How Much Is My California Car Accident Lawsuit Worth?
If you were injured in an accident, you may be entitled to compensation.
Pursuing a lawsuit after being injured in a car accident can help you recover the costs associated with the incident. Determining the potential value of your case is an essential first step to understanding what a fair settlement would be. When you begin settlement negotiations, you’ll have a better idea of whether you should accept or decline and pursue litigation.
How much you may be awarded in a car accident settlement is generally based on:
Current and Anticipated Medical Costs
The costs of medical care are known as direct expenses, usually referred to as economic damages. These are easily calculable, and your attorney will help you add up your current medical expenses and estimate your future costs, usually with the assistance of a forensic accountant. The total cost of existing and future medical expenses is generally the starting point of your lawsuit.
Damage to Your Vehicle
In addition to medical expenses, the cost to replace or repair your car will be added to your economic damages.
Lost Wages and Employment Opportunities
The expense of being unable to earn an income while injured should also be added to the value of your claim. If you were permanently disabled as a result of the accident, your lawsuit should also include an estimate of your expected future lost wages.
Emotional and Physical Pain and Suffering
The emotional and physical turmoil of dealing with the aftermath of a car accident is difficult to calculate but should be included in your settlement nonetheless. Usually, this figure is tallied by multiplying the total economic damages using a formula based on the severity of the collision and resulting injuries.
Was Gross Negligence Involved?
In some cases, the wanton disregard for others by the at-fault party may be so egregious that a judge decides to award punitive damages. These damages are meant to penalize the defendant for gross negligence or extreme carelessness, such as if a multiple DUI offender caused another accident.
Contact a California Car Accident Attorney Today
Were you or a family member hurt in a car accident? You may be eligible for compensation for the damages you suffered as a result of another driver’s negligent actions. Injury lawyer Carl Brown understands the challenges of returning to everyday life after a devastating car accident and is committed to helping his clients obtain the full and fair compensation they deserve. Call for your free case consultation at (559) 431-4400.