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Home Law

Expenses Commonly Included in a Car Accident Injury Settlement

by Akbar Kashif
February 7, 2022
in Law
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Car Accident
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Driving a car continues to be a necessity and convenience for people all over the country. While most drivers are quite safe and take proper precautions, negligence, mistakes, and other factors could result in a car accident. If you are involved in a car accident, it could result in a variety of damages including vehicle damages, medical bills, lost wages, and other forms of loss. If you do incur a loss due to the mistake of another party, hiring an attorney is a good option as they can help you settle a car accident injury settlement to cover your losses. There are a variety of losses that are frequently included in settlement negotiations.

Table of Contents

  • Vehicle Damages
  • Medical Bills
  • Lost Wages
  • Pain and Suffering

Vehicle Damages

One of the most common types of damages that will be recouped during a vehicle accident is vehicle damage. If your car is involved in an accident, there could be a lot of work that needs to be done to return it to its original condition. Even if it seems fine, there could be underlying mechanical or bodywork that is neeeded. If your vehicle does need repairs, it will be included in any settlement discussions to ensure your out-of-pocket expenses are covered. These costs can also include expenses incurred due to not having a vehicle, such as towing, public transportation, or vehicle rental for a period of time.

Medical Bills

As vehicles can travel at high speeds, there is always a chance that an injury could occur during an accident. If you are hurt during a vehicle crash, it is important that you receive proper medical attention to ensure you are healthy. You could then incur significant medical bills due to the attention you receive, additional care, and future therapy costs. If this is the case for you, it would be beneficial to include these costs in any settlement negotiations.

Lost Wages

If you are involved in a car accident that results in a loss of a vehicle or injuries, it could prevent your ability to go to work and continue doing the same job. This can then lead to considerable lost wages. If these lost wages are due to the accident, it is appropriate to include an estimate for current and future lost wages when you are trying to come up with a fair amount of consideration.

Pain and Suffering

Those that suffer a car accident could be injured in a way that impacts their quality of life. If you are hurt during an accident, lose mobility, or are dealing with ongoing pain, it can have a major impact on your overall mental and physical wellbeing. While it is difficult to calculate, including pain and suffering in your settlement is common.

If you are involved in a car accident that is due to the fault of another party, it would be a good idea to hire an attorney. Your legal team can offer various services that will help ensure you are properly represented. They can handle all negotiations with the other party, the insurance company, law enforcement, and even a judge or arbitrator during legal proceedings. This can help ensure you receive the best settlement possible.

Also Read: How Do I Choose the Best Car Accident Attorney in My Local Area?

Tags: car accident
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