For decades, Raleigh car accident lawyer Carl Nagle has worked only for victims of motor vehicle collisions. We have seven offices across the state and we can even meet with you at your home if this helps to get your case moving forward. Further, there are no legal fees paid for our assistance unless and until we win your case and collect money for your benefit. Since Mr. Nagle formerly worked as an insurance defense attorney and an insurance claims adjuster, he understands the calculations and methodology employed by insurers as they determine the value of a claim. We can explain to you what your car accident case may be worth. Our firm only handles North Carolina motor vehicle collision cases, and we are proud to help people throughout the state, including victims in Wilmington, Winston-Salem, and Asheville.
The value of a legal claim following a motor vehicle collision depends on a variety of factors. A diligent attorney will have significant experience monitoring trial verdicts throughout the state, and this is really the only way to predict the likely value of any victim’s claims. Factors to be considered when comparing verdicts and looking at a particular case include the force of the impact, extent of driver errors (i.e. simple mistake vs. drunk driving), victim’s prior health picture, nature and extent of collision-related injuries, cost of medical care, extent of injury permanency, strength of medical opinion evidence, extent of scarring or medically established loss of physical function, extent of lost earnings and financial hardship, and proven future medical needs/costs and future lost earning capacity.
Insurance companies take a different approach to placing a value on a personal injury case. The claims adjuster is a cost control expert, and the work solely to minimize the victim’s settlement. Further, they will not help you build your case or find reasons to pay more money. In cases where there is no attorney, the insurance adjuster knows that the victim intends to settle and that the victim does not have counsel to pursue litigation or to advise on the likely verdict range following a trial. Thus, they seek to take advantage of the unrepresented claimant and seek to settle the injury case for a fraction of the true value.
Assessing the Value of Your Car Accident Case
Victims who have filed a personal injury claim may wonder what their car accident case is worth. Since each case presents a different set of facts, it is not possible to project a specific monetary figure with certainty in advance. The factors that influence the amount of damages awarded center on the type of harm caused by the accident and whether the victim contributed to their own injuries. By preparing medical evidence and proving the full impact of the injuries on the accident victim’s health and quality of life, the likelihood of a larger damages award increases.
Claims for property damage are generally paid by insurance adjusters promptly and may be resolved soon after an accident. If you were at fault for a crash, your own insurance company pays a claim, while the other driver’s insurer will pay if they were deemed at fault. It is important to ensure that the dollar amount in a settlement covers the full cost of replacement or repair.
Insurance companies rely on various formulas to assess the value of a personal injury claim for damages. Insurers may first assess the victim’s potential liability. Insurance adjusters assigned to a case will determine fault. For all personal injury claims in North Carolina, the plaintiff’s actions may affect what their car accident case is worth. Under North Carolina’s strict contributory negligence rule, a plaintiff may not recover any damages if they are found to be even 1% at fault. When the evidence demonstrates that the victim’s conduct contributed to their injuries, they will be unable to win an award in a lawsuit, so the value of their claim may be estimated to be zero.
The damages paid by an insurer are intended as compensation for accident-related harm. In other words, the purpose of a compensatory damages award is to render an injured individual “whole” again from a monetary point of view. This requires placing a dollar figure on all of the harm caused by an accident. While it may be easy to quantify reimbursement for property damage and medical bills, it may be challenging to quantify emotional trauma or an inability to enjoy hobbies due to physical limitations caused by the injuries.
Reimbursement for medical treatment received and compensation for estimated future care is generally included in a damages award. Surgery costs, medication, and other accident-related medical expenses are covered by an insurance claim. For this reason, it is crucial to collect medical documentation that demonstrates past costs as well as expected future expenses. Additionally, a long-term disability and permanent injuries may significantly affect the value of a pain and suffering award.
The impact of an accident on a victim’s salary and wages is taken into account when an insurance company determines the value of a claim. Damages for lost income include not only costs already incurred but also the money that a victim would have been able to earn in the future, had the accident not occurred. Damages based on future income are deemed a loss of earning capacity.
A legal claim may result in punitive damages, in addition to compensatory damages, if the defendant acted in a particularly egregious or outrageous manner. Punitive damages may be appropriate to serve as a deterrent to harmful conduct. An award for punitive damages may be large, although it is uncommon.
Rely on an Experienced Raleigh Attorney Following a Car Accident
At Nagle & Associates, personal injury lawyer Carl Nagle stands ready to help you prove all damages and to secure, through a private out-of-court settlement, the highest possible payment for past and future medical needs, for all past and future lost earnings, and for physical pain and emotional suffering arising from your injuries. Mr. Nagle appreciates the importance of carefully developing medical evidence and of retaining medical and vocational experts to provide helpful testimony when pursuing compensation. Through negotiation and litigation, we motivate insurance companies and liable parties to pay more after an accident, leaving our clients financially secure. We charge a reduced legal fee of 25% (most firms charge 1/3), and you pay nothing up front. We begin work on your claim immediately, receiving fees only if and when we secure money on your behalf. Motor vehicle collision lawyer Carl Nagle has helped people throughout North Carolina secure fair compensation through settlements and trial verdicts, including in Raleigh, Wilmington, Winston-Salem, Asheville, Hickory, Greensboro, Charlotte, and other cities throughout Wake, Mecklenburg, Forsyth, Guilford, Durham, New Hanover, Cumberland, and Catawba Counties. Call us at (800) 411-1583 or complete our online form for a free consultation.