but getting what you feel is a fair amount is much harder.

How to estimate an average car accident settlement

IT’S EASIER THAN YOU THINK.

Reimbursement for car repairs and medical bills will almost always reflect the amount that you paid into insurance, but a lawyer can help you negotiate a more adequate settlement.

For a rough estimate on a fair car accident settlement, add up your expenses for medical bills, car repairs and lost wages and multiply that sum by three. Two factors that will change this are the severity of your permanent injuries and whether the other driver was driving under the influence. Going through their insurance? Your limit is their policy maximum.

Injured in an automobile accident?

MAKE SURE THAT YOU MOVE QUICKLY.

If you’re working with an insurance company, let them know if you’re still going through medical treatment. Document everything related to the accident, including gathering doctors notes for missed work days and receipts for treatments. You will have two years from the date of the accident to file a lawsuit.

Working with a personal injury lawyer can help you go through the process with minimal distress and adequate compensation. The last thing you’ll do is wonder if you could have done more to recoup the value of your pain and suffering.

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