Car accident settlements are useful for resolving legal disputes between an injured person and the entity responsible for those injuries. The legally liable party as per a typical car accident settlement pays money to the injured party, who then releases them from future liability.

Car accident settlements are also useful in bringing a final end to legal claim made for damages. Lawyers work hard to ensure that the settlement amount paid to the car accident victim meets their financial needs fully. During your initial consultation with Walch Law we can answer your questions about the process, let you know how much your case might be worth and so much more. Call us now!

Car Accident Settlement Parties

Lawyers are responsible for figuring out all the parties legally liable for the injuries suffered by their client. This is done by investigating all the facts of the accident. There are three components of a car accident that needs to be determined by your lawyer.

People on the roads owe a duty of care to each other. Your lawyer will identify all the people that owed you a duty of care and ignored it recklessly. Breach of duty of care makes them responsible for the accident. For instance, did the mechanic not do a good job of repairing the brakes or did the driver cut the victim off dangerously on the road.

The lawyer also needs to identify the breach that directly resulted in the accident and victim’s injuries. Often, there can be more than one entity or party that caused injuries to the victim through breach of duty of care.

Examples of settlement parties:

• Driver of the vehicle
• Employer of the driver
• Restaurants and bars
• Manufacturer
• Government agencies

Amount of Car Accident Settlement

Capable and skilled car accident injury lawyers work towards achieving a settlement which reflects the level of harm experienced by the accident victim. The dollar amount sought by lawyers should reflect severity of victim’s expenses, victim’s expenses, and the impact of injury on the life of the victim.

Two categories are encompassed in car accident damages – economic and noneconomic damages. Economic damages include actual out of pocket expenses where noneconomic damages involve the negative effect of injuries on the victim’s wellbeing and life.

These are a few types of damages sought in a car accident settlement:

• Medical expenses
• Vehicle damage
• Loss of wages
• Loss of future earning capacity
• Injury or accident-related expenses
• Pain and suffering
• Life difficulties
• Loss of enjoyment of life
• Damage to personal relationships

Factors to Consider in Car Accident Settlements

While economic damages can be easily calculated, it can become difficult to put an amount on non-economic damages. These are a few factors that would be considered by your attorney:

• Your age
• Severity of injury
• Impact of the accident on your daily chores and personal care tasks
• Extent of medical treatment required to treat the injury
• Physical pain associated with the treatment
• Severity of physical disability or disfigurement
• Level of mental anguish and physical pain

Seek Skilled Car Accident Settlement Attorneys

It can be confusing being in a car accident. You may have piling medical bills and other things to focus on. It can be difficult focusing on filing a legal claim or speaking with the insurance carrier of the at-fault party. The knowledgeable attorney team at Walch Law are here to help you. Schedule a consultation today by calling at (844) 999-5342 or using our online form.