How Much is Your Car Accident Worth?
Car accidents are unfortunate but they happen frequently on the highways and byways of America. In a split second, lives can change forever for the victim and his family due to a collision. Injuries may be severe and need extensive surgeries and involve long hospital stays resulting in a total loss of wages. On the other hand, some car accidents will be minor fender-benders and just need a doctor in the ER to check you out and release you with a no significant injuries. The extent of sustained injuries will determine how much your car accident is worth.
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Claims or "worth" will be small or insignificant if the car accident was minor with no injuries. This is the time that you may want to settle out of court with the insurance company. Minor insurance claims such as a banged up door or a fender-bender will be small and provide enough money to cover the car repair, the ER visits and ambulance costs of the occupants involved in the collision.
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Suffer an accident with injuries ranging from minor to severe and your claim or "worth" will be greater depending on whether there was brain or spinal trauma involved. When lifestyle is lost, worth will be high, sometimes reaching into the millions. These monies would cover hospital bills, past, present and future, home-care, loss of lifestyle and consort and future wage-earning capacity.
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Claim for the death of a loved one killed in a car accident through no fault of his own calls for a high range of worth. Loss of life in the form of wrongful death may be claimed by the family.
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Go to court if required. Ultimately it will be a judge who decides what financial judgment to pass to the victims in the case. The judge will hear the pleadings of both parties, look at pictures of injuries, assess the accident and rule after considering all mitigating factors. Each case will be different and each "worth" based on its merit.
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