Participating
in a car accident is terrible for all parties involved. Especially if you’re
left with injuries, inability to work, and damages to your property, you can
face many obstacles on your way to getting your life back to normal.
Some of the largest ones are related to the insurance agencies and their way of handling the situation. Of course, they work for-profit and they will want to handle your case without paying you much or anything at all.
To
make sure you are aware of this and to prevent something like this from
happening to you, now we’ll uncover the ways to check whether your settlement
is enough. Let’s go!
Determining the Value of the Accident
The
seriousness of the accident and the type of damage dictate how much an accident
is worth. So, Chicago personal injury attorneys
can evaluate all factors and inform you of the real value. This way you’ll know
what to expect and how much you deserve to get in the form of compensation.
These are some of the key factors that determine the value.
Medical Bills
Understandably,
you’ll look for medical help right after the accident. Your health matters so
you should ensure you haven’t acquired some critical injuries. And if you have,
you need to take care of them at once. As hospitals aren’t free, doctor
appointments, longer stays, prescription, and rehabilitation costs may arise.
They will increase the accident’s value significantly.
Damage to the Vehicle
The
vehicle usually suffers during an accident. Therefore, there are costs for
repair to be considered. They will influence the value, as well.
Lost Salaries
Some
accidents can have such serious consequences that you wouldn’t be able to
return to work for a longer time or forever. Do you know what this means? It
means lost salaries that can affect the sum you should receive.
Personal Consequences
Your
mental health matters. So, if you feel pain and stress, they should be taken
into consideration as well. Although this can be complicated to prove an
experienced lawyer can assist you with it. Also, there may be a disability
involved that can leave a deep impact on your emotional state.
How to Get a Fair Settlement
You
shouldn’t sit with your legs crossed while your situation is being discussed.
Instead, you should have a saying in the settlement together with the lawyer
and insurer. For this reason, you should know a few useful tips along the way:
- Investigate
what happened thoroughly without leaving anything aside
- Don’t
settle for the first offer of your insurance company
- Don’t
lose the receipts and bills
- Turn
to a lawyer immediately and explain the case in as many details as possible
Final Remarks About Getting a Settlement That’s
Enough
After
reading this, you should be able to at least understand what affects the value
of the accident the most and determine whether what you are getting as a
settlement is enough to cover it all. So, was this helpful? Have you ever had
an experience with this before?