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Coral Springs & Parkland Injury Lawyers > Blog > Car Accident > How Much Should I Ask For In A Florida Car Accident Settlement?

How Much Should I Ask For In A Florida Car Accident Settlement?

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After suffering a severe injury in a Florida car accident because of another driver’s negligence, you can recover compensation from the negligent party’s insurance company. After you file a claim against the at-fault party’s insurance company, you will receive your payment in the form of a settlement. The primary purpose of a settlement is to resolve legal matters between you and the at-fault driver and their insurance company. It is crucial to note that, after accepting a settlement, you cannot go back and demand more money or file a lawsuit against the at-fault driver in the future. Because of this, if you were injured in a car accident because of another driver’s negligence, you must carefully think about how much you should ask the at-fault party’s insurance company to pay you.

So, exactly how much should you ask for in a Florida car accident settlement? It is impossible to state the exact figure each person should ask for as every case is different. The amount you need to ask for in your car accident settlement is dependent on the specifics of your case. An attorney will have to evaluate your case in order to advise you accordingly.

If you were hurt in a Florida car accident because of another driver’s negligence, reach out to an attorney and allow them to investigate your case and determine the appropriate range of settlement for your injuries and damages.   At our firm, we offer free consultations.  In a case where more than one person was injured in a car accident, every individual’s case must be assessed individually. Even when people are in the same car when an accident occurs, they can still suffer different injuries and losses, meaning they will need to ask for different amounts.

Damages You Can Recover After a Florida Car Accident

Usually, the first step towards determining how much you should ask for in a car accident settlement is evaluating economic and noneconomic losses. In Florida, you have the right to be compensated for, among others, the following economic damages;

  • Medical expenses
  • Lost wages
  • Loss of earning capacity
  • Long-term care
  • Vehicle damage

When it comes to noneconomic damages, you have the right to be compensated for, among others, the following;

  • Physical pain and suffering
  • Mental pain and suffering
  • Loss of enjoyment of life

If you suffered noneconomic damages, your claim could be worth a lot. Such damages usually increase a settlement amount.

Begin With a High Figure, but Do Not Ask for Too Much

It is recommendable to ask for a figure that is considerably higher than the amount you would be comfortable accepting in the end. However, you need to avoid asking for too much. If, for example, you ask for too much, the insurance company will most likely see through the tactic and ask you to file a lawsuit or give you a low number. If that happens, you will be back at square one.

Contact a Coral Springs Car Accident Lawyer

Did you sustain severe injuries in a Florida car accident because of another driver’s negligence? Do you need help determining how much you deserve as compensation? If so, contact one of our Coral Springs car accident lawyers at Lyons & Snyder today.

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