In the wake of a car accident, you may face mounting costs in medical bills and lost wages. As such, one of the main concerns on car accident victims’ minds is the amount their case may be worth.

Below, we discuss what you may expect in a car accident settlement.

What’s My Car Accident Claim Worth?

The value of a car accident claim depends on dozens of individual factors including the nature of the accident and any injuries involved.

Generally, your personal injury attorney will add up your economic losses from the accident, including property damage, medical bills, and lost wages. Then, they will typically multiply this amount by a multiplier, such as two or three, in order to reach a reasonable damages amount for your demand letter.

So, for instance, if your property damage from the accident totaled $5,000, your medical bills totaled $10,000, and your lost wages totaled $4,000, this would add up to $19,000. Your attorney would then multiply this number by a factor of two or three to come up with an amount anywhere from $38,000 to $57,000.

This is a very average settlement amount; yours may be much higher depending on the nature of your injury and your need for ongoing rehabilitative care.

Contact the Clearwater Car Accident Law Firm of Roman Austin Personal Injury Lawyers for Help Today

For more information, please contact the legal team of Roman Austin Personal Injury Lawyers for a free initial consultation with a car accident lawyer in Clearwater. We have four convenient locations in Florida: Clearwater, New Port Richey, and Tampa.

We serve throughout Pinellas County, Hillsborough County, Pasco County, and its surrounding areas:

Roman Austin Personal Injury Lawyers – Clearwater Office
1811 N. Belcher Road, Suite I-1
Clearwater, FL 33765
(727) 787-2500

Roman Austin Personal Injury Lawyers – Congress Ave Office
2360 Congress Avenue
Clearwater, FL 33763
(727) 591-5610

Roman Austin Personal Injury Lawyers – Tampa Office
6601 Memorial Hwy Suite 202
Tampa, FL 33615
(813) 686-7588

Roman Austin Personal Injury Lawyers – New Port Richey Office
2515 Seven Springs Blvd.
New Port Richey, FL, 34655
(727) 815-8442