Car accidents can be minor inconveniences, devastating disasters, or something in between. Regardless of the outcome, they can cause serious financial, emotional, and physical damages. If you believe your car accident was caused by the negligent behavior of someone else, you could seek compensatory damages. However, you may want to speak to a car accident lawyer, as well as know the average car accident settlement in Las Vegas, NV.
What Is the Average Car Accident Settlement in Las Vegas, NV?
There is no official average for a car accident settlement in Las Vegas, though the number has the potential to be high. It all depends on the specific details of your case. Every car accident case is different and involves unique factors that could impact the settlement amount.
What might be a high settlement for one party may not be considered acceptable by another. In addition, if one plaintiff receives a large amount, this does not guarantee that another party with a similar case will receive a similar settlement.
Factors That May Impact the Size of Your Settlement
Many factors need to be considered when negotiating a settlement, and an important one is the negotiating skills of the lawyer you have hired. When deciding on a car accident lawyer, you will want someone who is a strong negotiator and who is not afraid to stand up to disrespect. Experienced attorneys are more likely to be effective negotiators.
Some of the other significant factors that may be considered during settlement negotiations are:
- Severity of Your Injuries: One factor that will likely be considered is the severity of your injuries. If you have more minor injuries, you can still pursue legal action, but your injuries may not be taken as seriously as someone who suffered spinal cord injuries, a concussion, or broken bones. The more severe your injuries are, the more likely you may be to receive a higher settlement.
- Medical Bills: The amount that you have had to pay in medical expenses since the accident may be taken into consideration. You can sue to recover medical expenses as part of your overall compensation package.Depending on your injuries, you could be looking at lifelong medical care. When deciding on a settlement amount, medical expenses like surgery costs, hospital stays, medication costs, physical therapy costs, and rehabilitative center costs can be considered. Catastrophic injuries should result in much larger settlements.
- Lost Wages: If you were involved in a bad car accident and had to miss an extensive amount of work as a result, you can pursue legal action to recover any lost wages you did not receive. You may not be able to work because of a physical injury you sustained from the accident or because of the psychological effect it has had on your mental health. Regardless, you can seek compensation for any injury that impedes your job duties.
- Insurance Coverage: Another factor that can be considered in your settlement negotiations is what kind of insurance each party possesses. Insurance companies often seek to pay out as little as possible in the event of a car accident, so your lawyer will need to have strong negotiating skills in order to deal with them during settlement talks.
FAQs
Q: How Much Are Most Car Accident Settlements?
A: There is really no reliable way to determine what most car accident settlements will be. Every car accident case is different, with different factors that need to be taken into consideration when negotiating a settlement. Some of the significant factors that might be considered are the seriousness of your injuries, the strength of the insurance coverage, the amount of medical bills you have paid, and whether or not you are partially at fault for the accident.
Q: How Much Injury Compensation Will I Get?
A: There is no surefire way to determine exactly how much injury compensation you will get in the event of a car accident claim. However, the more your injuries have impacted your overall quality of life, the more you could be entitled to economic and non-economic compensatory damages.
You can seek damages for property damage, physical injuries, emotional distress, pain and suffering, lost wages, loss of future earnings, and more. Your settlement amount will be largely dependent on the other party’s willingness to compromise.
Q: How Long Does It Take to Reach a Settlement?
A: There is no telling exactly how long it will take to reach a settlement in a car accident case in Las Vegas, Nevada. Depending on the severity of the case and the individual circumstances surrounding it, the timeline could vary. It depends entirely on both parties’ willingness to settle and whether or not the case makes it to trial. Your lawyer will attempt to negotiate a settlement amount, but if the other party is not willing to settle, it could take much longer.
Q: Why Is My Settlement Check Taking So Long?
A: Your settlement check should not be taking a significantly long time. Once your case has been settled, it should only take a short time for the settlement check to be sent to you. Your lawyer can help you speed the process up by helping you draft a letter demanding the check be sent promptly. If your check has not arrived after several weeks, reach out to your lawyer so they can contact the insurance company and discover what is taking so long.
Consult With an Experienced Car Accident Lawyer Today
Being involved in a car accident can be a terrifying experience, especially if the accident results in physical injury or psychological trauma. If you have been involved in a serious car accident, it is important that you take the proper steps to protect yourself by reaching out to an experienced car accident lawyer and starting the process of filing a claim.
The legal team at Easton & Easton is prepared to help you seek compensatory damages from any negligent parties. We can help you file your claim, collect the evidence needed, and negotiate with the insurance companies. Contact us to schedule a consultation whenever you can.
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