How Much Is My Texas Car Wreck Claim Worth?

 Posted on September 19, 2024 in Car Accidents

If you are injured in a car accident, some of the first things you wonder are if you can get compensation and how much it might be. While we would love to tell you what an average settlement amount is, we cannot because there is no one-size-fits-all answer. However, you need to know the value of your case; if you do not, how will you know if the insurance company is trying to take advantage of you?

How can you find out how much your case is worth? What damages are you eligible to receive? When you call Cal Mundell Law Firm, PLLC for your free consultation, our experienced lawyer can answer those questions and explain how our firm can help you obtain the highest amount possible.

What Are Damages?

In personal injury cases, "damages" is used in different ways. Your accident likely caused different kinds of losses, sometimes called damages. For example, economic damages are financial losses resulting from your crash, and non-economic damages reflect the intangible effects your collision has on your life. Damages also refers to the money you might receive to compensate or reimburse you for those losses.

To calculate your damages, your attorney from Cal Mundell Law Firm, PLLC will review your accident-related losses. Financial losses after a car collision typically include:

• Property damage

• Lost wages

• Medical expenses

• Ongoing care

If your injuries left you disabled and needing home renovations to make your living space accessible, that expense may also qualify. After medical treatment, your injuries may heal; some victims need lifelong medical care. After you reach the point of maximum medical improvement, which is the point where no further treatment is likely to improve your condition, your legal team can assess the anticipated costs of future medical care. Liable insurers usually do not include future damages in settlement offers, but you deserve them.

While economic damages are tied to actual expenses, non-economic damages are not. As a general rule, the more severely your accident and injuries impact your quality of life, the higher your damages may be. This category of damages frequently includes compensation for pain and suffering, damage to personal relationships, PTSD, losing the ability to enjoy life, inconvenience, and other similar losses.

In rare cases, you may be awarded punitive damages. This category does not focus on your losses; instead, it serves as a further punishment for the defendant. Ask Cal Mundell Law Firm, PLLC if this applies to your case.

When you choose Cal Mundell Law Firm, PLLC, we will add your economic damages and calculate your non-economic damages to arrive at a settlement amount that covers all your losses. Victims who have competent legal representation typically receive substantially higher settlements. That is because we know how to evaluate your case’s value accurately and will fight to protect your best interests.

What If I Was Partly Responsible for My Car Crash?

In Texas, the laws permit you to obtain compensation from other at-fault parties if your degree of fault is less than 50 percent. However, your settlement amount is reduced accordingly. For instance, if you are 25 percent at fault for your accident, the most you might receive is 75 percent of your total damages. Insurance companies often attempt to manipulate your assigned fault to avoid paying you. Your lawyer from Cal Mundell Law Firm, PLLC will not let them get away with it.

Schedule Your Free Consultation Today With Our Dedicated El Paso, TX Car Accident Lawyer

Getting as much compensation as you deserve after a car wreck is not easy unless you have a determined lawyer by your side, advocating for your rights and best interests. Call Cal Mundell Law Firm, PLLC at 915-250-0700 now to discuss your case with our highly effective El Paso, TX personal injury attorney.