If you ask a car accident attorney, he will tell you that one of the most common queries he is asked is how much will the client receive for his accident settlement. There is nothing called an average car accident settlement and hence the answer to this question is based on several circumstances and facts about the case.
A reliable personal injury attorney will analyze every factor that has an effect on the settlement of a car accident claim. It is the job of the Attorney to minimize the factors that could diminish the claim’s value while maximizing the factors that could increase the worth of the car accident claim. This is why it is necessary to hire the best injury lawyer in Portland in order to expect a favorable result. Here are the factors that are taken into account.
Fault for the cause of the car accident
In the majority of cases, the party or the driver who caused the car crash is responsible for the damages to the victim. Nevertheless, contributory negligence can have a strong impact on how much money the victim can receive for his damages. If you too should be blamed partially for causing the accident, your compensation can get reduced in accordance with the percentage of your fault. This is why you should never admit fault for a car accident unless you have a talk with your car accident attorney.
The type and security of injuries after your auto crash
The damages caused in a car accident increase with the severity of the injuries of the victim. Hence, the amount of an accident settlement for a case that involves spinal cord injury will definitely be higher than the settlement amount for another case that involves a minor injury. Victims of car accident cases who sustain permanent disabilities might seek damages for future financial losses. They can also ask for compensation for ongoing mental suffering and pain.
The amount of liability insurance coverage
Liability insurance compensates the victims of car accidents for their damages. The majority of the states require a minimum amount of liability car insurance where drivers should have a minimum of $25000 in car insurance for physical injury. However, $25000 is not huge money for a person who sustains critical injuries in a car collision. This is where a car accident lawyer can help you in recovering more money by filing an underinsured motorist claim with your Insurance Company.
Strength of proof
You have the responsibility to prove that the other driver was liable for the car accident. The car accident settlement will most likely be higher if you have enough evidence to prove the other person is faulty. Lack of evidence or weak evidence could reduce the amount of money that you get for a car accident claim.
Whenever you hire an experienced car accident attorney who has a record of winning maximum cases, the insurance company considers this factor while making a settlement offer. The insurance company will make a fair settlement when it knows that you have a professional lawyer working on your behalf.