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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 these include the costs of property damage and medical bills, while others aren't, such as pain and suffering. In New York, you have up to three years to take legal action after a crash, but not acting quickly can hurt your case. Evidence could be lost over time or destroyed. Witnesses might not remember important details. Damages In the event of a crash, victims can receive compensation for economic losses such as medical bills or lost wages. In addition, they can be awarded compensation for non-economic losses, such as suffering and pain. The amount of compensation you are entitled to depends on how serious your injuries are and the impact they'll have on your life. A skilled auto accident lawyer can help you determine the worth of your injuries as well as damage to property, and negotiate an appropriate settlement with the insurance company. However, remember that insurance companies exist to make a profit. This means that they'll try to settle your claim for as little as they can. You need an attorney who understands how to get the highest amount you are entitled to. You may also be eligible to claim compensation if you own personal items that were damaged during the accident. This includes your clothes, shoes and jewelry. You may also be eligible for compensation for expenses relating to garden maintenance, housekeeping or childcare, if are unable to perform these tasks due to your injuries. Your deductible can also be a part of the equation when determining the value of your claim will be. You'll need to pay your deductible prior to when the insurance company can begin paying for damages. auto accident lawyer birmingham can then sue the motorist responsible for any remaining damages. Medical bills The medical bills that arise from a car crash can quickly add up. The average price for an ambulance ride, hospital stay or inpatient treatment could be the tens of thousands of dollars or more. The cost of prescription drugs, physical therapy, and other treatments can rise when the accident victim heals. When a driver is found to be at the fault in a lawsuit, they are responsible for paying the victim's damages, which includes medical expenses. However, the law does not usually require an at-fault party to pay a medical bills of their victim on a regular basis. Unless you live in a state with no-fault laws, the first step to take for medical bills compensation is to apply to your auto insurance company for PIP (personal injury protection) coverage. Based on your policy's limits the coverage could be sufficient to cover all or a portion of your medical expenses. You must also make a claim with the insurance policy of the driver who is at fault for any liability coverage they have, as well as the uninsured motorist coverage of your own insurance policy. These policies could reimburse you for medical expenses, but they typically contain deductibles and other terms. A knowledgeable lawyer can help you in navigating the process of getting your medical bills paid. This will help you save money on medical expenses and instead focus on recovering. Lost wages Injuries from car accidents can keep you out of work. You might not be able to pay your bills and may lose income due to. You could be required to borrow money from relatives or friends. It could take months to reach a settlement in your case. During that time, you will need to continue paying the bills from your own pocket and then wait for your settlement. A claim for lost wages could aid you in recovering the money you could have earned not for your car accident injury. This can include salary and hourly wages, however it could also include other financial benefits, such as bonuses and raises. Your lawyer can calculate the actual loss earnings. You can make a claim for lost wages through a no-fault insurance company or file a lawsuit against the responsible party. The typical claim will involve medical expenses, proof that you missed work due to your injuries, and a record of your earnings loss. This is sometimes known as the demand package. You'll need to provide a letter from your employer which confirms the specifics of your employment including the days you were absent because of your injury and the hours that you normally work. You'll need your paystubs, tax forms and other pertinent documents. Your lawyer can help you gather these documents and then prepare a convincing demand form to present to the insurance company or a judge in your case. Suffering and pain While some costs associated with accidents can be estimated to the penny—such as medical bills, emergency services surgeries, medical expenses and lost wages, there are other expenses that cannot be quantified. These unquantifiable losses are referred to as pain and suffering, and they are an important component of a victim's compensation claim. The term “pain and suffering” refers to both the physical and emotional effects of an accident. The injuries sustained by victims may have a lasting impact on their life which can lead to permanent disabilities, or even death. For instance, a victim suffering from a debilitating brain injury could never get back to normal functioning. These kinds of injuries usually result in a large settlement. In the majority of cases, the amount and suffering a victim suffers is determined by the severity of the injury and the impact it has had on their life. A seasoned attorney will research the details of your case to determine a fair settlement. They will consider previous settlement amounts for similar accident injuries as a reference to help you get an idea of what your case might be worth in terms of suffering and pain. Unfortunately, insurance companies often try to discredit victims of suffering and pain by claiming that their emotional or physical injuries aren't severe enough. A skilled lawyer will defend against these tactics and negotiate on behalf of you with the insurer to ensure you receive an equitable settlement.