When you suffer an injury in a car accident that someone else caused, it can be hard to even consider what “fair” is in this situation. There is so much stacked against you, and you probably have a number of concerns about how fair the insurance company will be. That is a justified concern.
At any rate, it can be hard to put a number on your recovery, but what is a fair settlement for a car accident in your situation? What can you expect, and what is too low?
At BDIW Law, our car accident attorney in Oklahoma believes there is no single factor that makes one level of compensation acceptable or another for a car accident. The bottom line is that you should receive compensation based on your specific losses and how this injury and incident will impact you in the future. With our 65 years of experience behind us, we can often provide you with some idea of what your case is worth, but it is not always what you expect.
What Will You Get After a Car Accident?
Often, victims of car accidents caused by other people want to know if they should just take what the insurance company offers or hire an attorney to get more. That is why they often ask what is a typical, fair settlement. Yet, every situation is vastly different.
The good news is you can request a free consultation with our legal team to discuss your case and get an idea of whether we feel we can help you obtain more than what you may be expecting.
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What Factors Play a Role in Determining Your Compensation After a Car Accident?
One of the first steps our car accident attorneys take is to determine what your losses are. This is the best way to determine what compensation you are owed. Yet, it is not always a simple answer.
The most common initial losses people face are economic losses. These are verified by the bills you have from the incident. You may have various examples of this, such as:
- Medical bills from the ambulance ride
- Emergency room costs
- Specialist bills
- Rehabilitation costs
- Medication purchases
- Hospital admission bills
- Specialized labs and testing bills
You also may have lost time at work, and that can be considered an economic loss as well. These are all specific factors that play a role in your recovery. Someone else should pay for them.
Another factor to consider in seeking fair compensation is for noneconomic losses, or those things you have to deal with now that you may not have before. This includes things like pain and suffering, not just during the incident but throughout your recovery. You may no longer be able to engage in activities you like.
Some people go through very difficult and life-changing emotional trauma, which can impact their ability to work, relationships, and quality of life. Though these factors may be more difficult to pinpoint in terms of a dollar amount, our car accident attorneys will work to determine just how much this incident has cost you. To do that, we can:
- Look at the evidence of how this has changed your life.
- Use cases like yours to help provide insight into what is fair for you.
- Gather statements from expert witnesses about how this incident will impact you in the future.
This takes experience. Because of how complex this process can be, without a doubt, we want to ensure the research is done properly. If an insurance company is offering a free settlement to you, and they have not done this work for you, it cannot be fair and accurate.
How Is a Fair Settlement Determined After a Car Accident Then?
With all of this information and insight, we can then work to better understand what amount of money we can help you seek for your losses. There is often some negotiation with the insurance company and other responsible parties about this. Remember that the job of the insurance adjuster is to prove they should pay less. Our job is to make sure they pay as much as possible for those losses.
Our negotiation skills and experience in creating highly accurate and well-researched settlements allow our team to help our clients to get the compensation they are owed. Whenever possible, we aim to do this by reaching a settlement agreement with the responsible parties.
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Do You Need to Go to Trial for a Car Accident?
There are some situations where insurance companies may not agree to the terms and figures presented. They may try to pressure you into settling for less than you are owed or even bully you into believing that what you are asking for is too much. When this happens, having an experienced car accident attorney by your side is critical.
When it is necessary, we go to trial for our clients, showing a judge and jury how the negligence of the other driver or responsible party has damaged your life. We are aggressive attorneys in this way, though we are dedicated to seeking fair and just compensation for our clients in all matters.
Your life has changed due to someone else’s negligence. It may be very hard to pull the pieces together and rebuild. We cannot take away that pain and struggle, but we can help you to get any compensation owed to you.
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Set Up a Free Consultation to Talk to Us About Your Case
At BDIW Law, our car accident attorneys provide free consultations to our clients to discuss their cases and provide clear information on what they can expect. What is a fair settlement in car accidents, then? When you set up an appointment with our team, we can offer that insight to you.
Call our office or submit our contact form to learn how we can help you through this legal process by scheduling a free consultation. Our car accident attorneys in Oklahoma City are ready to work hard to fight for what really is fair in your case.
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