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Understanding the Value of Your Personal Injury Claim
Being involved in a car accident can be a traumatic and life-altering experience.
Understanding the value of your personal injury claim and damages after a wreck is essential to ensuring that you receive fair compensation for your losses.
Before talking with an adjuster, we believe it best to consult an experienced accident lawyer first. Don’t sign anything or accept a settlement offer without the advice of an attorney.
Beyond physical injuries and emotional trauma, car accidents often come with significant financial costs, medical bills, lost income, and non-economic damages. The total amount of an insurance claim can add up pretty quickly – Danny Glover, Outer Banks Accident Lawyer
In this blog post, we will discuss the factors that determine the value of personal injury claims and the damages you may be entitled to after a car accident.
How much is your accident claim worth?
In a personal injury case after a car accident, the value of your claim will depend on the extent of the physical injuries and emotional trauma incurred and the costs associated with treating these injuries.
Punitive Damages: Drunk Driver Accidents
In general, the greater the severity of the injuries and the more complicated the treatment plan, the higher the value of the claim.
The value of a personal injury claim is determined by factors such as:
- The cost of medical treatment, both present and future
- Lost wages or income due to missed work
- Future earning potential affected by the injuries
- Physical pain and suffering
- Loss of enjoyment of life, activity, or independence
- Emotional distress, including anxiety, depression, or post-traumatic stress disorder (PTSD)
An experienced personal injury attorney can help you identify all the losses and expenses you may have incurred as a result of the accident and compile a comprehensive claim for compensation.
This process can be complicated.
As such, we believe having the right legal representation by your side is crucial.
Types of Damages in a Personal Injury Claim
After a car accident, you may be able to claim different types of damages. They may include things like:
Economic damages
Represent quantifiable and documented financial losses such as medical bills, lost wages, and property damage costs.
Non-economic damages
Include physical and emotional harm from the accident, such as pain and suffering, emotional distress, and loss of enjoyment of life.
Punitive damages
Punitive damages may be awarded in cases where the defendant’s actions were particularly egregious, intentional, criminal, or malicious.
Trucking Accidents / 18-Wheeler Wrecks: What You Need to Know
It is important to note that the amount of compensation you may receive for any particular loss depends on several factors unique to your case.
Having an experienced personal injury attorney on your side can help ensure you receive the proper compensation.
What are “Punitive Damages?”
Punitive damages are additional compensatory damages available to the victim in certain cases where the defendant’s actions were particularly egregious, criminal, intentional, or malicious.
Punitive damages in North Carolina may be awarded when a drunk driver causes an accident and are meant to punish the at-fault party for their behavior.
The amount of punitive damages awarded can vary greatly, depending on the severity of the incident.
Who does the Insurance Adjuster represent?
The insurance adjuster is ordinarily an employee of the at-fault party’s insurance company. That means they represent the insurance company’s best interests and not you.
It is important to remember that their primary goal is to minimize payouts and protect the financial interests of their employer, not yours – Danny Glover, OBX Accident Lawyer
While they may be very nice, if the insurance company can settle for below the fair value of your case, they’re just fine with that.
Insurance companies make money by denying claims and paying out less than they should, so it is important to have an experienced personal injury attorney on your side who can fight for the maximum compensation you deserve.
Is North Carolina a Contributory Negligence state?
Yes, North Carolina is a contributory negligence state. This means that if you are found to be partially responsible for the accident or injury, then you can be barred from recovering damages.
That’s one reason we believe it is essential for you to have an experienced personal injury attorney on your side who understands the complex laws surrounding contributory negligence in the state of North Carolina.
Contrib in North Carolina is commonly pled by insurance companies. It gives the adjuster an opportunity to deny the claim entirely, even when the at fault driver is actually 100% responsible for the wreck – Danny Glover, Accident Attorney Outer Banks
What does “Contingent Legal Fees” mean?
Contingent legal fees mean that your lawyer will not charge you legal fees up front.
Instead, they take a percentage of the settlement or award amount at the end of the case. This allows injury victims to obtain quality representation without having to worry about coming up with legal fees beforehand.
If we are unable to secure compensation in your case, you pay nothing towards legal fees. We do not charge by the hour, and we don’t get paid unless we’re able to obtain a settlement, verdict, or judgment against the at fault driver.
Will a Personal Injury Lawsuit be required?
In some cases, an injury claim can be settled with the insurance company without even filing a lawsuit. However, if the insurance company is unwilling to offer a fair settlement, then it may be necessary to file a personal injury lawsuit.
We can help you understand your legal rights and advise whether filing a lawsuit is in your best interests.
How much is an average personal injury settlement?
Unfortunately, there is no definitive answer to this question as the amount of a personal injury settlement can vary greatly, depending on various factors such as the severity of your injuries, medical bills incurred, lost wages, and pain and suffering.
Having an experienced personal injury attorney by your side can help ensure you receive full and fair compensation for your medical expenses, pain and suffering damages, lost income, and medical bills for surgery, aftercare, and physical therapy.
Are you entitled to receive compensation for the cost of care?
Medical bills may include more than just a visit to the ER or your doctor. They may also include long-term costs such as prescription medications, physical therapy and rehabilitation, medical devices or appliances, home care assistance, and more.
If you have been injured in an accident due to another person or entity’s negligence, you may be entitled to receive compensation for these medical expenses. It is important to
Personal Injury Attorney – Danny Glover
Car accidents can cause severe physical, emotional, and financial harm.
Understanding the value of your personal injury claim and damages after a car accident is essential to ensure you receive fair compensation for your losses.
If you or a loved one has been involved in a car accident, contact Danny Glover, Jr. to discuss your options and to discuss your legal options.
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