The average settlement for a car accident in Las Vegas, NV depends on the crash itself. What you get in compensation after an auto collision depends on the severity of your injury, any vehicle damage, and other factors. To put yourself in the best position to secure a large settlement, hire an experienced Las Vegas car accident lawyer.
Following an auto crash in Las Vegas that leaves you with an injury, partner with H&P Law. Our Las Vegas car accident attorney is available to review your case. Contact us today.
How a Las Vegas Car Accident Settlement Is Calculated
There is no standard formula to calculate the costs of a car crash. In a personal injury lawsuit, you have the option to request economic and non-economic damages. You may ask for these damages for many reasons, such as:
- Medical bills
- Damage to your car
- Lost wages
- Pain and suffering
The goal of an auto accident settlement is to make you “whole.” This means the at-fault party or their insurance company gives you enough money to cover your crash-related losses. A car accident lawyer in Las Vegas helps you calculate your losses, and then submit a claim for a reasonable amount of compensation.
Who Pays a Settlement After a Las Vegas Car Crash
The at-fault driver or their insurer may pay out a settlement after your car collision. Every motorist is required to have auto insurance coverage in Nevada. If you get into an accident and the other driver is 100% responsible, their insurer may provide you with compensation.
Even if an at-fault driver has insurance, there is no guarantee you will get a settlement. An insurance company is more focused on protecting the best interests of its client and its own bottom line. Regardless of whether you have a valid claim for compensation, the insurance provider may do everything within its power to avoid paying you.
If you are involved in an accident with an uninsured motorist, you will not necessarily be held accountable for your crash-related losses. In this situation, you may be protected if you have uninsured motorist coverage on your auto insurance policy. If you do not, you may have to file a personal injury lawsuit against the at-fault motorist.
How an Auto Insurance Company Calculates a Settlement
A car insurance company looks at who is at fault in an auto accident, the severity of any injuries that a victim incurs, and other factors. From here, the business may attempt to negotiate and do whatever it can to avoid a payout or limit the amount of money it gives to the victim. If the insurer succeeds, it will not have to pay the victim the money they need to be made whole from their collision.
If you enter negotiations with a car insurance company, be prepared to share evidence that shows you are in no way responsible for your accident. Per Nevada Revised Statutes §41.141, modified comparative negligence applies to auto collision cases. If you cannot show that the other driver was fully responsible for your crash, you risk losing money or not receiving any compensation at all.
With videos and photos of your accident scene, medical records, and other evidence, you can present a compelling argument. Your evidence may make it clear to an insurance company that the other driver was negligent, which led to your accident. If you have a body of proof to support your claim, you may be able to boost your chances of getting the full amount of damages you request.
How Long It Takes to Get a Car Crash Settlement
There is no requirement for the driver who caused your car crash or their insurer to propose a settlement. In some instances, you may get a call from the at-fault motorist or their insurance company just days after your collision. They may offer a lowball settlement in the hopes that you will not pursue further damages.
Just because you receive a settlement offer does not mean you have to accept it. There are times when approving a settlement may inadvertently do more harm than good. For instance, if you suffer a catastrophic injury in a car crash and approve a settlement for just a few thousand dollars, you may not get sufficient compensation to cover all of your medical bills moving forward.
When in doubt about what to do with a settlement offer, consult with a car accident attorney in Las Vegas. The team at H&P Law can help you negotiate a fair settlement. To learn more, get in touch with us.
Tips to Get a Fair Settlement in a Car Accident Lawsuit
If an at-fault driver or their insurance company reaches out to you and offers a settlement in the days following your crash, do not accept the offer. Connect with an attorney who has experience with auto crash cases. This lawyer can answer frequently asked questions and many others about settlement proposals in auto accident cases.
Let your attorney handle your settlement negotiations throughout your litigation. Remember, there is no need to approve a settlement offer unless it is in your best interests to do so. Your lawyer will keep you up to date about proposed settlements and can help you weigh the pros and cons of each one you get.
Lastly, do not be afraid of what can happen if you decline a settlement. In the worst-case scenario, you and your attorney will bring your case to court and present your argument to a judge or jury. If you have a strong argument, you are well-equipped to get a fair settlement at this time.
Get Started with Your Las Vegas Car Accident Claim
H&P Law is a Las Vegas personal injury law firm with more than 60 years of combined legal experience on staff. We can help you get compensation following an auto crash that occurs due to no fault of your own. For more information, contact us today.