After a severe injury like a car accident, a fast settlement offer may seem like a blessing, but is it? Victims often do not understand the full cost of their injuries, which means that they usually do not know if the settlement they are looking at is fair. How can you be sure you are getting the compensation that accurately reflects the total cost of your injuries?

The average initial cost of a medical injury in an accident can be more than $15,000. Negotiating with insurance companies for fair compensation can be difficult, especially when you do not know how much you need to recover. Thankfully, you do not have to do the negotiations yourself.

What should the compensation cover?

Fair compensation should cover more than just the initial medical costs. A victim of an accident should get the compensation that reflects:

  • Both current and future medical costs
  • Property damage
  • Loss of enjoyment of life
  • Pain and suffering
  • Lost income
  • Ongoing care
  • Medical equipment
  • Physical and emotional therapy

Despite there being so much that compensation should cover, insurance companies are commonly hesitant to offer a fair amount. These companies are a business like any other, and their primary goal is to make money, not give it away. A good lawyer knows how to fight for their clients and negotiate for compensation that will not leave a victim paying for their injuries in a few weeks.

Get your fair share

If you are facing a personal injury claim, make sure you have a lawyer to guide you. Even if you have already received a settlement offer, it is not too late to make sure that your compensation accurately reflects the total cost of your injuries and not just the initial ones.