Valuing a Car Accident Claim

Valuing a Car Accident ClaimRead this article about valuing a car accident claim to find out how much your injury case might be worth. Schedule a free consultation today.

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Question:

How much is my car accident claim worth?

Answer:

I had a client who came in last week that was involved in a car accident and wanted to know how we go about valuing a car accident claim. There are several factors that you must look at. First of all, what is the extent of your injuries? Was your arm hurt? Was your back hurt? Was your neck hurt? How is it going to affect you in the future?
The second thing is how and why did the accident happen? For example, was the driver drinking and driving? Was the driver texting on their phone? Was the driver distracted by a dog in the car? All of these are important factors in determining what the value is. Additionally, you must look at the amount of insurance that the defendant driver had. All these factors go into determining the value of your case. If you have any questions whatsoever, we are here to help.

Furthermore, we will be looking into two main facets of your case to determine the value of your claim. In valuing a car accident claim, we look at two types of damages: economic damages and non-economic damages.

Economic damages are all the ways in which this accident has cost you money. That would include all the medical bills you paid and will continue to owe as well as the wages you missed out on if you had to miss work for your recovery. It may also include travel costs if you had to travel to receive specialized medical care.

Your non-economic damages are more to do with the intangible damages you suffer from being involved in an accident. That includes your pain and suffering, reduce of quality of life, and so on. We fight for your results to be as fair as possible.

The insurance company does not want you to receive your case results in the fullest possible amount. They are going to aim to reduce the value of your case. It is our job to fight against them to get them to fold.

If they ever reach out to you to get a statement about the accident, please let your lawyers handle this for you. If you speak to the insurance company unrepresented, you run the risk of them backing you into a corner to get you to say something to reduce the value of your case.

When you have the help of our lawyers by your side, you can rest assured knowing that you are getting a fierce defender.

Were you or a loved one seriously injured in a crash and have questions about valuing a car accident claim?
Contact our experienced Texas car accident attorneys at Garcia & Ochoa today for a free consultation and case evaluation.
Let our experience work for you.