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Dulaney, Lauer & Thomas

What is the formula for calculating a fair car accident settlement in Virginia?

 

If you were involved in a car accident and are pursuing a personal injury claim, you may be wondering how a fair settlement is calculated. You should know that there is no set formula on determining how much a plaintiff can receive because each injury case is unique and has different number of elements to consider; however, based on past cases and knowledge of the law, a Gainesville car accident attorney can estimate how much you may be entitled to and what compensation you could pursue. 

When calculating a car accident settlement these factors come into play: 

  • the physical injuries and impairment you have sustained;
  • the cost of medical bills to deal with these physical injuries;
  • the length of your recovery;
  • the future cost of medical treatment, if on-going;
  • past and future physical pain and suffering;
  • past and future emotional and mental distress; and
  • the cost of car repair bills. 

Other special extenuating circumstances may be included, dependent on the situation. In states where a “no-fault” policy exists you may not be able to collect on pain and suffering from the insurance company, but may be able to do so against the driver; however, these are factors a Gainesvillecar accident attorney will consider when calculating how much to pursue in a personal injury claim. 

In order to increase your chances of a fair and full settlement, you should keep copies of all police reports, medical records and repair invoices to help achieve an accurate amount as well. 

Contacting a  Car Accident Attorney for Help with Your Claim 

If you are unsure about what you may be entitled to after a car accident, schedule a FREE case evaluation with an attorney. The team at Dulaney, Lauer and Thomas will work to get you what is fair and what you need to get your life back to normal after a car accident. Call today for help at 540-341-0007.