When it comes to rear-end accidents, people may wonder what they can expect in terms of a settlement. It’s important to understand that compensation can vary greatly depending on the circumstances of the accident and the damages involved, including injuries, property damage, insurance, and more. It is useful to learn what goes into determining a settlement amount and the factors that affect it.
What Affects a Rear-End Car Accident Settlement?
Many factors can play a crucial role in determining the amount of compensation you might receive following a rear-end collision. Here are key aspects that will be considered throughout the legal process:
- Severity of Injuries: While some may walk away with mild whiplash, others may suffer more seriously. The extent of injuries sustained impacts medical expenses, time away from work, and more. This is why it is a major factor in determining a settlement amount. Minor injuries might result in lower settlements, while serious or long-term injuries can lead to higher compensation.
- Medical Expenses: Medical costs related to an accident are taken into account. This includes hospital bills, surgery, physical therapy, and ongoing treatment. These are quantifiable amounts for economic damages that can easily be accessed by a car accident lawyer who will argue for higher settlements depending on how high the medical expenses are.
- Lost Wages: If time needs to be taken from work due to injuries, compensation for lost wages will be included in your settlement. The more significant the impact on your ability to learn, the greater the potential settlement amount.
- Pain and Suffering: These are non-economic damages that, while subjective, play an important role in determining settlement. Pain and suffering refer to the degree to which the accident has affected your life. This can include mental or emotional distress or loss of enjoyment of life and can have a significant influence on the settlement amount.
- Property Damage: The cost to repair any damage to your vehicle or other personal items is also factored into the settlement. If your vehicle is severely damaged or totaled, you will likely receive higher compensation.
How Is Rear-End Collision Settlement Determined?
There are several steps involved in determining the settlement amount for a rear-end accident. One of the most important aspects to keep in mind is that having experienced legal counsel on your side can help you maximize the compensation you deserve. A legal team will thoroughly investigate your case and ensure that no stone is left unturned in their pursuit of justice.
An investigation is one of the first steps taken. This involves a comprehensive evaluation of all of the damages like those mentioned above. This assessment is what forms the basis for the claim.
Insurance companies are a major point of contact throughout the settlement process. Getting that final compensation paid out involves negotiating with insurance companies to reach an agreed amount. The amount of insurance coverage available from the at-fault party and your policy can affect the settlement. Not all drivers hold adequate coverage and, in some cases, do not have any insurance coverage. In cases like this, your attorney will work to discover other options for pursuing compensation.
Comparative negligence is also a key concept to consider. Depending on the laws and regulations in your state, settlement amounts may be determined based on fault. If you were partially at fault for the accident, the settlement might be reduced accordingly. For example, if you are found to be 20% responsible for the accident, you may only receive 80% of the full settlement amount.
Learn more about faults in rear-end accidents in our blog post.
Reaching an agreement is ideal and once it is reached, funds can be disbursed. However, if negotiations fail to result in a fair settlement, taking the case to court may be a necessary step. This allows a judge or jury to determine the amount of compensation based on the evidence presented to them.
DM Injury Law’s Success with Rear End Collisions
As stated early, there are many factors that affect the settlement amount for car accidents and rear-end accidents. DM Injury Law goes the extra mile and fights for the absolute maximum for our clients.
Here are a few examples of past wins for rear-end cases we’ve taken on1:
- $1,075,000 – Motor Vehicle Accident: Our client sustained serious injuries after being rear-ended in a hit-and-run.
- $360,000 – Motor Vehicle Accident: Our client sustained upper body injuries and a knee injury after they were rear-ended while stopped at a red light.
- $300,000 – Motor Vehicle Accident: Our client sustained a broken femur and needed rods in his leg after he was in a car that was rear ended into oncoming traffic.
- $30,000 – Motor Vehicle Accident: Rear-ended by a semi-truck, resulting in neck strain and back pain.
DM Injury Law Will Fight for Maximum Compensation
The team at DM Injury Law is dedicated to fighting on behalf of victims of rear-end accidents. We understand the complexities involved in car accident claims, with decades of collective experience evaluating damages, negotiating with insurance companies, and pursuing legal action. With our expertise and commitment, you can focus on recovery while we handle the legal aspects of your case.
We’re here to guide you every step of the way. Contact us today for a free consultation on your case and learn more about your options.
- Past results obtained on behalf of clients afford no guarantee of future results and every case is different and must be judged on its own merits.
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