How Much is a Car Accident Settlement Worth?

Even if you’re a safe driver, when a negligent driver is on the road, it can result in disaster. Each year, there are over six million car accidents reported across the United States. After a car accident, victims are often left with life-altering injuries that may lead to extensive losses. If you or a loved one has been injured due to another driver’s negligence, a car accident lawyer may be able to help you with your settlement.

The Barnes Firm‘s team of car accident lawyers with extensive experience helping clients who have been the victims of car accidents pursue the best possible settlement offer for their losses. After being injured in a car accident, many victims want to know how much a car accident settlement is worth.

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How Much Can You Get From a Car Accident Settlement?

There is no simple answer to this question. This is because the amount of money a person can expect to receive from a car accident settlement will vary greatly depending on the factors of the accident and the losses they’ve suffered as a result. Some of the factors that may affect a car accident settlement amount include:

  • The severity of the victim’s injuries
  • The past, present and future medical expenses that the victim or their family has had to pay to treat injuries caused by the accident
  • Lost wages or lost earning potential
  • Whether the victim is found to be partially at fault for the accident

A car accident lawyer may be able to help you understand an estimate of the amount you should receive for your car accident settlement.

Toy cars demonstrating an accident on a background of 100 dollar bills

How Will You Be Compensated if the At-Fault Driver is Uninsured?

If the driver who hit you does not have insurance, you may think this means you won’t be compensated at all for your losses. However, there are ways to still receive settlement money despite the at-fault driver being uninsured. One option is to sue the at-fault driver directly. While you’re within your legal rights to choose this option, it may not be advised depending on your situation.

If a person does not have car insurance, it’s likely because they do not have the money to pay for it. If this is the case, it’s unlikely you’ll receive the settlement amount you are owed if you do sue the driver, as they’ll likely have limited financial resources to offer.

The second option you have is to file a claim with your own insurance company. It’s crucial that you keep uninsured or underinsured motorist coverage in the event that this ever happens to you.

Common Causes of Car Accidents

Car accidents can happen to anyone at any time. The leading cause of car accidents in New York & California is negligence. When a driver is negligent behind the wheel, they may not be as alert and cause an accident. Some common examples of driver negligence include:

  • Speeding
  • Distracted driving
  • Reckless driving
  • Road rage
  • Driving while under the influence of drugs or alcohol
  • Inexperienced drivers
  • Driving while drowsy

If you’ve been involved in a car accident, contact one of our skilled car accident lawyers now to help with your settlement claim.

woman holding her head in pain after an injury with a car accident scene in the background
woman holding her head in pain after an injury with a car accident scene in the background

Common Causes of Car Accidents

Car accidents can happen to anyone at any time. The leading cause of car accidents in New York & California is negligence. When a driver is negligent behind the wheel, they may not be as alert and cause an accident. Some common examples of driver negligence include:

  • Speeding
  • Distracted driving
  • Reckless driving
  • Road rage
  • Driving while under the influence of drugs or alcohol
  • Inexperienced drivers
  • Driving while drowsy

If you’ve been involved in a car accident, contact one of our skilled car accident lawyers now to help with your settlement claim.

Get Help From Our Best Car Accident Lawyer

If you or a loved one has been injured in a car accident, you deserve to be financially compensated for the losses you may have suffered as a result. To get help with your car accident claim, contact one of our best car accident lawyers.

The Barnes Firm is dedicated to helping clients build strong car accident claims to help them pursue the justice they deserve. Our skilled legal team provides clients with the award-winning representations they deserve. For a free case evaluation, contact us here.

The Barnes Firm (800) 800-0000