Car Accident Lawyer Daytona Beach
Being involved in a car accident can be extremely upsetting and very disruptive to your life whether or not you are injured in the crash, but if you are injured in a car crash then the repercussions can be widespread. In order to make sure that you are financially protected from any long-term strains as a result of your treatment and recovery needs, it is important that you ensure that you get a fair payment from the insurance company. In some cases, this may be taken care of as an out-of-court settlement, but in other instances, you may need to pursue your case through civil court in the form of a personal injury lawsuit.
Regardless of how we will need to pursue your compensation, the team at Abercrombie, P.A. is ready to take your case today. We offer a free initial consultation where we will be able to discuss your accident, your injuries, the impact to your life, the costs and losses that you have already incurred, and the steps that you have already taken. In addition, we will be able to speak about how we can help you get the money that you are rightfully owed, and give examples of how we have helped people in the past who were in similar situations as you are in now.
Recovery can be severely impacted by stress, and when you are working with a trusted car accident attorney in Daytona Beach, you can be confident that your best interests are being covered while you focus on getting your life back on track. Read more below about how to move forward after a car accident, and how we can help you get the money you deserve. Contact us now for your free initial consultation.
How Are Damages Calculated After a Car Accident in Daytona Beach?
Calculating damages can be complicated and involved, especially when the victim has suffered emotionally as well as financially. Each client that we work with requires a special approach to determine the total amount of money that we believe they deserve, but below are some of the general guidelines that we use to reach our decision.
Economic damages are the easiest damages to calculate in a personal injury case, simply because they come with measurable indicators such as receipts, income statements, invoices, and expense reports. They include things like hospital stay costs, charges for ambulances, surgical costs, and other medical-related expenses. In addition to the medical costs, they include post-treatment costs like physical therapy, as well as assistive devices like crutches and wheelchairs, prescriptions, and more.
Your income also plays a central role in the amount of economic damages that we will seek for your accident. If your injuries caused you to miss two days of work, then we will seek compensation for these two days, as well as any PTO (paid time off) or vacation time that you had to use in order to cover these missed days. If your injuries have kept you from returning to work, have cost you your job, or they have reduced your earning capacity, we will work to quantify these losses as well. A long-term disability from an accident that someone else caused should not be your financial burden to bear.
Non-economic damages can often be more complicated to calculate than economic damages, and are met with more resistance from insurance companies during negotiation proceedings. This does not mean that they are any less important than economic damages, and it is very important to us that our clients are compensated for their non-economic suffering. They include things like the actual pain that a victim must endure from an injury, the emotional anguish that comes with serious injuries, and the possible depression and sadness that come with the reduced ability to pursue hobbies and enjoy themselves.
Since these are fairly abstract concepts with no set, measurable dollar value appended to them, it is common to use a “multiplier” in order to reach an actual value to these issues. The multiplier is used to indicate the degree of these damages on a scale, at which point the multiplier is applied to the economic damages. For instance, if our client has accrued $100,000 of economic damages, and we determine their non-economic damages to have a 3x multiplier, then we will seek $300,000 in non-economic damages.
Working With Insurance Companies After an Accident in Florida
You will need to report your accident to your insurance company as soon as possible, and will then begin to work with the other driver’s insurance company to recover your damages. The insurance adjuster assigned to your case will go through all of the relevant details in order to gather all necessary information about your accident, your injuries, and the cost of this situation before making you a settlement offer. It is important that you consider ALL of your options before accepting this offer, and it is highly recommended that you work with an attorney through this process.
An insurance company is not in the business of paying people what they are actually owed; in fact, their primary goal is to limit the amount of money that they pay out for any given accident. Your situation will be no different. In exchange for your one-time settlement from the insurance company, you will be required to waive any future ability to seek legal action against the insurance company or their client for any impacts of this accident, meaning that if you realize that your settlement does not cover your actual expenses and losses, there is nothing that you can do.
Instead, we will step in and manage a series of negotiations that will fight for the money that we believe you are actually owed. If we are able to reach an agreement during these negotiations, then we will accept the out-of-court settlement and you will be able to move on with your life with the financial support you require. If we are unable to reach an agreement during negotiations, we will then take the case to court in order to have a judge hear our argument for the full amount.