What is the typical car accident settlement when you’re injured in a collision? Generally, these settlements provide compensation for a driver’s medical bills, property damage, lost pay, pain, and emotional suffering.
The specific funds provided in the settlement vary based on an individual’s losses. You can discuss your damages with an Indianapolis car accident lawyer from our team at Vaughan & Vaughan.
You can call or complete our online contact form to discuss your situation.
What Should You Expect from a Car Accident Settlement for an Injury?
If you qualify for a settlement after a car accident, you can expect to receive compensation to cover your financial losses. Generally, lawyers help clients in your situation secure damages for their:
Medical Expenses
Car accidents often result in severe physical injuries, including broken bones, concussions, spinal cord injuries (SCI), and damage to internal organs. You can expect your settlement to cover your:
- Emergency medical care
- Costs for transport to medical facilities
- Time spent in a hospital facility
- Medical diagnostic tests
- Medical procedures (including surgeries)
- Prescription medications
- Physical therapy and rehabilitation
Your Indianapolis personal injury lawyer can track all the medical care required for your recovery, factoring these costs into your settlement.
Lost Pay
You can expect a typical car accident settlement to provide compensation for the wages you lost during your recovery. Your lawyer can fight to include compensation for lost bonuses or raises.
In some cases, drivers end up disabled from the effects of an accident. Your settlement should include funds to cover your diminished earning potential in this situation.
Property Damage
In many cases, you can count on your car accident settlement to cover the costs of repairing your vehicle. Sometimes, settlements provide money for a replacement vehicle. We’ll collect information from the repair shop to demonstrate the full extent of your losses.
Non-Economic Losses
Finally, typical car accident settlements may cover a driver’s non-economic losses after an injury. These funds serve as a way to address the mental anguish and emotional suffering you experienced after a motor vehicle collision.
This form of compensation may also help cover your loss of consortium or companionship. You can learn more by contacting a law firm about the specifics of your claim.
How Much Is a Typical Car Accident Settlement?
Many drivers wonder about the average settlement for car accident claims. In truth, the funds available through a settlement can vary significantly based on the severity of your accident and the amount of medical care you require to recover.
Our team at Vaughan & Vaughan believes in carefully tracking all of your specific losses so we can file a claim to bring you fair compensation. Trying to aim for an average amount can minimize your claim request; instead, we look at your unique situation.
Will You Get a Settlement After Every Car Accident?
Generally, you can settle with the insurance company after a car accident caused by another driver’s negligent actions. For example, you may qualify for a settlement if another driver hits you:
- After running a red light or ignoring a stop sign
- After swerving across lanes to try to pass another driver
- After tailgating you in stop-and-go traffic
- After backing up without checking their blind spots
However, a lawyer must show that the other driver directly caused the collision to secure compensation. Therefore, lawyers need to investigate what happened, often by questioning witnesses, getting a copy of accident reports, and visiting the scene of the accident.
The insurance company may argue that you caused the accident in an attempt to avoid settling the claim. Fortunately, your lawyer can stand up for you in this situation.
Can You File a Lawsuit After a Car Accident Injury?
We understand that, sometimes, you cannot reach a fair settlement after a car accident in Indiana. In this situation, your attorney may suggest filing a personal injury lawsuit instead.
Going to court gives you another option to seek maximum damages to cover your expenses. Typically, filing a lawsuit takes more time than settling, and you may have to pay court fees if you sue the other driver.
We’ll discuss all your options and provide guidance about resolving your claim when you contact us for help. Keep in mind that you have a limited amount of time to settle or file a lawsuit before the statute of limitations expires, so reach out to us today.
Speak to Us About a Typical Car Accident Settlement After an Injury
What is the typical car accident settlement when you’re injured? Typically, these arrangements cover a driver’s medical bills, property damage, lost pay, and non-economic losses. Our team at Vaughan & Vaughan can give you information about your specific claim when you contact us.
Call or fill out our online contact form to learn more.
