How do you determine a fair settlement offer for an accident?

Insurance Settlement Fair? Question Answered by a Morgantown Accident Lawyer

We are often asked if an offer for settlement is fair.  While there is no set-in-stone formula, there are important factors to consider when determining how much any giving car accident claim is worth. 

You should also know that you should not expect a "fair" accident settlement offer from an insurance company. Their job is to protect their company and increase profits by paying out as little money as possible for every car accident in West Virginia.


Factors in an Accident Settlement Offer


When determining a car accident settlement offer, the judge and car accident attorneys take into account factors such as: 

  • repair costs for your vehicle and other damaged property;
  • total amount of your medical bills;
  • how much time was needed for you to heal completely from your injuries;
  • your health care expenses in the past and future;
  • your pain and suffering in the past and future;
  • your mental anguish in the past and future; and
  • any long-term or permanent physical impairments you might have.

 

In addition, your attorney should consider how much money was awarded in accidents similar to yours. This process is especially relevant when considering monetary amounts for non-economic damages like pain and suffering.

Another factor which affects your car accident settlement offer is how skilled your attorney is in preparing your case, arguing its merits, and presenting your side of the story to a jury or mediator. So it is vital that you hire a qualified and experienced lawyer to represent you in your personal injury claim.

If you have been approached by an insurance adjustor, do not sign or agree to anything before you read our FREE report!  3 Traps Insurance Companies Set After an Accident.  

You can request it here.

 


Choosing a Clarksburg Car Accident Attorney


Unfortunately, car accidents are a regular occurrence on West Virginia roadways such as I-79, I-77, Route 50, Route 33, and I-68. In fact, our state averages more than 40,000 car crashes, more than 400 deaths, and more than 11,000 serious injuries each year. If you or a loved one has been seriously injured in a West Virginia car accident, order a FREE copy of our consumer guide, The 7 Biggest Mistakes that Can Wreck Your West Virginia Car Accident Claim then contact a Clarksburg personal injury lawyer at The Miley Legal Group for a FREE consultation - 304-326-1800

 

Tim Miley
Injury Lawyer, Author, & Owner of The Miley Legal Group