If you were involved in a car mishap, you might consider how much money you can recuperate for your losses. Below, we have covered the aspects that will impact car accident compensation and the actions you can take and avoid to obtain the most out of your lawsuit.
What Impacts Car Accident Settlement Amounts?
- The third party’s actions – As per an experienced Boston car accident attorney, you may be more likely to receive maximum compensation for your damages if the liable party was mainly or fully at fault.
- The scope of your discomfort and suffering – Well-documented discomfort, grief, and physical constraints can net you more compensation for your personal and subjective losses.
- Your injury and severity – You are more likely to receive a greater settlement for more critical injuries with long-term or enduring consequences.
- Your age and general health – Younger, fitter victims often obtain more money for their long-term injuries, influencing their future-earning potential. In comparison, older individuals or those with pre-existing illnesses may get less.
- The value of your lost wages – The more time you miss from work during your recovery, the more compensation you could receive for lost wages.
- The worth of your damaged possessions – You will need compensation in the amount of replacing or repairing your car and any other possessions damaged in the mishap.
Ways to Maximize Your Settlement After a Car Accident
You can safeguard your rights and maximize your compensation value after a car accident by:
- Collecting evidence from the scene of the collision, such as pictures, driver and insurance details, police accident declarations, and eyewitness statements.
- Pursuing immediate medical care and heeding your doctor’s orders to record your health situation and demonstrate that you are taking care of your health post-accident.
- Hanging on to records connected to the car accident, such as car repair invoices, medical bills, and pay stubs exhibiting missed time at work.
- Reach a reputable Massachusetts personal injury attorney for an initial consultation to learn more about your legal rights and the potential value of your claim.
What Should You Avoid While Negotiating a Car Accident Settlement?
You can avoid spoiling your car accident lawsuit and decreasing your potential compensation if you:
- Don’t speak to the insurance agency or deliver a written or documented statement that locks you into an unfavorable story.
- Don’t publish details about the incident on social media, share pictures of yourself, or receive unknown friend requests while your lawsuit is ongoing. Any information you share online could potentially be manipulated against you and used against your lawsuit.
- Don’t take the first compensation offer you receive, which is more likely to be a lowball compensation created to entice you while you are in a hopeless situation.
What If I Am Partially at Blame for the Car Accident?
If you were less than 50 percent liable for the car crash, you could still seek a settlement. Nevertheless, the portion you could receive may be lowered based on your fault ratio. For instance, if you are granted $10,000 in the settlement but you were 25 percent to blame, the most you can receive is 75 percent of the settlement, or $7,500. On the other hand, if you are 50 percent or more at fault, you are lawfully barred from recovering any settlement.
A dedicated Boston car accident attorney can help you pursue full and fair compensation for your damages and other losses after a car crash. Get in touch with a reputable lawyer near you to learn more about your legal rights and options in a free initial case assessment.