How much can you recover from a car accident?

Car accidents have become one of the common incidents in San Diego. It causes a lot of financial burden with pain and suffering.  There are lots of factors that lead to enormous financial burden- property loss, lost income during the recovery process and medical bills. There is no formula to calculate how much money you can recover from a car accident. It will depend on the severity of the accident and the damages. A plaintiff can get compensations for the following:

  • Medical bills
  • Pain and suffering
  • Lost income (Past and future)
  • Mental suffering
  • Physical pain
  • Punitive damages
  • Loss of consortium
  • Wrongful deaths

Money that you can recover after a car accident:

In case you have met with an accident, you can receive the compensations as determined by the Jury. However, it is a daunting task to negotiate with the insurance companies as they try to mislead the victim with reduced overhead and costs. So it is always a good idea to seek help from the professional attorneys to settle the claims in the best possible manner.

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Medical Bills

 As far as medical bills are concerned; you should receive the entire amount that has been spent on recovering the injuries. This compensation should include both the present and the future expenses for treatment. The pain arising from major injuries sustains longer and hence, you should have an attorney who can help you settle with the highest compensations for covering both the present and the future expenses. Take help from a medical professional to know the extent of your injuries.

Loss of Income

During the recovery process, it is not possible for you to attend your office and hence there are chances of losing your monthly wages. Hire an attorney who can find out your present and future earning capacities. This will help in getting the compensation that you would have earned in the future. The victim can earn a large amount of compensation if he was to be promoted in his workplace but due to the accident, it couldn’t take place.

Pain and suffering

Determining the amount of compensation is one of the most complicated things to do. It is difficult to express pain and suffering quantitatively. The insurance company of the alleged party may try to prove that pain and suffering is not as serious as it is claimed by the plaintiff. It is only a lawyer who can aptly determine the deserving compensation for the victim.

Loss of consortium

It can be referred to as the compensation that the family members receive on the death of the victim. This comes under the category of wrongful deaths in which the victim dies because of the negligence of the third party. In this regard, the best option is to seek help from an attorney because they have a comprehensive knowledge of the laws of the state which can help in determining the compensation that you can get from losing your loved ones.

The total amount of compensation would depend on the particulars of your case. An individual is also entitled to punitive compensations in case the third party was extremely careless with his action. However, it is rare to receive such compensations and it solely depends on the jury to decide if such compensation will be given or not. These reimbursements are sometimes allowed to prevent the alleged party from behaving irresponsibly in the future.

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About the Author: Jacob Wyatt