While the vast majority of states, excluding Virginia and New Hampshire, require that all motor vehicle operators carry minimum limits of auto insurance coverage, an uninsured driver will not automatically be found at fault and liable for a car crash.
Highest Paying Car Accident Injuries Traumatic Brain Injuries (TBI) ... Spinal Cord Injuries. Severe Orthopedic Injuries. Medical Expenses. Lost Wages and Earning Capacity. Pain and Suffering Damages. Liability Insurance Limits. Uninsured/Underinsured Motorist Coverage.
Multiplier Method Typically ranging from 1.5 to 5, higher variables are assigned to more severe cases. For instance, if you incurred $100,000 in economic damages and a 1.5 variable is applied, your pain and suffering damages would amount to $150,000. Using a variable of four, your claim would reach $400,000.
If your insurance policy covers damage to your vehicle and does not expressly exclude damage that's your fault, you can make a damage claim even though you caused the damage. Read your insurance policy's coverage provisions to see what it says.
Average Car Accident Settlement Examples in California Whiplash: $5,000-$20,000. Mild-Moderate Concussion: $20,000-$30,000. Knee or Shoulder Injury: $30,000-$100,000. Broken/Fractured Bones: $30,000-$100,000. Moderate Neck or Back Injury: $30,000-$100,000. Herniated Disc: $50,000-$100,000+
In general, car accident claims can take anywhere from three months to three years to settle with the negligent driver's insurance. Coverage, liability, damages, and the willingness of the other party's insurance to negotiate can impact how long it takes to resolve your accident claim.
The most common method used to calculate what a personal injury settlement should be worth is to add up the special damages and then add one to five times that amount for your pain and suffering, depending on the severity.
Always file a claim if there's serious property damage or potential injuries. Even if the other driver is honest and the accident was only a fender bender, the damage might be more serious than it appears. Additionally, a car might have hidden damage that won't be found until it's been looked at by a mechanic.
If you damage someone else's vehicle during a significant collision, and you're at fault, you should always file a claim.
If you damage someone else's vehicle during a significant collision, and you're at fault, you should always file a claim.