How Do You Calculate the Average Settlement for a Hit and Run Car Accident?

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Calculating the average settlement for a hit-and-run car accident can be challenging. Some state laws can be complicated, making the process difficult for the victim. This guide highlights the factors that determine the average compensation after a hit-and-run car accident.

Factors Affecting Hit and Run Car Accident Settlement

Several factors affect hit and run car accident settlements. Here are the most crucial ones:

The Severity of Injuries Suffered

You would likely get higher compensation if you suffered severe injuries after a hit-and-run car accident. For instance, if you went through surgery or stayed in the hospital for long with other inpatient rehabilitation care, you stand a chance to get more compensation.

Other injuries include spinal cord and traumatic brain injuries. A reputable lawyer such as Schultz & Myers Personal Injury Lawyers can help you determine the strength of your case and advise you accordingly.

Compensatory Damages Awarded

Severe car accidents can lead to unexpected expenses that can drain your bank account. Below are several compensatory damages after a hit-and-run accident.

  • Pain and suffering
  • Medical treatment costs
  • Missed wages
  • Rental car expenses
  • Future losses and expenses

Whether you get involved in an accident while driving, walking along the road, or cycling, and you do not have the insurance details, we can help you handle the case. We will talk to your insurers and determine the way forward for your case.

Instead of going through many processes, we can prepare the necessary paperwork and documentation to file the claim smoothly.

Apart from helping you build a strong case, we will also calculate a fair settlement value based on damage and injuries incurred. We will also navigate the court process as we negotiate and represent your best interests.

Punitive Damages Awarded

If the other driver is found, they will have to be punished for their bad behavior. The cost of punitive damage depends on the individual state, and this is why it is imperative to work with an experienced lawyer who understands your relevant state laws.

Involved in a Hit and Run Car Accident? Call Us Today!

Speak to our Schultz & Myers Personal Injury Lawyers team today about your hit-and-run crash injuries and worries. We represent hit and run car accident victims, and we can help you build a strong case and represent your best interest in court.

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