Determining the worth of your car accident case in Fort Lauderdale involves several key steps, including evaluating the specifics of the accident, your role in it, the injuries and damages sustained, and the extent of the other party’s fault. It’s important to note that Florida follows a comparative negligence rule, which means your compensation can be reduced by your percentage of fault in the accident.
Keep reading for more from our skilled Fort Lauderdale car accident lawyer, then call (561) 655-1990 or contact us online to schedule your free, no-obligation consultation.
How much is my accident case worth?
Several factors can influence the overall value of your case.
The severity and permanence of your injuries
In cases of severe injuries, future medical expenses can be a major component of a claim. Calculating these costs requires consideration of ongoing medical needs, potential complications, and inflation. Accurately estimating these costs often requires expert testimony from medical professionals and life care planners.
The clarity of fault or negligence by the other involved parties
In accidents involving multiple vehicles or parties, the distribution of liability can significantly affect the settlement amount. Florida’s comparative negligence rule may reduce a claimant’s compensation based on their percentage of fault. Additionally, dealing with multiple insurance carriers can complicate the negotiation process, potentially affecting the overall settlement.
The policy limits of the insurance coverage held by the liable parties
Detailed understanding of the insurance claim process is essential. This includes strategies for engaging with insurance adjusters, the importance of initial and subsequent settlement offers, and techniques for responding to lowball offers. Knowledge of this process can help claimants avoid common pitfalls and strengthen their negotiating position.
Your legal strategy and the competence of your legal representation
Understanding the impact of legal fees and associated costs is crucial for anyone filing a car accident claim. In many cases, attorneys work on a contingency fee basis, meaning they receive a percentage of the settlement or award. Claimants need to comprehend what percentage of their compensation will go towards these fees and any potential out-of-pocket expenses they might incur during the litigation process.
Additional factors
Factors such as the claimant’s credibility, the emotional impact of their testimony, and the persuasiveness of their case presentation can greatly influence a jury’s perception and the potential compensation. These non-monetary factors can be as pivotal as the factual evidence in shaping the outcome of a claim.
Lytal, Reiter, Smith, Ivey & Fronrath is here to maximize your compensation
It’s advisable to consult with a knowledgeable Fort Lauderdale car accident lawyer who can offer a more precise valuation based on the specifics of your case. They can help gather necessary evidence, deal with insurance companies, and, if required, represent you in court to ensure you receive fair compensation.
