There is no fixed amount of money you can get from a car accident claim. The factors influencing car accident compensation amounts include:
- Severity of injuries: More severe injuries typically result in higher compensation. This includes both immediate physical harm and any long-term or permanent disabilities.
- Medical expenses: All medical costs related to a collision are considered. That includes hospital stays, surgeries, medications, physical therapy, and any future medical treatments or rehabilitation costs.
- Lost wages and lost earning capacity: Compensation can include lost wages for the time you were unable to work due to your injuries. If your injuries impact your ability to work in the future, lost earning capacity may also be factored in.
- Pain and suffering: This non-economic damage relates to the physical pain and emotional distress suffered due to your car accident. The more severe and lasting the pain and suffering, the higher the potential compensation.
- Property damage: The extent of damage to your vehicle and other personal property is also considered in your compensation.
- Liability and fault: The degree of fault of each party involved plays a crucial role. In some states, if you are found partially at fault, your compensation might be reduced proportionally.
To determine the true value of your car accident claim, an experienced attorney will need to evaluate your damages. They may use an auto accident settlement calculator to get an estimate of your damages. However, getting fair car accident compensation requires a more personalized approach.