Some of the most common questions our Las Vegas car accident attorneys
hear from injured victims and families looking to file personal injury
claims after an auto accident involve the value of their claims. How much
is my case worth? What compensation will I be able to recover? The answer,
unfortunately, is not always easy to provide. This is because each case
and client is unique, and because the trajectory of a case may also affect
its value. It is near impossible to determine the total value of a claim
upon first look and without extensive review from insurance adjusters.
Even insurance adjusters can get it wrong!
At Shook & Stone, our legal team strives to recover maximum compensation
for our clients. We also do our best to help them understand their rights
and what damages they may be eligible to recover. While we may not be
able to give an exact dollar amount for the value of a car accident claim,
we can work with clients to help them understand what type of damages
they may be eligible to receive.
car accident case will vary, injured victims may be able to recover financial compensation
for the following:
Economic Damages – Economic damages are any type of financial losses victims and families
suffer as the result of their car accident. This can include the cost
of medical treatment, projected future medical care, lost work wages and
future earnings, funeral expenses, and others.
Non-Economic Damages – Non-economic damages are a little more difficult to estimate or
equate into dollars. These damages refer to the emotional injuries victims
and families can experience after an accident, such as their loss in quality
or enjoyment of life, loss of emotional support, pain and suffering, and
mental anguish, among others.
Punitive Damages – Punitive damages are awarded in certain cases where victims are
injured by wrongdoers who commit acts of oppression, fraud, or malice.
Generally, this means egregious or intentional misconduct. For example,
punitive damages may be awarded to victims injured in drunk driving accidents,
as driving under the influence is clearly a negligent, illegal, and dangerous
act. Punitive damages are not awarded in every case.
How is Compensation Determined?
Because insurance companies operate like most businesses, they want to
lose as little money as possible. This can result in a much lower settlement
amount than you deserve. This is where having a car accident lawyer is
helpful. Having an outside professional who is on your side can result
in additional areas of compensation which you were not being offered previously.
The Las Vegas car accident attorneys at Shook & Stone determine compensation
on the following major factors:
Vehicle Estimate: The value of your vehicle pre-accident should be taken into account in
addition to the total cost of repairs.
Split or Shared Liability: Percentage of liability plays a large factor when calculating the total
cost of damages. For example, if you were partially at-fault, this could
reduce your recovery.
Bodily Injuries: Any injuries that you or your passengers sustained in the accident should
be accounted for. We can conduct a review of medical records to calculate
the total cost of medical expenses.
Noneconomic Damages: Many car accident victims are also entitled to noneconomic damages such
as emotional injuries or pain and suffering.
There may also be additional factors that contributed to your car accident
that went unnoticed before, such as road defects and vehicle defects.
Our law firm can investigate every detail that could possibly have led
to your accident. We will pursue maximum financial compensation on your behalf.
Seeking Representation in Las Vegas? Call Shook & Stone Today.
If you have questions about the potential value of your car accident claim,
our personal injury lawyers can review your case and explain the compensation
you may be entitled to recover. Should you choose to work with our experienced
legal team, you can be confident that you will have proven advocates on
your side fighting for the full compensation you deserve.
For more information about your rights after a Las Vegas auto accident,
call 702-996-6066 for a FREE consultation.