What Factors Determine How Much I Can Recover From My Car Accident Case?
One of the most common questions we receive from new clients is “What is my car accident claim worth?” When you have been injured through the negligence of another, there are a number of factors which play in to what your potential recovery may be. There are three main factors that we use to analyze your potential recovery. Those factors are:
- Source of Recovery
In short, who is responsible for causing the car accident? If you are here searching for more information regarding the value of your car accident claim then it is likely that the opposing party was at fault for the accident that you or your loved one was involved in. However, if you are unable to present credible facts to a jury that prove that the other party was fault, then your ability to recover will be severely jeopardized. That is why it is extremely important to hire a Denver Personal Injury Attorney who is experienced on how to conduct a thorough and complete liability investigation. This can include visits to the scene of the crash, talking to witnesses, and anything else that will help prove your case. Without an ability to prove liability, your claim can be worth nothing.
Most often, a client’s damages play the largest role in determining the potential worth of a car accident claim. A large portion of a car accident victim’s claim will be related to the cost of medical treatment. This includes all past medical treatment and the projected cost of future expected medical care that is made necessary due to the motor vehicle crash. This is presented through bills from your medical treatment providers.
Another area of damages comes from your ability to earn money. This includes all past lost wages due to your injuries as well as future loss of income and/or loss of earning capacity. The total amount of time missed and the amount you earn will affect the value of your car accident claim. Depending on your profession and the severity of your injuries, this can be a major cause of damages.
You may also recover for any scarring or disfigurement that resulted from the car accident. The size, severity, and location of the scarring and/or disfigurement will affect the total value of these damages. For example, a large scar covering a car accident victim’s face will increase damages more than a small scratch on a person’s ankle.
If your injuries are to the point that you will suffer from permanent impairment or disability, you may also recover for these damages.
SOURCE OF RECOVERY
Even if you damages are in the millions of dollars, you are only able to recover what the other party has in insurance or in collectable assets. In most instances, this will be limited to what amount of liability insurance that the other party has paid for. In Colorado, this can be as low as $25,000 per person injured.
Overall, there are a many factors which go into how much your car accident claim is worth. It is best to work with experienced personal injury attorneys who can help you evaluate your claim. For a consultation, please contact Zinda Law Group.
Where Zinda Law Group Practices:
As we’ve grown we expanded out west to El Paso, Texas subsequently into Arizona adding Tucson Personal Injury Lawyers to the firm, as well as adding offices in Colorado including Denver Personal Injury Lawyers and the surrounding cities such as Colorado Springs.
Types of Cases We Handle:
We also have a team of attorneys that have experience serious injury cases such as car accidents, wrongful death and truck accidents. We also have experience handling more complex cases such as gas explosions and drug injury cases, such as the Taxotere® Lawsuits.
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