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Q: How will my attorney arrive at a fair settlement amount for my auto accident claim against another individual?

A: Among the factors that will be considered are the severity of your injuries, recovery time, amount of pain that you endured, amount of lost wages, cost of medical care and property damage, etc. In general, lost wages, medical bills and the cost of repairs will be fully covered. Because it is difficult to put a dollar amount on pain and suffering, this is sometimes figured in accordance with the cost of medical bills. Multiplying the medical bills by 1 or 2 may be a fair amount of compensation for pain and suffering if the injuries were minor, while a higher multiplier may be used if the injuries are more severe or resulted in lengthy treatment.

 

 

 

 

DISCLAIMER: This website provides only general information intended to be a starting point for most legal issues. This information is not legal advice, nor is it intended to create any binding advisory relationship. Do not take action based upon this information unless you consult with an attorney or other specialist.