Car accident victims often wonder how much they can expect to collect when rear-ended. While your maximum compensation may differ from those in other accidents, you can usually expect to collect economic and non-economic damages following your auto accident. This means that your expenses should be covered, and you should be compensated for items that are more difficult to document, such as pain and suffering.
Morris Injury Law has obtained settlements for our clients for anywhere from $25,000 (when insurance claimed there was not even coverage for the loss) to over $1,000,000. Your compensation will depend on a variety of factors.
Economic damages are tangible losses. The value of these types are easy to calculate using bills and receipts, which is why it is important to keep track of these documents. The following are some economic damages that your car accident claim should cover:
- Medical expenses
- Lost income
- Reduced income-earning ability
- Physical therapy
- Bills for property damage