Workers' Comp Appeal Process The appeals process for workers' comp cases is complex, so it is important you work with...
19 Oct, 2021
What is a reasonable settlement for a car accident?
A reasonable settlement for a car accident can vary from State to State. In Illinois, there are several factors used to determine what is a reasonable settlement. These factors include, but are not limited to the following:
- Is liability of the at-fault party accepted or denied by the insurance company?
- What is the total amount of medical expenses incurred by the injured party?
- What are the lost wages or lost future earnings incurred?
- What is the nature and extent of the injuries involved?
- What are the future damages?
- What is the loss of a normal life?
There is no set mathematical formula for determining what is a reasonable settlement. Obtaining an attorney who is experienced in automobile accident settlements will generally obtain higher settlements than non-represented injured persons.
About The Author
Categories
About The Author
Related Posts
Key Takeaways A police finding that a driver was “not at fault” does not automatically prevent a pedestrian injury claim....
Key Takeaways A third-party insurance claim is filed against another person's insurance rather than your own. After a car accident,...
Key Takeaways Personal injury lawyers commonly charge a contingency fee rather than an hourly attorney fee. Injury lawyers usually take...