How Damages are Calculated in Car Accident Cases
Have you recently been hurt in an accident and you are curious about your damages? If so, this is a common question raised by many victims who are curious about how they will be able to pay their medical bills and move on with their life after such a devastating accident. As a result of this, you need to contact a New York car accident damages lawyer as soon as possible to evaluate your individual case. Not everyone will be eligible to pursue a personal injury claim particularly if you have allowed the statute of limitations to lapse.
However, if you are still within the time frame of two years following the date of the accident to file a legal claim, this could be one of the most important steps you ever take to protect your rights to a personal injury claim. Understanding damages in car accidents is extremely important. Your New York car accident damages lawyer will walk you through the phases of settlement or litigation so that you know what to expect. Anyone who lives through a car accident knows that they will have to cope with financial loss as a result. It can be very hard for people to figure out an accurate estimate of how their injuries will affect their life.
This is particularly true early on in your case. Understanding some of the basics about calculations of damages can help you and retaining an experienced car accident damages attorney in New York early on is strongly recommended. Many people do not be aware of the value of their case and may accept a low settlement offer and later be struggling with job loss and medical expenses from the accident. An experienced car accident damages lawyer in New York can help you by identifying a path for your compensation.
The vast majority of damages associated with a car accident claim are financial. This is because past and future financial losses resulting from the crash can be high in terms of the medical bills as well as financial losses since you are no longer able to earn money. It is important to get a fair projection of future losses so you can identify a settlement offer that is fair or fight for an outcome in court more in line with the injuries you sustain.
You cannot return after the case is complete and ask for more damages so you need to have a good idea of this as you are headed to court. Physical and emotional effects are other types of damages that may show up in your car accident injury claim. These can be more difficult to put a number on since it is difficult to project how this may affect you many years into the future. This may also be referred to as pain and suffering.
A victim of a car accident suffers not only through losing money by not being able to return to work or by struggling with the medical expenses. Many people sustain physical injuries that decrease their quality of life by limiting their range of motion and causing them daily pain. You might even find that it is difficult to get through a single day without relying on pain medication.
Because of this, New York personal injury law enables these victims to pursue pain and suffering damages by filing a legal claim for compensation. Putting a monetary value on these experiences is never easy but it is something your lawyer can help you with. You may be dealing with psychological and emotional trauma post-accident such as anxiety, PTSD, insomnia, and panic disorders. There are many different factors that go into the calculation of a fair pain and suffering amount. New York does not impose caps on pain and suffering damages, meaning that if you have sustained a catastrophic injury, you may be entitled to full and fair compensation.
You need an attorney who is dedicated to doing everything possible to get you maximum compensation. He or she should not be motivated only by wrapping up the case as soon as possible. Knowing the value of your case is critical if you intend to get a fair recovery that compensates you fully for all your losses. An experienced attorney will be the one to give you all the information you need and help you to recover available financial compensation. Don’t allow yourself to get in over your head by not knowing what is available to you. Pursuing a personal injury claim is a very private matter and one that requires that you have a solid relationship with your personal injury lawyer.