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How Much Is Your Auto Accident Compensation Worth?Damages resulting from car accidents are designed to compensate victims for their losses. They can include costs of property damage and medical bills. Other damages aren’t economic, such as suffering and pain.In New York you have three years from the time of an accident before you bring a lawsuit. But, if you wait too long could hurt your case. Evidence can be lost over time or destroyed. Witnesses might not remember important details.DamagesIn the event of a car crash victims could be awarded compensation for the economic loss they suffered for medical bills and lost wages. Additionally, they may be compensated for non-economic damages, like suffering and pain. The amount of your claim is worth depends on the extent of your injuries and their impact on your life.A skilled attorney for auto accidents will help you determine the worth of your injuries as well as damage to property, and negotiate a fair settlement with the insurance company. Insurance companies are in the business of making money. They will do all they can to settle your claim as cheaply as they can. Therefore, you require an attorney who understands how to ensure that you receive the maximum amount of money that you deserve.In addition to the expense of repairing your vehicle, you may also be eligible to claim compensation for any personal items that were damaged during the crash. Jewelry, clothing, and shoes are all covered. You may also be eligible for compensation for the costs of garden maintenance, housekeeping or childcare, if you are unable to do these tasks due to injuries.Your deductible is also a part of the equation when determining how your claim is worth. You’ll need to pay your deductible before the insurance company can begin paying for damages. You may then bring a lawsuit against the driver who was at fault to recover any remaining amount of your damages.Medical billsMedical bills resulting from a crash in a vehicle can quickly rise. The average cost of an ambulance ride, a hospital stay and inpatient care can be tens of thousand dollars or more. The cost of prescription medication, physical therapy, and other therapies can rise as the injured person recovers.When the driver is found be at the fault of a lawsuit, they are accountable for the victim’s damages, which includes medical costs. The law does not require that the at-fault driver to pay the medical expenses of their victim on a regular basis.If you don’t reside in the state of no-fault your first step in getting compensation for medical bills is to apply for PIP coverage (personal injury protection). This insurance may be able to cover all or a large portion of your medical costs, dependent on the policy limits.You must also file a claim against the liability insurance of the driver at the fault, and your own uninsured motorist insurance policy. These policies can reimburse you for medical expenses, but they typically include deductibles or other terms. A seasoned lawyer can help you to navigate the process of getting your medical bills paid. This will allow you to reduce the amount you spend on medical bills and concentrate on recovering.Loss of wagesAccidents involving vehicles can result in you missing work. auto accident law firm santa maria can result in you being without a paycheck and struggling to pay your bills. You might need to take out loans from family members or friends. It could take months to settle your case. In that time, must continue to pay your bills out of your own pocket and wait for your settlement.You can get back your lost wages if been injured in a car accident. This can include hourly earnings and salary, but can also include other financial advantages like raises and bonuses. An attorney can help determine the amount of lost earnings.You can either file a claim with an insurer with no fault or pursue the party at fault for lost wages. The claim typically includes your medical expenses, proof of missed work due your injuries, as well as evidence of your loss of earnings capacity. It is commonly called a demand package.You’ll need to provide a letter from your employer which confirms the specifics of your employment and the days you were absent due to your injury and the hours you usually work. You’ll also need to submit your pay slips and tax documents. Your attorney can assist you in gathering these documents and making a compelling request to present to the insurance company or judge in your case.Suffering and painWhile some expenses associated with an accident can be calculated to the penny–such as medical bills, emergency services as well as surgery costs, medications and lost wages, others aren’t. The unquantifiable damages are referred to as pain and suffering and are an important part in the compensation claim of a victim.Both the physical and emotional effects of an accident are as a result of suffering and pain. The injuries of a victim may have a lasting impact on their life which can lead to permanent disabilities or even death. For example, an injured victim suffering from a debilitating brain injury may never be able to work or function normally again. These kinds of injuries are often worth an enormous settlement.In the majority of instances, the amount of pain and suffering that a victim experiences is contingent upon the extent of their injuries and how the accident has affected their lives. A knowledgeable attorney will study the specific details of your case and determine an appropriate amount for settlement. They will use previous settlement amounts for similar injuries as a basis in order to give you an idea of what your case is worth.Insurance companies try to undermine the claims of victims for pain and suffering, by claiming that their injuries were not enough severe. A skilled lawyer will resist these tactics and negotiate on behalf of you with the insurer to ensure that you receive a fair settlement.