After an accident, the insurance company often tries to negotiate a settlement with you. After being injured in an accident, you must think of the money you are owed. If you do not have any insurance and your matter is not settled out of court, in that case, you have to file a lawsuit. In general, the person responsible for the injury has to reimburse all the claims made by the victim. The expense list can sum up to a large amount; they not only have to pay the party for the monetary damages but provide compensation for any pain, emotional damage, or suffering they have gone through. You should contact car accident lawyers, and they will help you out with the matter. 

Unfortunately, there is no written law or rule that will help you figure out the amount you will receive as compensation. Instead, car accident injuries are based on the compensation for pain and suffering and the actual expenses. Numerous factors determine the amount you will be getting. The insurer and lawyers use specific mathematical formulas to estimate the injury’s value and lead the case to a negotiation point. General damages, medical damages, and special damages are three factors that determine the calculations. 

Special damages

These are easy to calculate as they include the charges like lost wages, damage to the car, the job you’ve lost, and the pay slips you have lost during your recovery, along with any pocket money you have spent on the injury. You may also receive claims for lost future lost earnings if you lose the chance of getting promoted to better job options due to the injury. You will receive all the expenses but be sure to keep count of your expenditure.

Medical damages

You will get full reimbursement of the medical expenses. The medical costs include ambulance charges, medications, doctor’s visits, and any diagnostic tests that the doctor advised. You will likely receive a reduced amount from the actual amount of what you paid. 

General damages

Once your medical and special damages are covered, you will receive compensation for general damages. It is also called “pain and suffering” damage. No one can determine the amount to be paid for general damages. The amount depends on various factors, including the seriousness of the accident.