If you are involved in any type of car accident, the first thing you should do is focus on your health and well-being. This is something that you can’t buy, so you need to take care of yourself no matter what it takes.
From there, you’ll want to learn more about the financial impact of your car accident. Like most, you’ll have this question on your mind: How much is your car accident case worth?
This is a frequently asked question following a car accident. It’s also one that doesn’t have a “one size fits all” answer. In fact, early in the process, it can be a challenge to assign a value to the case.
As more information is collected and as you learn more about your injuries, the picture begins to become clear. Some of the factors that determine the value of a car accident case include:
— The amount of your medical bills, as well as the treatment you will require in the future.
— The amount of lost income as a result of your injury.
— Whether or not you have suffered a permanent injury, including but not limited to scarring.
It’s good to be proactive in regards to learning how much your car accident case is worth. Even so, you won’t have an exact answer until you begin to move through the process. With insurance companies often trying to low ball customers, don’t be surprised if you have to negotiate for many months (or longer). This can be stressful, but it will be in your best interest in the end.
Source: FindLaw, “Questions and Answers About Your Personal Injury Case,” accessed Feb. 03, 2017