How Much is My Car Accident Claim Worth?

Monday, July 19, 2021

How Much is My Car Accident Claim Worth?

After a car accident, you might know that someone else was to blame. You might be certain that you can file a claim against the other driver’s auto insurance policy to recover compensation for your losses. However, how do you know how much compensation to request? 

This is a common question because it is not always an easy one to answer. Below are some factors that help to calculate car accident claims. The best way to get information about your specific case is to contact a Chicago car accident lawyer directly for a free case evaluation. 

The Medical Care You Needed

The primary component of a car accident claim is medical expenses. If you suffered injuries in a crash caused by another person and needed treatment, you should not be responsible for paying ANY of your medical bills. The driver who caused the accident should be the one to do so. This means your claim should include all medical costs you incurred in relation to your injuries. 

Medical bills might include:

  1. Ambulance transportation
  2. Emergency room care and diagnostics
  3. Hospitalization or time in the ICU
  4. Surgical procedures and aftercare
  5. Medication
  6. Medical equipment
  7. Physical and occupational therapy
  8. Home health care

In addition, some people might still be undergoing treatment long after an insurance claim is resolved. This means that you have to consider your future medical expenses, as well. But how do you prove bills that you have not received yet? 

Your car accident lawyer can consult with experts who can advise on the medical treatment you will likely require and the associated costs of that treatment. 

Lost Earnings

Car accidents can disrupt your life in many ways – including keeping you out of work. Whether you miss a few days or a few years, you deserve to recover financially for any income that you lost. You can submit pay statements and other records to prove this amount. 

If your injury caused a disability that prevents you from working in the future, you can also seek compensation for future lost earnings. If you needed to get a lower-paying job because of your injury, you should recover for the difference in earning power you now have. Future lost earnings can also require a consultation with economic and occupational experts to prove your losses. 

Intangible Losses

Too many people overlook these losses, as their focus is on the financial expenses they face. However, injuries can affect your life in many different ways, and for severe injuries, you might be able to seek compensation for:

  1. Pain and suffering
  2. Loss of enjoyment of life
  3. Mental and emotional trauma
  4. Permanent disability or disfigurement
  5. Loss of consortium (through your spouse)

An attorney can help you determine how to value and calculate these intangible damages so that you can receive the full amount you deserve for your claim. 

Speak with a Chicago Car Accident Lawyer Today

If you need to file a car accident claim following an injury, you want the assistance of Malman Law. Call (312) 629-0099 or contact us online to consult with a member of our legal team. 

What’s your case worth? Submit for a free case review

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