view of a sidewalk with trees on the left and suburban houses on the right

South Carolina Personal Injury Law Blog

Schedule Consultation
Avvo the national top 100 trial lawyers

How is a Car Accident Settlement Calculated?

Being injured in a car accident puts you in a difficult position, and if the accident was caused by another driver’s negligence, the matter can be that much more challenging. In order to recover compensation for your losses, you will file a car accident claim with the at-fault driver’s insurance provider, and a better understanding of the process can help you better protect your claim. A universally beneficial step that everyone in your position is encouraged to take is consulting with an experienced Pawleys Island car accident attorney as soon after the accident as possible.

Car accident claims reflect the legal damages – or covered losses – that claimants experience as a result of negligence on the part of other drivers, which can come in many forms including, distraction, impairment, exhaustion, excess speed, and more. In addition to property damage to your vehicle, your losses will be categorized into three primary groups.

Your Medical Bills

The injuries you suffer in a car accident can be life-altering, and the medical bills that you face can be ongoing. There are health complications as well as secondary health concerns to consider, and you may be facing related surgeries and medical needs in the future. Your medical team will help establish exactly how seriously you have been injured, your prognosis, and your potential future healthcare requirements.

Your Lost Income

A very serious injury can leave you unable to work, but any losses in this category can prove financially challenging. For example, if the trajectory of your career is altered or your earning potential takes a hit, it can translate into decades of financial loss.

Your Physical and Emotional Pain and Suffering

It can be difficult to overstate the immense pain and suffering you experience in the wake of a violent car accident that was caused by someone else. Many victims experience PTSD-like symptoms that can interfere with their sleep, increase their anxiety, leave them fearful of getting back behind the wheel, and lead to terrifying accident flashbacks.

The Matter of Fault

Fault in a car accident is proven in accordance with the evidence, but you should know that – even if you share fault in the matter – it won’t stop you from recovering the percentage of your losses that the other driver is responsible for. As long as you are determined to be no more than 50 percent at fault, you can move forward with a car accident claim against the other driver.

An Experienced Pawleys Island, South Carolina, Car Accident Attorney Is Standing By to Help

The practiced Pawleys Island car accident attorneys at Oxner & Stacy Law Firm LLC will spare no effort in our focused pursuit of a just settlement that fairly addresses every category of loss you experience. Your ability to fully recover can hinge on your settlement, so please don’t delay reaching out and contacting us online or calling 866-586-0116 for more information about what we can do to help you today.