How Much Is My Car Accident Claim Worth?

A serious car accident can be a costly experience. It’s not just your car you’re worried about. Your health may be in danger, and other expenses keep piling up. So how do you determine how much your car accident claim is worth?

Calculating your car accident claim may not be easy, but your lawyer at Albright, Stoddard, Warnick & Albright can help. Reach out if you’re struggling to get compensated fairly for your losses following the accident.

Economic Damages

After a car accident, your finances may take a serious hit. The financial losses you suffered because of the crash, also called economic damages, may already be accruing, and those damages can be difficult to track.

For example, you may already know you need compensation to get your car repaired. But you also needed medical treatment for a few days in the hospital. You also needed followup treatment and even surgery. During this recovery time, you may have missed several days of work, meaning you didn’t get paid because of your injuries.

When these expenses add up, it’s tough to keep track of all these losses and estimate your future costs. Luckily, your attorney can step in, calculate the costs of your injuries, and help you recover compensation for these expenses.

Pain and Suffering

But your losses are more than financial. You may have also suffered intangible damages that impact your quality of life. These nonfinancial losses, or non-economic damages, cover the costs of your pain and suffering, mental anguish, loss of enjoyment of life, and other types of suffering.

But how do you calculate these losses? They don’t have a price tag attached like your economic damages. Because of this, you may need help calculating their value.

The worth of your non-economic damages is based on their severity and their impact on your life. Let’s say you suffered a brain injury that made things you once loved to do impossible. Maybe you loved to play chess as a hobby but no longer have the focus to complete a game. That loss can have an impact on your emotions and your mental health, and you may be due compensation for it.

Seek Your Max Compensation with a Lawyer

When someone hits you in a car crash, they may have left you suffering and injured in the aftermath. They may be liable for your injuries, but you don’t know how much your claim is worth. That can make it tough to get compensated fairly if you don’t know what your claim is worth.

Don’t sift through the bills and complex losses by yourself. Your lawyer at Albright, Stoddard, Warnick & Albright can start with a free consultation so you know what to expect from your claim. Call 702-384-7111, or fill out the following online contact form.