car accident lawyer Raleigh, NC

Factors That Affect Car Accident Settlements

If you have been in a car accident, our Raleigh, NC car accident lawyer is here to help you pursue the compensation that you deserve. Settling a car accident claim involves several factors that determine the amount of compensation you might receive. While there are many different types of vehicle accidents, and every case is different, certain elements consistently impact the settlement process.

Our firm has assisted hundreds of clients in recovering millions of dollars in compensation after accidents. With decades of combined experience, our attorneys have the knowledge necessary to provide the dedicated legal assistance that you deserve. If you have been in a car accident, contact our team at the Burton Law Firm today to schedule a consultation.

  • Liability and Fault Determination

Who is responsible for the accident plays a major role in a settlement. If liability is clear and the other driver is entirely at fault, the claim is usually more straightforward.

  • Severity of Injuries

The extent of injuries affects both the value and timeline of a claim. More severe injuries often lead to higher settlements because of increased medical expenses, long-term care needs, and the potential impact on a person’s ability to work. Minor injuries may result in lower payouts but can still warrant compensation for medical bills and pain. Our team will help you evaluate your losses and determine the full extent of compensation that you deserve.

  • Lost Wages and Loss of Earning Capacity

If injuries prevent someone from working, lost wages are factored into the settlement. For serious injuries that impact future earning potential, compensation may cover lost income over an extended period. Pay stubs, tax returns, and employer statements can help support this part of the claim.

  • Pain and Suffering

Beyond financial losses, settlements may include compensation for physical pain and emotional distress. This is harder to quantify than medical bills or lost wages, but factors such as the severity of injuries, length of recovery, and long-term effects play a role.

  • Insurance Policy Limits

The at-fault driver’s insurance coverage impacts how much compensation is available. If policy limits are low, the amount an insurer pays may be capped. In cases where damages exceed policy limits, pursuing additional compensation through other avenues, such as underinsured motorist coverage, may be necessary. By discussing your case with our attorney, you can understand the best steps to take to pursue compensation.

  • Strength of Evidence

Stronger evidence leads to a stronger case. Police reports, medical records, witness statements, photos, and expert opinions help establish liability and damages. Insurance companies may be more willing to settle for a fair amount when there is clear and compelling evidence.

  • Legal Representation

Having a legal team handle a claim often leads to better settlement offers. Insurance companies may attempt to undervalue claims or delay payments, but experienced attorneys push for fair compensation. Our team advocates for our clients and handles negotiations to help them focus on recovery.

Contact Our Raleigh Car Accident Lawyer Today

If you were injured in a car accident, understanding the factors that affect a settlement can help you make informed decisions. Our team is here to help. If you need a car accident lawyer, contact the Burton Law Firm today for a free consultation.

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