How to Calculate the Right Value Of Claim in Car Accident Cases

Personal injury claims are one of the most common lawsuits filed across the US. Yet an independent survey shows that most claimants either don’t get what they deserve or settle down for low amounts. The reason behind this is simply because claimants are not entirely aware of what they deserve.

Insurance companies, too, try their best to show various reasons to bring down the claim amount. But have you ever wondered how many of these reasons actually stand true?  Qualified Rochester car accident lawyers can be beneficial in such a situation.

Since they have handled similar cases in the past, they can guide you in calculating the highest amount of claim that you deserve. They also represent your case in court and help you secure the amount either from the at-fault party or your insurance company.

The common factors that can help you in calculating this amount are:

Medical Bills

The most vital factor used in deciding your claim amount is usually the medical bills. If you have suffered a grievous injury due to a car accident, the medical bills can run very high. This entire amount must be covered by your claim. It is important to note that not just for the driver; the medical bill of all other passengers should be covered by the claim.

Permanent Loss or Damage

If the accident has caused any permanent damage such as disability, mere medical bill reimbursement is not enough.  It is likely that due to the disability, the victim may even lose his or her means of livelihood. These factors can push up the claim amount.

Property Damage

When you are involved in a car accident, you don’t just suffer injuries. Your car too suffers severe damages. If the extent of the damage is too great, you may even need to replace the vehicle with a new one. The cost of repair or replacement must be borne by the at-fault party. So you can add this to your claim amount.

Long Term Treatment

Sometimes the injury and the trauma caused by a car accident can be long-lasting. This means that the treatment may go on for an extended period even after the claim is settled.  Since you already know that you will have to incur these costs in the future, you can add them too to your claim amount.

Mental Agony

Apart from the visible losses in the form of physical injuries and property damage, a car accident can cause a great amount of mental agony. While this may not be a tangible loss, there are provisions under the law to redress this. A qualified lawyer can help you decide on the amount that you must claim for this kind of intangible loss.

It is important to note here that for all your claims, it is essential to have the necessary proofs. So document the entire incident properly and preserve the various bills until your case settles. Also, make sure that you initiate the insurance claim process as soon as you can after the accident.