How to Calculate a Car Accident Settlement
After you’ve been involved in an auto accident, it can be difficult to figure out what your next steps should be. You likely feel that you can’t handle the associated fallout on your own, but what are your options for getting help?
You may want to consider filing a claim for compensation against the liable party. If you are successful in this venture, you’ll be awarded compensation for your damages. But first, it’s important to determine the amount you hope to recover. Below, we explain how to calculate a car accident settlement.
To start, our attorneys will evaluate any damage to your vehicle or your personal belongings. Car crashes can lead to expensive damage and a serious need for repairs, and if the accident wasn’t your fault, you shouldn’t have to cover those costs on your own.
For those who depend on their vehicle to get to and from work, this is an especially important part of the car accident claim process.
If you sustained any injuries in your accident, your attorney will need to calculate how much you’ve spent on healthcare to calculate your settlement. This will include bills from the hospital or your healthcare provider, medication expenses, rehabilitation programs or equipment, and travel expenses to get to and from your appointments.
To ensure your financial security isn’t compromised, considering your work wages is an important part of calculating your car accident settlement. To start, your attorney will figure out how much you’ve lost in earnings while you were taking time off of work during your recovery.
Additionally, we’ll take into consideration an estimation of the wages you’re expected to lose in the future due to your injuries.
Our Car Accident Attorneys Can Help You
Now that you understand how to calculate a car accident settlement, our attorneys at Kohan & Bablove, LLP are here and ready to help you take the next steps. We’ll work with you to figure out what your claim is truly worth, and then we’ll provide you with the representation and negotiation skills you need to win.
Give our office a call today at 1-844-404-2400 to set up a free consultation. If you’d like to reach us online, you can get in touch through the contact form at the bottom of the page.