What Factors Determine Car Accident Victim Compensation?

Posted on

If you are injured in a car accident due to another person’s negligence, you are entitled to receive compensation for damages and injuries resulting from the accident. Insurance companies will consider several factors in calculating your injury settlement. Some damages are simple to calculate, while others are not as obvious.

Here are the factors insurance companies will take into consideration:

Lost wages

When accidents result in injuries that force you to take unpaid leave, the wages you lose should be considered when calculating a settlement amount. If injuries resulting from the accident cause you to miss out on receiving a lucrative raise, or maybe you become unable to attend a funeral for a loved one. In that case, these issues should be factored into your final settlement amount.

Emotional distress

Accidents can result in emotional as well as physical injuries. Victims of car accidents may find that they need to seek the guidance of a mental health professional to deal with the aftermath of an accident. Documenting how the emotional trauma has impacted your life is an excellent way to prove emotional damages.

Medical expenses

One of the most critical factors that must be considered after a car accident is medical expenses. Any medical expenses, as well as property damage, should be factored into your settlement amount. Keeping track of treatment costs, including surgeries, doctor visits, even the ambulance ride after the accident, is instrumental in proving your case.

Our Lawyers Can Help You Receive The Compensation You Deserve

If you were injured due to another motorist’s negligence, you should seek the advice of one of our experienced and compassionate auto accident attorneys. At Schultz & Myers, our lawyers have experience receiving the maximum amount of compensation that auto accident victims deserve for their injuries and damages sustained to their property. Call us today at (314) 582-2389 or contact us online.

Car Accident Compensation FAQ

What information from the other driver following an auto accident?

You should obtain the driver’s full name, home address, phone number, driver’s license number, insurance policy number, and license plate number.

Should I take photos of the accident?

If you’re healthy enough following a motor vehicle accident, you should take photographs of the scene. These pictures can serve as essential pieces of evidence in your case.

What if I feel fine after an accident? Should I still see a doctor?

Victims of motor vehicle accidents can have serious internal injuries even if they fail to realize it. Making an appointment with your primary care physician is important and can make a significant difference when it comes to your long-term health.

[Related Posts] : How Do You Calculate the Average Settlement for a Hit and Run Car Accident?

Truck Accident Lawyers

Claim Your Free Books

Schultz & Myers have released three must-read books online for FREE.
Click below to download your copy today.
Legal Paper Icon

Risk Free
Fee Guarantee

We work on a contingency fee basis, so you pay only if we win your case.

No Win No Fee
Balance Icon

Winningest Law Firm

Named by Missouri Lawyer's Weekly based upon most reported trial wins. View our recent case results.

Results That Matter
Avatar Icon

The Schultz &
Myers Experience

We put our clients needs first. Learn more about the Schultz & Myers experience.

We Can Help
Schultz & Myers Logo

Get in touch with us today to get started with your FREE case review. We’re only a call, click, or short drive away.