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How Much Money Do You Get From a Car Accident Settlement?

car accident settlement

When you’re interested in getting legal help following a car accident, it’s important that you reach out to the help and service that a team of lawyers can provide. These accidents tend to rack up a number of damages, including physical injuries, financial losses, and property damage. 

If you are facing these circumstances, it’s critical that you do your due diligence so that you can win the case. 

Keep reading to learn more about handling a car accident settlement, how much you can expect to get paid, how you will get paid, and so much more. 

How Much Money Do People Typically Get Paid From a Car Accident Settlement?

On average, people get paid about $14,000-$28,000 for their car accident cases. By understanding the amount of money that typically changes hands in these cases, you will be better able to navigate it and get the results that you’re looking for. 

The big thing to consider is that these cases take a while to play out, and once you get paid, this money will need to carry you far. This is why it’s important that you turn to a quality pro that can give you the results that you’re looking for. 

What Type of Property Damage Was Experienced?

In a car accident, the property damage that you encounter is one of the biggest aspects of the case. Since your vehicle is traveling at a high speed and colliding with another vehicle, medians, light poles, and any other structures, the damage can rack up quickly. 

You’ll need to consider whether or not you are going to replace the vehicle as a whole or if you’re going to get repairs done to them. Getting your vehicle checked out is one of the most critical pieces of the puzzle that you will need to take care of. 

An auto body shop will inspect your car to figure out the dollar amount required to fix it, and whether or not the vehicle was a total loss. If you’re going to replace the car, you must consider its current value at the time of the accident and what kind you would replace it with.

What Physical Injuries Were Suffered?

Of course, car accidents come with a variety of physical injuries that people suffer. Make sure that you look into your injuries by stopping by a physician’s office, the emergency room, or an urgent care business. 

The headache that you suffered could be minor, or it could be an early warning sign of a concussion or other head trauma. You might also deal with a number of other injuries, such as neck pain, back pain, contusions, spinal cord injuries, broken bones, lacerations, and a variety of other ailments. 

When you recover damages for your injuries, you’ll be fixing the injuries head-on, while also getting money for the long-term recovery involved. 

Did You Encounter Any Circumstantial Damages?

There are a number of damages that you might experience that aren’t readily obvious or measurable. For instance, many people involved in car accidents suffer pain and suffer damages that they might seek to recover in the case. 

With pain and suffering, you might be dealing with emotional stress and trauma following the wreck. This could be due to post-traumatic stress disorder (PTSD), depression, and other emotional trauma that comes with the territory. 

Aside from pain and suffering, you may have damages like loss of income due to downtime from healing from your injuries. Many people that deal with injuries have to also confront long recovery timetables that involve a number of specialists. 

The back pain that you experience might also involve extensive rehab, complete with physical therapy and other forms of recovery. Make sure that you consider the entire picture of your case so that you can recover accordingly. 

Do You Have Any Charges or Violations That You’re Facing?

Make sure that you consider any legal ramifications that you might be dealing with following your car accident case. Even if you get paid in a civil case, it’s possible that you can be held partially responsible for the accident. 

This happens in states that allow for contributory negligence. Aside from culpability in the civil case, you might also get a speeding violation or other traffic violation. Figure out the landscape of the case you are dealing with so that you are able to face these charges head-on. 

How Does Your Lawyer Get Paid?

It’s also important that you touch base with an attorney that can help you put together all of the aspects of the case. These attorneys will help you to maximize your settlement since it’s also directly tied to how they get paid. 

Instead of paying your lawyers upfront, car accident lawyers will accept a percentage of your total payout. If you want to have a successful case, you need to also make sure that you file it within the timetable of the statute of limitations. 

The best attorney will assist you in proving the details of your legal case, in addition to making sure that you get paid within a timely manner. 

 

Shoot for the Best Car Accident Settlement

The points above explain how to handle your car accident settlement to the best of your ability. Keep these tips in mind so that you can recover your damages and take care of yourself. 

Take the time to contact us for a free consultation or give us a call at (225)269-5175.

Babcock Injury Lawyers

Babcock Injury Lawyers
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