An Oklahoma City man calling for help after a car accident.

A car accident can leave you with mounting medical expenses, car damage, lost wages, pain, and stress, all while wondering what to do next. If you were injured in a car accident in Oklahoma City that was caused by someone else, you’re entitled to compensation for your injuries and expenses.

You can seek compensation for your medical bills, car repairs, lost wages, and other related expenses. However, many factors can influence the settlement amount you may be entitled to recover. Continue reading to learn what those are and what you can do to get the most for your settlement.

Who Pays the Accident Settlement?

An injured woman reading her medical bills after a car accident in Oklahoma City.When you’re involved in a car accident, your insurance company typically pays the costs of your car damage and your injury expenses, depending on your coverage. If your vehicle expenses are more than the car is worth, the insurance company may declare the car totaled and offer you a sum for the car’s value.

If someone else’s carelessness caused the car accident, their insurance company is responsible for compensating you for your medical expenses, car damage, lost wages, and more. In order to close the case quickly and inexpensively, their insurance company may offer you a lower settlement than you deserve. Having a car accident attorney help you communicate with the insurance company can ensure you demand the full amount of compensation you’re entitled to recover.

What Factors are Considered in Settlement Offers?

Several factors influence the total settlement you may receive from the insurance company. If your case goes to court, the insurance company or the judge consider the type of injuries, the length of your therapy, your medical treatment, and the impact on your work. They’ll also consider the severity of the accident and the circumstances. Permanent injuries also impact the settlement you may receive.

Typically, insurance companies offer settlements after medical treatment is complete. If you’re expecting to undergo future treatment when you file your claim, be sure to let the insurance company know and avoid settling for less than you deserve. Sometimes, minor injuries turn into more significant injuries in the days, weeks, and months following an accident, and you can be left with less money than you need to cover your expenses.

How Are Car Accident Settlements Calculated?

Two drivers taking notes at the scene of a car accident in Oklahoma City. Various factors affect how car accident settlements are calculated, including expenses for car repairs, medical bills, and any lost wages. Generally, the settlement amounts for severe accidents with extensive injuries or accidents that involve a reckless at-fault driver are higher. However, all cases are unique, so it’s important to contact an experienced attorney to ensure you receive the maximum compensation. Additionally, you’re still limited to the driver’s policy maximum. If your expenses are greater than their policy maximum, you may need to sue them for the additional expenses or seek compensation from your own policy’s underinsured motorist coverage.

Hurt in an Accident? Contact The Wolf Pack™

Car accident injury settlements are unique and vary according to the circumstances of the accident, but the best advantage you can have is an experienced lawyer on your side. The Wolf Pack™ at Colbert Cooper Hill Attorneys will fight for your rights and seek the compensation you deserve for your injuries. Call 405-218-9200 or fill out the online form to get your free case review!