One of the first questions any car accident attorney in Phoenix gets from potential clients is how much their claim is worth. The answer to that is not as simple as you might think because it depends on several factors. Keep reading to learn what those factors are, and then contact The Law Offices of Larry H. Parker at 602-340-0030 if you are ready to request a free legal consultation.
- Your Medical Bills
- Your Lost Wages
- Property Damage
- Pain and Suffering
One of the biggest factors in how much you can recover from your car accident is the amount of your medical bills. However, this is not limited to what you have accrued in the past. Your personal injury settlement should cover your past, current, and future medical bills that were related to your accident.
If you were not able to work due to your injury, then you should be compensated for those lost wages. If you cannot work in the future or will not be able to stay in your field, then you should be compensated for future lost wages. Note that lost wages should cover any time off you had to take for doctor’s appointments related to the accident, and if you used vacation or PTO time, that should be covered as well.
If you were injured in a car accident, it is very likely that your car suffered damage. If it was totaled, you should be reimbursed for its value. If it was damaged and can be fixed, then the settlement should cover the cost of repairs. If you had other property in the vehicle that was damaged or destroyed in the accident, then it can be reimbursed too.
This is something that cannot be as easily quantified but will be negotiated between your personal injury attorney and the insurance company. Only you can say how bad the pain, stress, and trauma were. You can expect that the insurance company will negotiate down from where you start, so start higher than you want to end.
The better your evidence is and the more of it you have, the easier it will be to win your case, and the more it will be worth. Remember that when the insurance company is negotiating, what they are trying to do is to pay you as little as possible but enough that you will agree to a settlement rather than go to court. If you have a strong case with a lot of evidence, then you have a better chance of winning in court – which makes the insurance company more likely to settle.
If you are ready to request a free legal consultation from an experienced personal injury attorney, we welcome your call to The Law Offices of Larry H. Parker at 602-340-0030.