Factors That Can Affect An Auto Accident Settlement

Factors That Can Affect An Auto Accident Settlement

If you have recently been involved in a car accident, you may be confused, frustrated, and unsure of what to do next. Getting in an accident is never pleasant, and it can be difficult to obtain a fair settlement. No two car accidents are exactly the same, therefore estimating an exact settlement is not always easy. There are a few factors that might impact how much compensation you may be eligible to receive in an auto accident settlement.

Consistency in Your Statement

It is important that you provide a settlement that is consistent throughout. You will have to make statements regarding your accident multiple times throughout the settlement process, and consistent statements will give you more credibility than one where the details are frequently changed.

Magnitude of Injuries

Having an established medical record is a valuable tool for establishing a favorable settlement. Having a strong trail of medical records will not only provide credibility, but it will also provide a record of costs and expenses incurred. More serious injuries will be more likely to receive larger settlements than less serious injuries.

Evidence of Negligence

If the accident that you were involved in has little dispute as to who is at fault, you are more likely to have a more favorable settlement. For example, if the other driver is found to have been driving while intoxicated, texting, or not paying attention, you may be eligible to recover compensation. In instances similar to these, there will be less for the opposing party to dispute when negotiating a settlement. Alternatively, in situations where you were exhibiting negligent behavior, your settlement amount will likely be lower.

Your Post-Accident Actions

The actions that an individual take after being involved in an auto accident are vital when it comes to receiving a proper settlement. Properly documenting and photographing the scene of an accident immediately following the incident are important first steps to take. If necessary, seeking medical care promptly after being involved in an accident is crucial, as it provides validity to your statement. Even if you are not certain that you are injured, it is better safe than sorry.

Additionally, failing to follow up with recommended treatments reflects poorly on your case and can result in a loss of credibility. Furthermore, refraining from activity that may cause insurance adjusters to doubt your injury should be avoided. This remains true on social media platforms, as insurance adjusters will likely be searching your social media for suspicious posts that decrease the credibility of your injury.

Seek Help from an Experienced Car Accident Attorney

The settlement process after an auto accident can be an extremely stressful and confusing time for all parties involved. It is important to retain the services of an experienced car accident attorney. At Lott Law, our attorneys are experienced in dealing with settlements and will do our best to help you receive the settlement that you deserve. Call today to learn more.