Numerous accidents take place each year that result in damages. However, a number of cases go unsettled or the victims go without proper compensation. Several things go into determining the appropriate settlement amount.
The settlement amount is based on an agreement between the victims and the insurance companies involved in the accident. In cases where a settlement agreement cannot be reached, attorneys and mediators are also involved.
The property damage in a car accident case is the actual amount of damage done to the vehicle from the accident. This includes internal and external damages, and in some cases, the car is irreparable and must be replaced.
Bodily injury is determined by the damage done to a person in a car accident. This is determined by hospital and doctor bills and any other expenses directly related to injury.
Pain and Suffering
Pain and suffering includes a variety of things following the accident, including pain from injuries, physical and mental suffering, time lost, wage losses and job impairments.
In most car accident cases, it is advisable to contact a personal injury attorney to help deal with the insurance companies and determine settlement amounts.