How Much Is My Car Accident Claim Worth?

It goes without saying that the aftermath of a serious car accident can be overwhelming. Beyond the physical pain and emotional trauma, you may face crippling debt due to medical bills, vehicle repairs, and lost income. If your financial security is in jeopardy, it’s only natural to wonder how much money you might recover if you bring a claim for your accident-related damages.

There are many factors that affect monetary awards in personal injury cases—from the cost of hospital bills, to the amount of time you were sidelined from work, to the permanence of your injuries. Because each claim is unique, the best way to estimate the potential value of your case is to speak with an experienced car accident lawyer.

Avnet Law will evaluate your case for free to determine if you have grounds for a claim. If so, he will perform a thorough investigation and compile the evidence needed to prove liability and the value of your damages. We understand the tactics that Defendants use to dispute liability for claims as well as the amount of damages. Call 1-888-77-AVNET today to schedule a free consultation with a car accident attorney in Indiana.

Factors That Influence Damages Awards in Car Accident Claims

If you were injured in a car accident due to another party’s negligence, you have the right to bring a claim for any economic and non-economic damages you have incurred as a result. Economic damages are verifiable losses such as hospital bills, vehicle repairs, lost wages, and loss of future earning capacity. Non-economic damages are intangible; they include mental distress, diminished enjoyment of life, and pain and suffering.

If the defendant was grossly negligent or acted with willful or wanton misconduct, you may also be able to recover exemplary damages, also called “punitive damages.” These are only available in car accident cases involving particularly egregious behavior such as drunk driving or fleeing from police.

Here are a few factors that affect damages awards in car accident cases in Indiana:

  • Whether the claimant was partially responsible for the collision;
  • The permanence of the claimant’s injuries;
  • The amount of time the claimant was out of work due to the injuries;
  • The claimant’s income;
  • Whether the injury has reduced the claimant’s ability to earn an income or return to the same profession;
  • The cost of medical bills already incurred;
  • The expected cost of future medical bills;
  • Whether the injury is preventing the claimant from participating in activities that he or she enjoyed before the accident;
  • Whether the injury has caused intense pain or psychological distress; and
  • Whether the defendant was grossly negligent or acted with willful or wanton misconduct.

Schedule a Free Consultation with an Indiana Car Accident Attorney

Recovering fair compensation after a motor-vehicle collision is rarely straightforward. This is especially true if you intend to pursue compensation for future damages, non-economic damages, or punitive damages.

Avnet Law is well versed in the laws that govern car accident claims in Indiana. We can help you navigate the proceedings, avoid costly mistakes, and fight for the maximum compensation. Call 1-877-77-AVNET today for a free initial consultation.  Avnet Law can help you navigate you car accident claims or other personal injury claims.

By | 2018-06-19T13:20:04+00:00 June 8th, 2018|