How to Estimate a Settlement From an Auto Accident
If you have been involved in an auto accident and were injured as a result of the other driver's negligence, then you are likely entitled to compensation for your injuries. State laws vary regarding what type of compensation a victim is entitled to in car accident settlements, making a universal formula impossible, but you can take some steps to attempt to estimate the value of your car accident settlement.
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Instructions
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Research your state laws with regard to tort damages to determine what type of damages you can collect in your state. Torts are the area of law that auto accidents fall into, and" damages" is a legal term meaning injuries. For instance, some states only allow "pain and suffering" type damages in serious auto accidents. State laws can be found online, at a local library or by contacting an attorney.
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Conclude all of your treatment. You cannot estimate the value of your case until your treatment is finished and you have received a final bill and a narrative report indicating your future prognosis.
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Add up all of your special or actual damages. These are things such as medical or hospital bills, loss wages and property damages.
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Multiply the total of your special or actual damages by anywhere from one and a half to four. The value of your "pain and suffering" damages is very subjective, but is usually calculated by multiplying your actual damages by a number from one and a half to four (sometimes more in very serious cases) depending on the seriousness of your injuries.
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