If you’ve been in a car accident you may be wondering how much your claim is worth. Unfortunately there is no easy answer to this question. Every car accident is different and the value of your claim will depend on a number of factors.
Some of the things that may affect the value of your claim include the severity of the accident the amount of damage to your vehicle the cost of your medical bills and whether you missed work as a result of the accident.
There are a number of online calculators that purport to give you an estimate of your claim’s worth but it’s important to remember that these are only estimates. The only way to know for sure how much your claim is worth is to speak to an experienced car accident lawyer.
At the law firm of XYZ our experienced car accident lawyers can help you assess the value of your claim and fight for the compensation you deserve. Contact us today for a free consultation.
How much is my car accident claim worth?
Answer: Your car accident claim is worth the total value of your economic and noneconomic damages.
How do I calculate the value of my economic damages?
Answer: Economic damages are damages that have a specific monetary value such as medical bills and lost wages.
How do I calculate the value of my noneconomic damages?
Answer: Noneconomic damages are damages that do not have a specific monetary value such as pain and suffering and emotional distress.
What if I was partially at fault for the accident?
Answer: If you were partially at fault for the accident your damages will be reduced by your percentage of fault.
What if the other driver was entirely at fault for the accident?
Answer: If the other driver was entirely at fault for the accident you will be entitled to 100% of your damages.
What if the other driver was uninsured or underinsured?
Answer: If the other driver was uninsured or underinsured you may be able to recover damages from your own uninsured or underinsured motorist coverage.
What if I was hit by a hit and run driver?
Answer: If you were hit by a hit and run driver you may be able to recover damages from your own uninsured motorist coverage.
What if I only have liability insurance?
Answer: If you only have liability insurance you will only be able to recover damages from the other driver if they are found to be at fault and have insurance to cover your damages.
What if the other driver was at fault but doesn’t have insurance?
Answer: If the other driver was at fault but doesn’t have insurance you may be able to sue them personally to recover your damages.
What if I wasn’t injured in the accident but my car was damaged?
Answer: If you weren’t injured in the accident but your car was damaged you can recover the cost of repairs to your car up to the fair market value of your car.
What if I was injured in the accident and my car was damaged?
Answer: If you were injured in the accident and your car was damaged you can recover the cost of repairs to your car the cost of your medical treatment and any other economic damages.
You can also recover for your pain and suffering emotional distress and any other noneconomic damages.
What if the other driver was entirely at fault and I have a five-figure insurance policy?
Answer: If the other driver was entirely at fault and you have a five-figure insurance policy you can recover up to the full amount of your policy limits.
What if the other driver was entirely at fault and I have a six-figure insurance policy?
Answer: If the other driver was entirely at fault and you have a six-figure insurance policy you can recover up to the full amount of your policy limits.
What if the other driver was entirely at fault and I don’t have insurance?
Answer: If the other driver was entirely at fault and you don’t have insurance you can sue the other driver to recover your damages.
What if the other driver was partially at fault and I have a five-figure insurance policy?
Answer: If the other driver was partially at fault and you have a five-figure insurance policy your damages will be reduced by your percentage of fault and you can recover up to the full amount of your policy limits.
