How to Calculate a Car Accident Settlement

Getting injured in a car accident can lead to both physical and emotional distress. Your life may never return to normal, and on top of that, you may feel the financial burden of medical expenses weighing you down. When filing a claim for compensation, it can be hard to figure out how much your settlement is worth. You know you’ve been suffering, but what’s the dollar amount?

At Lopez & Humphries, PA, our car accident lawyers have ample experience in calculating car accident settlements. We know that your settlement comprises more than just your medical expenses. When investigating your case, we’ll be sure to examine all damages and maximize your claim value so that you can recover without any financial stress.

Recovery of Damages in a Car Crash Claim

When trying to calculate your car accident settlement, your attorney will take into account much more than just your initial medical bills. Economic and non-economic damages will be examined, which include monetary expenses and the effect that the accident has had on your lifestyle.

Economic damages can include medical expenses, property damages, and loss of future income, while non-economic damages may include pain and suffering, scarring and disfigurement, loss of enjoyment of life, emotional distress, and loss of consortium.

While it’s rare, the negligent driver may also be required to pay punitive damages if it can be proved that they caused harm intentionally or if the judge wants to make an example out of the case at hand.

Consult with a Lakeland Car Accident Attorney

Dealing with the injuries of a car accident can be devastating, but it’s essential that you receive the maximum settlement amount possible if you want to recover comfortably without financial stress. At Lopez & Humphries, PA, we’ll examine your car accident case thoroughly and calculate your claim value based on all of the evidence provided.

To schedule a free consultation with a car accident lawyer and discuss the details of your case, fill out the contact form below or call us at 863-709-8500.