How is a Personal Injury Settlement Divided for Car Accidents?
Personal injury settlements are often a source of confusion for people who have been involved in an accident. The settlement amount is generally determined by the severity and extent of injuries, but some things can affect it as well. For example, if you were at-fault for the accident, or if your car insurance company was not cooperative with your lawyer in negotiating a settlement offer, then this could result in a lower personal injury settlement amount than what would be awarded to someone else injured in similar circumstances. One thing that many people don’t realize about personal injury settlements is how they’re divided among those who’ve been injured. In this blog post we’ll go over how a personal injury settlement is divided for car accidents!
How The Settlement Amount is Determined
When you get into an accident, the settlement amount is determined by your injury severity and extent. These factors can affect how much of a personal injury settlement you receive if they are different than someone else who was injured in similar circumstances. For example, if you were at fault for the car accident or if your insurance company didn’t cooperate with the lawyers or the other insurance company, you could have to share your settlement with someone else who was injured.
In some states, the only way a personal injury settlement can be divided is if it’s determined that one person deserves more money for being at fault in an accident. Your lawyer can explain the law in your state to you if this is the case.
How is a personal injury settlement divided for car accidents? The settlement amount is determined by your injury severity and extent. These factors can affect how much of a personal injury settlement you receive if they are different than someone else who was injured in similar circumstances. For example, if you received a settlement for a car accident and you lost an arm, the settlement amount would be much more than if someone in similar circumstances had only broken their leg.
What Happens If The Other Person is Responsible For The Accident?
If your lawyer determines someone else is responsible for your accident, they can file a lawsuit to recover damages. You will need to present evidence of the other party’s fault in order for them to be found liable and receive a settlement amount. The way personal injury settlements are divided is determined by state law so it would depend on where you live and the severity of your injuries as well as if someone else was at fault.
In any event, because there’s no federal law on personal injury settlements it really depends on your individual circumstance and state law to determine how the settlement is divided. Having a lawyer will ensure you’re protected. It is important to have a personal injury lawyer on your side because they will know how the settlement is distributed and can help you receive fair compensation.
