What’s Included in a Car Accident Settlement?

When you’re in a car accident, you’re likely to suffer both physical and emotional injuries. For example, severe physical disability could result, leaving you without the possibility of going to work or spending time on the things you enjoy.

If you’re wondering what’s included in a possible car accident settlement, read on to discover how financial compensation can help you get your life back after a car accident you didn’t cause. 

How a Car Accident Settlement Works 

A car accident can change your life overnight. Suddenly, you might be struggling to stay afloat financially while dealing with an inability to do the things you once enjoyed. To make matters worse, knowing that your accident was caused by the carelessness of someone else can leave you feeling powerless. 

Fortunately, a car accident settlement can help you take back control. For insurance purposes, Nebraska is a fault state, meaning that accident victims can directly sue the at-fault party and their insurance company for damages related to their injuries. 

Car accident settlements are often negotiated directly with the insurance provider outside of court. They are awarded on the basis of negligence from the at-fault party and your resulting injuries. Injuries can be both tangible and intangible in nature. Some examples could include: 

• All medical bills related to the accident, including physical therapy or counseling 
• Property damages (like car repair)
• Lost wages
• Loss of companionship or occupation
• Pain and suffering

Considerations for Filing a Car Accident Claim

The main factor your success hinges on is the ability to prove the at-fault party’s negligence caused your injuries. However, there are other considerations that can impact your ability to win a car accident settlement. 

In Nebraska, the statute of limitations on car accident claims is generally four years from the date of the accident. Although it’s true that Nebraska’s deadline is more lenient than many other state’s, a car accident claim can take months to investigate. 

You or a car accident lawyer will have to gather the relevant documents, interview witnesses or experts, and use available information to assess the value of your claim—all of which can take significant time to complete. If you’re worried about the impact of the statute of limitations on your claim, getting started as soon as possible is recommended. 

Finally, negotiating for a car accident settlement can be complicated. An insurance company tends to look to protect its bottom line by offering the lowest settlement amount possible. Working with an experienced car accident lawyer and your doctor can help you get a sense of the real value of your claim. 

Speak to a Car Accident Lawyer in Hastings

Going through an accident caused by another’s carelessness can leave you with a biting sense of injustice, a feeling that can be worsened when dealing with a low-balling insurance company. Conway, Pauley & Johnson P.C. know how to take on insurance companies for car accident victims in Hastings and could help you win a maximum settlement. 

Why not consult a Hastings car accident lawyer from Conway, Pauley & Johnson P.C. now? Call 402-462-5187 or submit the following contact form to get started with a free consultation.