How Much Is My Car Accident Claim Worth

How much compensation you can expect to receive following a car accident depends entirely on how your claim is assessed and valued. There are various factors considered when calculating compensation due, and hiring a car accident lawyer can be of considerable help in making sure the full extent of your suffering is considered throughout the process. 

Read on for more details on the multitude of factors that influence a car accident settlement and how a reputable car accident lawyer can help you make a full recovery.

Factors That May Apply in Your Car Accident Claim

Before moving ahead with your case, your lawyer will seek to determine liability to establish you bear no fault and are thus entitled to compensation. Liability can be complicated to prove, relying on assessing an array of factors that may contribute to road traffic accidents, such as negligent driving, alcohol consumption, and cellphone use. Road traffic laws exist to highlight these dangers and deter road users from breaking them and potentially putting themselves and others at risk. 

If your lawyer believes another party is liable for your accident, they’ll rely on the gathering of evidence to further prove support your claim. A high volume of information gathered in the initial investigation is of great help towards seeking the compensation you’re owed. CCTV footage, witness statements, or dashcam footage can all aid your case and help build an accurate picture of the events that occurred. 

How Is a Settlement Negotiated? 

All car accident cases are unique, and your lawyer will consider this when assessing the severity of your losses. They’ll determine both short-term and long-term complications of your accident and the implications these have had on you as an individual, physically, emotionally, and financially. You may be required to fill out an ‘Alabama state board of adjustment claim for personal injury’ as part of this process.

Settlements in car accident settlements can range from anywhere between $2,000 and $2,000,000. It’s difficult to accurately quantify an individual’s financial loss and their pain and suffering. For this reason, claims are considered on their own merits, taking into account all aspects of the victim’s life to reach a representative figure. Your lawyer will use all relevant factors to approach the opposing party, or their insurer, with a settlement they feel represents the suffering you’ve endured and attempt to negotiate an agreement.

How long this process takes is dependent on how willing the opposing party is to agree to the terms offered. More complicated cases, in which the compensation sought is higher, may result in a more extended negotiation period or may end up being heard in court instead. Though this may seem intimidating, a protracted case may allow the court to take long-term damages into greater account, and you may therefore receive a higher sum of compensation. Your lawyer will provide guidance and advice throughout the process, allowing you to make informed decisions on how you’d like to proceed.

Find the Right Car Accident Lawyer in Birmingham, Alabama

If you’ve been the victim of a car accident through no fault of your own, contact Henry Dailey Law Firm for advice on how to proceed and representation in your upcoming case. You can reach us via our contact form or call us at 205-995-2412 to schedule your free consultation today. We’re always happy to help victims in our community seek the justice they deserve. For more quick answers, check out our car accident FAQ page.