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What You Get From an Auto Accident Settlement The amount you receive from a settlement agreement for a car crash will depend on the severity of your injuries. Medical bills are more expensive for injuries that are more severe. Documenting your losses will maximize your settlement. Your lawyer can prepare a list of damages including medical notes, wages records, and eyewitness testimonies. Medical bills Medical expenses are usually the first thing people think about when injured in a car accident. In most personal injury cases, the law will cover these expenses. It may take months or even years until the at-fault driver is held liable through the court or settlement agreement however. In the meantime, victims accumulate medical bills that must be paid. Car accident injuries often require extensive medical treatment including surgery and physical therapy. The resulting medical bills can be quite high. It is essential for the victims to know that they shouldn't have to bear the cost of their own medical bills following a crash, and that the at-fault driver is accountable for paying these bills as part of their settlement for the accident. In some cases the at-fault party can pay for the victim's medical bills directly. In other cases, the victim's health insurance or med-pay coverage will pay these costs in the event that they increase. Based on the individual's situation and the type of insurance coverage, these costs can also be covered under rolling claims. In certain instances hospitals or health insurance provider might make a lien on a portion of the victim's final settlement. Fortunately, an experienced lawyer will help to negotiate these liens to ensure that more money is put in the victim's pocket. Loss of wages A car crash can cause havoc to your finances. In addition to your medical bills and property damage, you may have to pay for lost wages as a result of your injuries. New York law requires that your insurance policy for cars reimburse you for the loss of income, up to a maximum. Your lawyer will fight to secure the entire amount of your missed earnings. Paystubs or other forms of documentation for wages are the most commonly used method to prove the loss of income. Other relevant documents are bank statements, invoices and correspondence if you were self-employed. It is also important to have letters from your employer that substantiates the amount of time you missed due to your injury. If you suffer a permanent injury that restricts your capacity to work or prohibits you from working at all Your lawyer can consult an expert financial or economic expert to determine the future value of your earning potential. In this case the expert will analyze your age, education level and qualifications, training, career path, and tasks you're no longer able to perform. Our Syracuse car accident lawyers typically represent clients who were severely injured in accidents and are disabled from working. Not only do they have the right to compensation for lost wages resulting from accidents that were not their at fault, but they could be able to obtain additional compensation from the insurance of the car owner or driver who was at fault. Pain and suffering After a collision, car victims should be compensated for their emotional trauma and pain. However, because emotional distress as well as physical pain cannot be captured in a photograph or documented with x-rays, insurance companies tend to discredit these losses. It is important to have a knowledgeable personal injury lawyer to represent you in dealing with the insurer of the driver responsible for the accident. auto accident attorney sparks can help you gather evidence of all kinds to support your claim for damages. Medical bills and formal diagnosis, for example, can be used to prove the severity of a victim's injuries. A journal or diary that starts on the date of the accident and continues throughout recovery can also document symptoms of emotional distress and physical discomfort. The severity of your injuries can determine the amount of your settlement. For example, a spinal cord injury or severe brain trauma may result in a higher amount than a minor head injury that healed within three weeks. The settlement you receive from your auto accident will be affected by the value of your injuries. Your lawyer will assist you in formulating your damages and constructing an argument that is strong enough for you to receive the maximum amount of compensation that you deserve. To learn more about the types of damages awarded in a New York auto accident lawsuit get in touch with an experienced attorney. Damages As we mentioned above, settlement awards are intended to compensate car accident victims for their financial losses. The amount of compensation will depend on the severity and degree of the injuries suffered by the victim, as well as the amount of the victim has lost in the form of work absence or property damage. Additionally, an award could also include non-economic damages, such as suffering and pain. Insurance companies use a formula for calculating the amount to pay. These damages are difficult to quantify however, they can be calculated. A multiplier, usually based on medical expenses, is added to the quantifiable costs to determine a settlement amount for non-economic damages. Permanent impairments and severe injuries typically result in higher settlement amounts than injuries that are minor or temporary. An accident in the car is a traumatic experience that can drastically alter your life. The amount of settlement won't cover these losses, but it can help victims overcome their financial difficulties and return to normal. A lawyer who has experience will be able to evaluate your case and advocate for an amount that is as likely to be as high as it can be. Although it might be tempting to settle for less than you deserve, this could impede your future recovery. You give up your right to sue or file additional claims related to the accident after you sign the settlement agreement.