Do you know how much you can get compensated after an auto accident in New York City? Most people might assume that there’s a standard amount. However, this is not the case. Every accident is different, some major and others minor collisions. This can affect the final settlement by a lot ! No matter what kind of accident, your value of the case can vary due to many factors. This article will explain these factors that affect the payout so keep reading to find out what your case might be worth.
The Seriousness Of Your Injuries
Firstly, how serious are your injuries? For example, if your injuries are big and you end up having to go to the hospital for treatment and include long-term treatment, your case is highly worth it and has a higher compensation.
However, if your injuries are minor, like small cuts and bruises, it may not be worth much. But, an expert auto accident lawyer in New York might advise you to still look into your injuries and get medical treatments and scans to figure out the extent of the injuries as some of them may take longer to appear, which can be used to increase the value of your case.
Lost Income And Days Off Work
Secondly, how did the accident affect your work/job? Did you have to take days off due to the inability to work? Any income that you may have lost due to the aftermath of the accident can be included in your case. And if your injuries are severe and will have trouble in the future to do your daily tasks at work, that is also considered. Your lawyer will help you calculate the money that would be needed to cover for these days.
Who Was At Fault?
In New York, your own contribution to the accident will affect how much you can be compensated. This is called comparative negligence. For example, if your case is worth $100,000 and you’re 20% responsible, then you’d only receive $80,000. This is why you must hire an auto accident lawyer in New York – because their job is to keep your faults as low as possible to get highest possible compensation.
How Insurance Companies Really Work
You might think you can fully depend on your insurance company for help. But the truth is, they’re also businesses. They always aim to pay out as little as possible, even if the opposite party is obviously at fault. After your auto accident, you will be contacted by an insurance adjuster and will be offered a settlement. It might seem like a fair deal at first, but remember- that value is always lower than what your case is actually worth. They hope that people might not know the full extent of their injuries or what they’re legally entitled to.
With a professional auto accident lawyer in New York this can be easily avoided. A lawyer will handle all the negotiations with the insurance company, deny low offers and make sure you’re not being taken advantage of.
The Quality of Your Legal Help
Who you choose to fight by your side will determine your whole claim. A good auto accident lawyer in New York will have the necessary knowledge and experience to build a solid case, collect relevant evidence and negotiate with insurance adjusters for you.
They will also help you make lesser mistakes and make sure you meet your deadlines. That’s why with the right lawyer, you’re guaranteed you will make the most out of it.
Conclusion
There’s no direct method to calculate how much your case might be worth. But. by understanding the above factors and working with the right legal team, you will have a higher chance of getting the compensation you deserve. So don’t wait. Don’t settle. And definitely don’t go through this process alone. Contact an expert auto accident lawyer in New York today!
