Sadly, over three million people are injured in car accidents each year. If it happens to you, who will cover your medical bills, pains, and missed time from work?
Car accident pain and suffering is extremely common, even with minor injuries. Are you eligible for any compensation after your accident?
Yes—if you’ve been a victim of a car accident, then you should be able to receive compensation. This is a lump sum that will help relieve some of the emotional and financial pain that comes after an accident.
To learn more, keep reading to find out more about how pain and suffering compensation works and how it can help you.
What Exactly Is Considered Car Accident Pain and Suffering?
Pain and suffering is a broad term used to cover physical and mental pain experienced after a car accident.
This covers things like back pain, whiplash, broken bones, time away from work, and emotional anguish. The trauma of being in a car accident can linger for months and even years, impacting your ability to work, drive, or lead a normal life.
How Are Pain and Suffering Payments Calculated?
Pain and suffering are often subjective, making it hard to put a price on your health. However, two methods are most commonly used.
The first is known as the multiplier method. With this method, the cost of your medical bills and lost wages will be multiplied, usually by three, creating a flat settlement fee.
Another method is known as the daily rate method. For example, if you were recovering for two months after the accident, and you earn $150 per day, you can multiply your daily rate by the number of days of work you lost.
Your personal injury lawyer can help you decide which method is best. The average pain and suffering settlement for car accidents vary, but it should be enough to support you while you’re unable to work.
How Can I Maximize My Settlement?
First, you’ll need an expert car accident attorney who knows everything about the laws in your state. They can work with the insurance companies and the lawyer of the other driver to work out the highest possible settlement.
Also, we recommend keeping all of your documents. Evidence, such as medical bills and letters from your employer is essential to documenting your case and proving that you’re entitled to a large payout.
Use These Tips to Understand Car Accidents Payments
Car accident pain and suffering is a traumatic and emotional thing to go through, as no one asks to be injured in an accident. However, if it happens to you, use the tips above to get a fair settlement for your case.
It helps to find the right lawyer as well, as the legal process is incredibly complex and confusing. A lawyer can help simplify things, relieving some of your stress.
Soon, you’ll be on track to receiving your settlement and getting your life back.
Was this helpful? If so, please keep reading for more informative tips.
