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How to Know if Your Car Accident Settlement Offer is Enough

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April 23rd, 2019

After a car accident that was the result of someone else’s negligence, you may be left with hefty medical bills, lost wages, vehicle damage, pain and suffering, emotional distress, and other damages. The good news is that you may be able to secure compensation to cover these damages and move forward with your life.

Unfortunately, however, it can be tricky to receive a fair payout. After all, car insurance companies are in business to make money and often strive to pay car accident victims as little as possible. Keep reading to find out how to know if your car accident settlement offer is enough.

Did you incur injuries in a crash that was not your fault? If so, call a Detroit car accident lawyer from Davis Injury Lawyers, PLLC is ready to help you. To schedule a free consultation of your case, contact us today at (313) 462-7979.

Factors That Determine Car Accident Value

The severity of your car crash and types of damages you’ve sustained play a vital role in determining the value of your car accident. A Detroit personal injury attorney at our firm can help you figure out how much your car accident case is worth by considering the following damages:

Medical Bills

After a car crash, it’s likely that you’ll have to go to the hospital to seek treatment for your injuries. Medical treatment may leave you with bills for hospital stays, doctor appointments, prescription costs, and/or rehabilitation expenses.

Lost Wages

If your injury forces you to take some time off work in order to recover, or even prevents you from ever returning to work again, you may be able to claim current and future lost wages.

Vehicle Damage

Did the accident completely destroy your car, or does your car just need a new paint job? The way the crash damaged your vehicle will be looked at when determining the value of your case.

Pain and Suffering

The physical and emotional stress you may face after a car crash is known as pain and suffering. Although it can be tough to quantify pain and suffering, a lawyer can help you do so.

Disability and Disfigurement

If the accident has led to a permanent or temporary disability that has affected you physically and/or emotionally, this may be considered when determining the value of your claim.

Tips for Getting a Fair Settlement for Your Car Accident

Fortunately, there are some things you can do to prepare your case and claim, including:

Perform a thorough investigation.

A lawyer can assist you in gathering evidence such as police reports, witness testimony, medical documentation, and any other evidence that can help you prove the severity of the crash.

Not accepting the insurance company’s first offer.

Right after the crash, you can expect the insurance company to give you a call and try to convince you to accept an offer. Since this offer will likely be much lower than you deserve, you should refrain from accepting it.

Keep all bills and receipts.

Be sure to keep all medical bills as well as receipts from your auto repair shop and any other documentation that can be used to help put a fair value on your case.

Consult a lawyer immediately.

If you’d like to ensure your car accident settlement offer is enough, the importance of seeking legal representation should not be overlooked. A car accident lawyer can calculate the value of your claim and negotiate with the liable party’s insurance company on your behalf.

Contact a Detroit Car Accident Lawyer for Help

If you’ve been hurt in a car accident that was not your fault, reach out to Davis Injury Lawyers, PLLC as soon as possible. After evaluating your case and reviewing all the evidence related to it, we can calculate its value and fight for you to be compensated fairly. To schedule a free, initial evaluation of your case, contact us today at (313) 462-7979.