Your Advocate In Serious Injury Claims

What factors affect the value of your car accident claim?

If you’ve been in a car accident, you’re probably wondering how much your claim is worth (in other words, the compensation you are entitled to). It’s a fair question, given the difficult aftermath of a crash. However, the answer isn’t always straightforward.

Several factors come into play when determining the value of a car accident claim, and understanding them can help you navigate the process and set realistic expectations. Here’s what you need to know.

The severity of your injuries matters

The extent of your injuries will determine the value of your claim. Minor injuries will result in lower claims, while severe injuries can lead to higher compensation. This is because of the ensuing damages like medical bills, ongoing treatment, lost wages and other long-term effects of your injuries, such as a diminished earning capacity and a lower quality of life.

Your contribution to the accident also counts

Under Louisiana law, your contribution to the crash will impact your potential settlement. For example, if you were 60% at fault, you may only recover 40% of your damages. It’s worth noting that proving fault can sometimes be complicated, especially if the facts of the case are unclear. You may bear more fault than you initially thought, or the other driver might try to shift the blame to you.

Every car accident claim is unique

Assessing the compensation you deserve after a crash can be challenging, given that every case is different. While understanding the key factors that affect your car accident claim is a good starting point, maximizing its value requires more. Seemingly minor details like documenting your injuries and providing supporting evidence can significantly impact the outcome.

Having informed legal guidance can make a difference in ensuring you do not settle for less than you deserve and help during negotiations with insurance companies. Remember, a car accident claim isn’t just about getting a check; it’s about securing the financial support you need to recover and move forward.