When you suffer a serious injury in a Texas motor vehicle crash, your first question may be, “How much is my case worth?” You may wonder if all of your medical bills, lost wages and other costs will be covered by the settlement, or you may feel unsure if it’s worth it to hire a lawyer and pursue the at-fault party. Moving forward after an accident, it’s important to understand how your case might be valued.
Car, Truck, and Motorcycle Crashes Are Very Different
Each accident is unique with its own special circumstances, and each type of crash can result in very different outcomes. Depending on the type of vehicle involved in the accident, here are some things that might factor into how your claim is valued:
- Trucks. When you are injured in a commercial truck crash, there may be multiple liable parties, including the driver, trucking company and truck manufacturer. If you suffer catastrophic injuries, this could significantly increase your damages.
- Motorcycles. Injuries suffered in a motorcycle crash are often catastrophic, sometimes resulting in permanent disability and long-term care and treatment needs. These can increase the value of your claim.
- Cars. Car accident settlements are based heavily on the extent of injuries suffered and the amount of insurance the liable party has.
No matter what kind of crash you were involved in, an experienced accident attorney can often negotiate for a larger settlement than you would be able to get on your own. And if the liable party is uncooperative in negotiations, an attorney can sue for damages on your behalf.
What Kind of Damages Are Available?
In Texas, car accident victims may be awarded economic, non-economic and punitive damages. Damages that have a clear monetary value are considered to be economic damages and may include the following:
- Medical expenses
- Lost wages
- Rehabilitation costs
- Long-term homecare expenses
- Other out-of-pocket expenses
When injuries are significant, it is important to wait until the extent of treatment and long-term prognosis are known before settling on economic damages.
Damages that don’t come with an invoice are known as non-economic damages. These may include the following:
- Pain and suffering
- Mental anguish
- Emotional distress
- Loss of companionship
These damages are difficult to quantify, and you will need an experienced Texas accident attorney to negotiate for the highest possible damage award.
In cases where the at-fault party acted intentionally or with malice to cause harm, such as by driving drunk, the judge may award punitive damages. These damages are meant to punish the at-fault party and are often significant. An attorney can argue on your behalf for punitive damages if the at-fault driver’s actions were egregious.
Insurance Plays an Important Part in the Process
Compensation for accidents most often comes from insurance. In the case of a negligent driver in a car or motorcycle accident, his liability insurance policy will be used to cover the costs. However if he is only carrying the Texas minimum of $30,000—or if he has no insurance at all—your losses may not be covered. In this case, you may have to look to your own auto insurance or health insurance to pay your medical expenses. Our attorneys are skilled at negotiating with not only your insurer, but with your medical care providers to reduce your costs.
In the case of a commercial truck crash, the trucking company may carry up to $1 million in liability insurance. Likewise if a manufacturing defect played a part in the crash, the manufacturer’s liability policy may be used.
Our Legal Team Will Work Hard to Maximize Your Recovery
When you work with Parker Law Firm from the beginning, you can be sure that all avenues of compensation will be pursued, and we will fight to get you the maximum possible recovery. Reach out to us today to schedule your free initial consultation. We will review your case and let you know if we can help. If we take your case, your fee will never exceed your recovery.