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
Common Dog Bite Injuries Dog bites can result in a variety of injuries, ranging from minor to severe. Some of...
What Is the Workers' Compensation Act in Illinois? The Workers’ Compensation Act in Illinois offers benefits to injured workers or...
What Is Third-Party Liability for Workplace Injuries? Third-party liability for workplace injuries refers to situations where someone other than your...