What Is a Good Settlement Offer for a Car Accident?
Seeking financial compensation for injuries suffered in a car accident usually comes by filing a claim with the at-fault driver’s insurance company. Many times, a settlement offer comes quickly, with an insurance adjuster urging you to accept the money so it’s a done deal. But how do you know whether you’ve gotten a fair offer?
Seeking advice from an experienced car accident lawyer is the best way to learn what a good settlement offer looks like for your case. Every crash is different. What’s fair for one victim is not necessarily the same for another. Get the answers you need by contacting Scott C. Gottlieb, Injury Law Attorney today for a free initial consultation.
What Is the Average Injury Settlement for a Car Accident?
The average car accident settlement will vary based on the circumstances of the crash and the amount of available insurance coverage. If the collision only resulted in property damage, your settlement might include only the costs to repair or replace your vehicle. But if you suffered severe injuries, you could seek a much higher payout to account for your medical expenses, lost income, pain and suffering, and other losses. Instead of asking what the average car insurance payment is, the better question to ask is, “What’s the estimated value of my case?”
What Is a Fair Settlement for Pain and Suffering?
No specific formula exists to calculate pain and suffering compensation after a car accident. Instead, the amount of pain and suffering you will seek depends on the severity of your injuries and their long-term impact on your life.
As a general rule, the greater the effect of the car accident on the victim’s life, the higher amount of money they can seek for pain and suffering.
How Much Should I Ask for in a Settlement?
Several factors go into figuring out a fair demand for compensation after a crash, such as:
- Type and severity of injuries
- Whether your injuries meet the serious injury threshold in New York
- Whether you were partially responsible for the accident
- Who is at fault for the accident
- Insurance policy limits
- Strength of the evidence
Having an experienced lawyer negotiate for you during the claims process can improve your chances of obtaining a full and fair car accident settlement. Attorneys understand the tactics insurance adjusters use to deny and minimize payouts and can gather strategic evidence that counters their arguments.
How Our Car Accident Lawyers Can Help You
At Scott C. Gottlieb, Injury Law Attorney, we’ll fight for the auto accident settlement you deserve. We will:
- Thoroughly investigate the car crash to secure compelling evidence
- Identify what happened and who should be held liable
- Identify all sources of available insurance coverage, such as underinsured motorist coverage provided by your own insurance company
- Prepare and file your car accident claim with the insurance company and at-fault party
- Properly meet all deadlines for filing your claim
- Direct you to the proper medical providers so you can get appropriate help and properly document your injuries
- Handle settlement negotiations with insurance adjusters and defense lawyers
- Take your claim to trial, if necessary, to exercise all of your legal options on the path to full and fair compensation.
Contact Scott C. Gottlieb, Injury Law Attorney today for a free consultation if you have been injured in a Binghamton, NY car accident.
