Car accidents can be particularly traumatizing. Even if you escape unhurt, you may experience driving anxiety and dread when on the road again. If you are physically injured, you may suffer even more damages in the coming weeks or months. The aftermath of a serious car accident is stressful financially, physically, and emotionally. At this point, you may need assurance that you will be back on your feet again, but sadly, this may depend on your financial capabilities to afford the best medical care. You may need money to offset your medical bills and meet your new physical limitations.
Unfortunately, not everyone is financially able to meet the needs that follow a car accident. Even with existing insurance coverage, you still need to file a formal claim for compensation. The process is often unfair, with some insurance companies denying liability or undercompensating injured victims. So, if you have decided to pursue a personal injury claim, you may need a skilled auto wreck attorney to help you recover compensation in a Deer Park car accident case.
Generally speaking, you may recover compensation for your Deer Park car accident claim if you can prove that someone else was responsible for your injuries and damages. In other words, you must establish the four basic elements of negligence, which are:
To start the legal process, you need to speak with an accredited attorney. Your case will be filed in the jurisdiction where the party at fault resides or where the accident happened. An experienced attorney is your best match since they know the local court venues and will, therefore, choose the best legal avenue for you if you must file your case in court.
Unfortunately, there is no approximate or predetermined amount of compensation you should receive for a personal injury claim. Instead, your settlement reflects the true value of your damages and losses. There are three major types of compensation that you may receive after a severe vehicle collision. They are:
Also referred to as tangible losses, economic damages take into account the monetary losses you incur following a car accident. They may include:
When calculating your claims, it’s important to factor in any future financial losses you are likely to incur due to the accident. Remember to include future medical costs, especially if your injuries are long-term or permanent.
Unlike tangible losses, non-economic damages are difficult to convert into monetary terms. They encompass intangible losses, such as:
When deciding to retain a car accident attorney for your case, you must consider their track record. A good attorney understands the critical role of fact witnesses in calculating the value of non-economic damages.
Unlike tangible and intangible losses, punitive damages do not make you whole again. Instead, they are awarded if the judge or jury deems it necessary to punish the defendant. This is done with the intention of preventing others from making the same mistakes. Punitive damages are often awarded in personal injury cases involving reckless or drunk driving.
After suffering injuries in a traffic wreck, you should be compensated for all your losses. Understanding which parties are responsible for compensating you is crucial. The circumstances of your accident determine who will compensate you. Regardless, your compensation will likely come from the defendant’s insurance company, the defendant’s personal assets, or your own insurance policy.
If you were at fault for the accident, your insurance coverage may compensate you. However, if you are not covered, you may have to bear the losses from your own pockets. On the other hand, if another driver caused the crash and had insurance coverage, their insurance company may compensate you. But if not, they could resolve the case from their own assets.
Collecting compensation in a Deer Park car accident case is never a walk in the park. Without proper legal representation, you may lose out on your rightful compensation. Remember, the Texas statute of limitations allows you up to 2 years to file your case. So it’s crucial that you speak with one of our Lone Star Injury Attorneys as soon as possible. Call our offices today for a free legal consultation.