When a person is in an accident, they will experience injuries, pain, multiple doctor's appointments, and time away from work. They will also have plenty of bills to pay. Damages from traffic accidents in the state of Illinois cost a total of $1.70 billion in 2018. Most of those bills were paid for with money from insurance claims.
The average amount for a personal injury settlement is $19,000. However, every case is different and without knowing specific details, it can be hard to determine an exact amount. There are a few simple facts that can help you determine approximately how much money you should receive.
When a car is damaged in an accident, the person who is more than 50% responsible for the crash is considered liable for paying all of its bills. Hence, if a driver smashes up another person's car in an accident, they will have to pay for the repairs. If a car would cost more to repair than it is worth, the car is considered totaled, and the insurance company will have to pay for the value of the vehicle.
The state of Illinois requires a driver to carry $20,000 for damage to another person's property. If the cost of damages to the car exceeds the amount for which the negligent driver is covered, you may want to ask your attorney about the viability of a lawsuit.
The Land of Lincoln requires that a driver carry $25,000 for injury or death of a person per crash and $50,000 for death or injury to more than one person. When a person is injured in an accident, the at-fault driver's insurance company should pay for all of their injury expenses up to the amount of money for which they are covered.
It is very important to find a personal injury attorney if you are injured because the at-fault driver's insurance company will often try to avoid paying medical bills. They may try to claim that the accident was your fault or that you are lying about the extent of your injuries.
In addition to hiring legal representation, an injured person should save every one of their medical bills. They should also save receipts from medications and bring proof of lost wages.
Compensation for pain and suffering is not awarded in every accident. People who have been permanently injured or disfigured may sue for pain and suffering. People who suffer from PTSD might also be able to make a pain and suffering claim.
There is no standardized way to determine a pain and suffering amount. However, some insurance companies will use a per diem method. The insurance adjuster will determine how much money a person's time is worth per day and multiply it by the number of days they suffered because of an accident. If someone's time is determined to be $100 a day and it took ten days for them to recover, they would get $1,000. Other insurance companies will try to determine a person's level of suffering on a scale of 1 to 5. They will then multiply that number by the total amount of the medical bills. This is called the multiplier method.
Getting injured in an accident is one of life's hardest experiences. Collecting evidence and hiring a good attorney will help you get the money you need, for more click here.