There are several factors that determine how much you may be able to recover in a car accident settlement. Some of the most important factors include:
- Liability: Liability refers to who is responsible for the accident. If the other driver is found to be at fault, you may be entitled to compensation for your damages.
- Damages: Damages refer to the losses you have suffered as a result of the accident. This can include medical expenses, lost wages, property damage, and pain and suffering.
- Insurance coverage: The amount of compensation you can recover may be limited by the insurance coverage of the at-fault driver.
- State laws: State laws can have a significant impact on how much compensation you may be able to recover. Some states have no-fault insurance laws, which limit the ability to recover damages from the at-fault driver.