Terre Haute Car Accident Settlements

The cost of treating injuries after a car accident can financially overwhelm even the most financially secure family. In a matter of seconds, you or a loved one can sustain catastrophic injuries that require long-term medical care and cause you to incur other damages. Fortunately, motorists in Indiana are required to carry insurance to cover these costs. Filing an insurance claim after a car accident can be daunting, but an experienced car accident attorney can help streamline the process and obtain a favorable settlement on your behalf.

If you are considering a Terre Haute car accident settlement, be sure to consult our seasoned attorneys. Our dedicated legal professionals can review your case to estimate your losses related to the crash and negotiate a settlement that compensates you fully for your injuries and other harm related to the collision.

Types of Compensation in a Car Accident Settlement

Those injured in a car accident can sustain various financial losses due to injuries and other damages. A Terre Haute settlement should compensate the injured person for all damages related to the car crash. Knowing what types of compensation are potentially available in a case is helpful with insurance negotiations. Compensation in a car accident case might include:

Medical Expenses

Injuries from a severe car accident can cause the person with injuries to incur significant medical expenses, including emergency care, medication, surgery, rehab, physical therapy, and ongoing healthcare needs. A settlement should reflect the person’s past and future medical needs.

Lost Wages

For those who are unable to work for an extended period after an accident, a settlement based on unexpected changes in income can compensate for lost wages.

Pain and Suffering

When a person is injured in an accident, they can sustain painful injuries, including broken bones, head injuries, neck or back injuries, and spinal cord trauma. An offer for a car accident settlement should consider the unique factors of the person’s injury. For example, those who sustain paralysis after a car accident often need around-the-clock care.

Property Damage

Car accidents often result in significant vehicle damage and property loss.

Wrongful Death Damages

Those who tragically lost a loved one in a car accident can receive compensation for their funeral, burial arrangements, and medical expenses.

A well-practiced attorney can review settlement offers and negotiate on behalf of an injured motorist during this process.

Relevant Factors in Car Accident Settlement Negotiations

When negotiating a car accident settlement, there are various factors to consider. These include the severity of the person’s injury, the cost of medical treatment, lost income, and insurance policy limitations. Vehicle damage is also compensable. Likewise, a settlement should consider the person’s pain, suffering, and emotional distress. Retaining a Terre Haute lawyer to handle negotiations for a car accident settlement is helpful as they have the knowledge and experience to fight for fair compensation based on a claim’s unique factors.

While settling with the at-fault driver’s insurance has advantages, insurance adjusters are notorious for offering injured people less than they deserve. Remember, insurance companies are for-profit entities that maximize their profits by reducing payouts. An adequate auto accident settlement will consider all relevant factors to ensure the injured person is fully compensated for their losses related to the crash. The settlement process saves people time and money and reduces the stress of formal litigation.

Retain a Terre Haute Attorney About Your Car Accident Settlement Today

If you or a family member sustained injuries in a car accident, a Terre Haute car accident settlement can be a great way to obtain the compensation you need while avoiding the stress of litigation. There are significant advantages in settling with the at-fault driver’s insurance instead of taking the case to court. However, the main advantage is that the settlement process resolves your claim much quicker than a lawsuit.

Our skilled lawyers can negotiate on your behalf with insurance companies and ensure the settlement compensates you for the full extent of your injuries and related losses. Contact the legal team at Fleschner, Stark, Tanoos & Newlin to schedule an initial consultation.


    Reach out to a Terre Haute Personal Injury Attorney Today

    The financial burden that often comes with a serious injury can be too much for many people to bear. Unexpected medical debt, damaged personal property, and the sudden loss of income can impact the budgets of most families. The good news is that a successful injury claim could help reduce that financial strain after a serious accident. Get in touch with a Terre Haute personal injury lawyer with Fleschner, Stark, Tanoos & Newlin to learn more.

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