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What Is a Car Accident Settlement?

If you or a loved one were severely injured in a car accident, you may be entitled to compensation. An attorney will negotiate with the responsible party to help you receive the compensation you deserve.

Often, this compensation is determined with a settlement, which is an agreement between parties to resolve a legal claim for damages

A car accident settlement usually involves you agreeing to end the lawsuit in exchange for a payment from the party who has legal liability for your injuries.

How Much Will I Receive in My Car Accident Settlement?

This varies case by case and state by state. The amount of a settlement can differ substantially depending on the jurisdiction in which the accident occurred. The amount will also depend on the facts of the case itself. 

Every car accident has a number of variables that determine how much you have a legal right to receive. Following a car accident, the responsible party's insurance company is required to pay the following costs:

  • Car repair bills or quotes from mechanics
  • Hospital bills and related medical expenses
  • Lost wages from work and other lost income
  • Pain and physical suffering
  • Permanent physical disability or disfigurement
  • Emotional damages 

Insurance companies use a variety of methods to calculate the value of car accident claims and they often will seek to minimize compensation

How Can a Car Accident Injury Lawyer Help?

Your insurance company may make it difficult to recover full and fair compensation for your car accident injury.  Hiring a lawyer can give you your best chance of getting the compensation you deserve.

At Morgan & Morgan, we have the know-how and experience to fight these kinds of insurance disputes. Our attorneys can help you decipher the true value of a claim, and we will fight to recover the full restitution you are owed.

When you’re injured, you can count on Morgan & Morgan. Contact us as soon as possible to learn about your legal options.

Contact Morgan & Morgan

All law firms are not the same. With over 800 attorneys, Morgan & Morgan has the resources to fight against even the biggest insurance companies. You can count on us to fight for full and fair compensation for you. To date, we have recovered $10 billion for our clients. 

You can contact our specialized, car accident attorneys today by filling out a free, no-obligation case evaluation form. Our attorneys have decades of experience fighting for car accident victims. Let us fight for you. We only get paid if we win for you.

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