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How Much Is Your Auto Accident Compensation Worth?Damages for car accidents are intended to compensate victims of the crash. Some of the damages include medical bills, property damage and pain and suffering.In New York, you have up to three years to pursue legal action after an accident, but delay can be detrimental to your case. Over time, evidence can be lost or destroyed and witnesses may forget key details.DamagesIn the case of a car accident victims may be compensated for economic losses such as medical bills or lost wages. In addition, they could receive compensation for noneconomic damages such as discomfort and pain. The amount you can receive depends on the severity of your injuries and the impact they have on your life.auto accident law firm norman in auto accidents can assist you in determining the worth of your injuries as well as property damage, and then negotiate with the insurance provider for a fair settlement. Insurance companies are in the business to make money. They will do everything they can to resolve your claim as cheaply as they can. This is why you need an attorney who knows how to fight for the maximum amount of money that you deserve.In addition to the costs of repairing your vehicle you can also claim compensation for any personal items that were damaged during the collision. Jewelry, clothing, and shoes are all included. You may also be eligible for compensation for expenses related to housekeeping, gardening or childcare if are not able to do these tasks by yourself due your injuries.Your deductible is also part of the equation when determining how your claim is worth. You must pay your deductible prior to when the insurance company starts paying for damages. You can then sue the motorist who was at fault to recover any remaining damages.Medical billsThe medical bills that arise from a car crash can quickly accumulate. The cost for an ambulance ride, hospital stay or inpatient treatment can amount to the tens of thousands of dollars or more. The cost of prescription drugs, physical therapy, and other services can increase as the accident victim recovers.When the driver is found be at the fault in a lawsuit, they are liable for the victim’s damages including medical costs. However the law does not generally require an at-fault driver to pay the medical bills of their victim on a regular basis.If you do not reside in a state with no-fault laws, the first step to take for medical bill reimbursement is to apply to your auto insurance company for PIP (personal injury protection) coverage. The coverage could cover all or most of your medical expenses, depending on the policy limits.You must also file a claim with the insurance company of the driver at fault for any liability coverage they carry in addition to the uninsured motorist insurance on your own insurance policy. These policies may pay for medical costs, but they often have deductibles or other conditions. A lawyer with experience can guide you through the process of getting medical bills paid. This will help you reduce the amount you spend on medical bills, and instead concentrate on recovering.Loss of wagesInjuries from car accidents can keep you out of work. You might not be able to pay your bills, and lose income due to. You might need to borrow money from friends or family. A settlement could take months. In the meantime, you’ll have to pay the bills yourself and wait for the settlement.A claim for lost wages may aid in recovering the money you could have earned not for the car accident injury. This could include hourly wages and salary, but could also include other financial advantages like raises and bonuses. An attorney can help determine the exact amount of your loss of earnings.You can either file a claim with an insurer with no fault or sue the party at fault for lost wages. The claim will usually include your medical bills, proof of absences due to your injuries, and documentation of your lost earnings capacity. This is sometimes known as the demand package.You’ll need to submit a written statement from your employer which confirms the particulars of your work including the days you were absent because of your injury, as well as the hours that you normally work. You’ll need your pay stubs, tax documents and other relevant documents. Your attorney can assist you gather these documents and prepare an appealing demand package to present to the insurance company or the judge in your case.Pain and sufferingCertain expenses associated with an accident can be figured to the penny, for example, medical bills, emergency services surgeries, medications loss of wages, etc. But others aren’t. The unquantifiable costs are known as suffering and pain and they form an essential part of a victim’s compensation claim.Pain and suffering encompasses both the emotional and physical consequences of an accident. A victim’s injuries could cause lasting damage to their lives, resulting in permanent disability or even death. For example, an injured victim who suffers a debilitating brain injury might never be able to get back to normal functioning. These kinds of injuries are usually worth a large settlement.In most instances, the amount of suffering and pain a victim receives depends on the extent of their injuries and how the injury has affected their lives. An experienced attorney will look into the specifics of your case and decide the appropriate amount of settlement. They will use the previous settlement amounts for similar accidents injuries as a reference in order to give you an idea of the value your case is worth.In reality, insurance companies frequently attempt to deny victims who claim suffering and pain by claiming that their physical or emotional injuries aren’t serious enough. A skilled lawyer will resist these tactics and negotiate on behalf of you with the insurer to ensure that you receive a fair settlement.