From a general standpoint, if you’ve been injured in a car wreck, the at-fault driver is responsible under the law for compensating you for the damages and harms done to you. As such, the greater the damages and harms done to you, the larger the amount of compensation.
With that in mind, the value of your car accident settlement will depend on several factors. First, the amount of medical bills that you have accrued will be an important starting point. All reasonable medical treatment will be represented in any settlement or verdict, so the more in medical bills, the larger the settlement. As you can see, there will be a big difference in a case involving 6 weeks of chiropractic treatment, and another requiring 3 surgeries to repair broken bones. Future, verifiable medical bills, like upcoming procedures or treatments, should be included.
Second, the value of the settlement will be determined by the permanency of the injury. So for example, a case involving life-long decreased range of motion in the elbow due to a car wreck will be calculated differently than one in which the range of motion is only affected for a few months.
Along those same lines, compensation generally is equal to the amount in which the injury has affected your life. So, let’s use the same example as above. Range of motion of the elbow will affect a professional basketball player more than it will a receptionist. In other words, when the injury affects the identity or livelihood of the victim, then the settlement amount will be larger.
By extension, the amount of lost wages will also be factored in. Georgia law allows for compensation for any lost wages. This will be the case regardless of whether you are the CEO of a fortune 100 company or a part-time employee.
These are just some of the factors involved in computing a settlement. If you’ve been injured in a car wreck, and you do not know how much your potential settlement may be worth, then please, don’t hesitate, call and speak to one of our Atlanta car accident lawyers today. Our consultations are always free.