We all know that car accidents can be expensive, but no one realizes quite how expensive they can be. In 2021, motor vehicle injury costs were estimated at 498.3 billion dollars in total.
When dealing with the high costs of a Texas car accident, you should reach out to a lawyer to see if you have a car accident case. In most cases, a lawyer can help you get a car accident settlement to cover the expenses resulting from your car accident.
Finding out how much the average car accident settlement is can be tricky. Luckily, that’s where we come in.
We’ll tell you what to expect from a car accident lawsuit and how much you can hope to get. All you’ll need to do is keep reading.
The Process of Reaching a Car Accident Settlement
The first thing you need to do after a car accident is to see a doctor. If you’re visibly injured, you may even be taken to the emergency room in an ambulance. If you’re not visibly injured, you should still go to the doctor’s to make sure adrenaline isn’t masking your injuries.
After that, you should hire a lawyer and document the accident. The more documentation and evidence you have, the better your case will be.
Hire a lawyer before you ever try talking to your insurance company. They will put together a solid case before filing a lawsuit and help negotiate with your insurance company.
Hiring an attorney to help you through the legal process protects you from many things, such as low offers or underhanded trickery. Hiring a lawyer is the best way to make things easier on yourself in this regard.
What to Expect in Car Accident Compensation
If you file a claim for a lawsuit, you should be prepared for the offer of a settlement. Most insurance companies may want to settle outside of court. You should also consider settling outside of court, as trials can be unpredictable.
Be warned that it may take anywhere from weeks to months to complete your settlement. This includes time to investigate your claim and negotiate. To cut down on the time it takes, have your lawyer make certain all information is available promptly.
If the company offers you a settlement your lawyer deems fair, then you should take it. In fact, having a lawyer is nearly a guarantee you will get a fair settlement. Surveys have shown people with lawyers get paid significantly more than people without.
Overall, the payout for a car accident settlement averages between twenty and twenty-five thousand.
Schedule a Free Consultation
Now that you know how much the average car accident settlement gets, you know how much you deserve. Don’t try to fight for car accident compensation on your own- hire a lawyer who can help you with your car accident case.
If you’re ready to get the representation you deserve to have, then you should reach out to us here to schedule a free consultation. All you need to do is fill out the form and we’ll contact you as soon as possible.
Don’t wait- get your consultation scheduled today!