How are Car Accident Settlement Amounts Calculated?

How Much is My Case Worth?

A car accident can cause serious injuries to the victims, the damage can be physical, mental, emotional or financial. In Texas, if your injury was caused by the negligence of another party, you may be entitled to compensation for any form of damage sustained. If you have been injured in an automobile collision, it is important to remember that time is always a critical factor in any personal injury case. You should seek the assistance of an experienced San Antonio car accident attorney. But when claims move forward, how are car accident settlements calculated?
1. Compensation For Medical Expenses

Anyone who has been in an auto accident should immediately seek medical attention. Even if you feel your injuries are minor, it is always better to be on the safe side. Further, if legal action becomes advisable at any point, it is important to keep detailed medical records and photographs of all of your injuries. Medical expenses from a car accident can be wide ranging, including:

  • The cost of all direct treatment;
  • ambulance fees;
  • cost of therapy;
  • cost of consultations with doctors and specialists;
  • cost of any necessary medical accessories;
  • and finally, cost of necessary in home services due to your injury.

The purpose of compensation is to place you back in the position you would have been prior to another party negligently causing an accident. Any expense related to rehabilitating your physical or mental health could be eligible for reimbursement.

2. Lost Wages After a Car Accident

A serious injury sustained in an accident may make it impossible to do your job – or at the very least may affect how you do your job and how much you are able to earn. If you can prove your injuries are preventing you from earning the wages that you would have reasonably been able to earn without the injuries, you could be entitled to money damages as compensation for lost wages.

3. Pain and Suffering Due to Car Accidents

While losses for medical expenses, wages or any other economic factor can be relatively easily quantified, under Texas law you may also be able to recover for noneconomic injury. If you have experienced great pain and suffering due to a car accident caused by another party’s negligence you are potentially entitled to compensation for that pain and suffering. This could include:

  • Physical pain;
  • emotional pain;
  • stress or anxiety caused by the car accident;
  • and possibly, pain caused by loss of enjoyment of life.

Damages for pain and suffering can be hard to quantify and will likely to be fiercely contested. An experienced car accident attorney, who fully understands how damages are calculated and proven under Texas law can be incredibly valuable. There are many more factors that go into calculating the value of a car accident settlement. It is important that you speak with an attorney about your particular case. Contact An Experienced Lawyer If you, or a loved one, has been injured in a car accident it is your legal right to seek full and fair compensation for your damages. The damage to your life can manifest itself in so many ways, an experienced personal injury attorney will make sure that every avenue is pursued so that you collect the maximize amount of compensation for which you are entitled. If you have any questions about auto accidents or potential compensation in the state of Texas, we would be happy to answer them. Contact attorney Ronald A. Ramos today.