If you’ve been injured in a car accident in Las Vegas, you may be eligible to seek compensation from the driver who was at fault in the crash. You might have questions about how much your car crash claim is worth. You might already have searched the internet looking for a formula to tell you how much you should expect if you file a claim.
Unfortunately, there is no one-size-fits-all formula for determining how much you will receive if you file an injury claim after a car accident caused by another motorist. Every crash has many variables including the seriousness of the injuries, each driver’s share of fault, and the insurance policies available to pay claims. It takes a careful review of all the facts and strategic calculations to determine the fair value of each car crash claim.
But is there an “average” settlement for a Las Vegas car accident? The answer is that it really depends. Was your accident a minor fender bender or did you suffer serious injuries that will take time to heal, and cause you to incur medical expenses for months? It takes an experienced Las Vegas car accident attorney to analyze the facts and assess the fair value of your claim based on the specific details of your accident. It’s best to seek full compensation rather than settle for some hypothetical average payout.
What Factors Influence a Settlement Amount?
Multiple factors affect how much a car crash claim may be worth.
When calculating a car accident claim, here are some of the factors that can influence the value:
- The at-fault driver’s degree of fault for the accident
- Whether the person filing the claim contributed to the accident
- The cost of medical expenses
- The cost of property damage
- The amount of insurance coverage available to pay claims
Other factors that may influence the claim value include how much evidence is available to support the claim and the extent of injuries of the injured person.
Our attorneys at Sam & Ash have achieved case results in car accident cases of $50,000, $75,000, $100,000, $125,000, $500,000 and more. They are all different because the factors in each car crash varied greatly. Those past results underscore our experience handling serious car accident cases. But they are not predictive of what your case may be worth, because the facts of your case will be different. In every accident case, we seek What’s Right for our client.
What Can You Do To Improve the Outcome of Your Settlement?
You can’t change the circumstances of an accident. However, there are things you can do that may improve your chances of a more favorable outcome.
Consider these tips after a Las Vegas car accident:
- Report the crash to the police immediately and get a copy of the accident report
- Seek medical care as soon as possible
- Take photos at the accident scene including photos of your injuries
- Keep all follow-up medical appointments and stick to your doctor’s treatment plan
- Stay off social media and do not post comments about the accident online
- Keep all medical bills and receipts
- Contact a Las Vegas car accident attorney to discuss your legal rights
Nevada Car Insurance Laws
The minimum required amounts of liability insurance are:
● $25,000 for bodily injury or death of one person
● $50,000 for bodily injury or death total
● $20,000 for property damage
Uninsured motorist coverage is not required in Nevada, but many drivers have it. Uninsured motorist coverage protects drivers and their passengers if an at-fault driver has no insurance or in the event of a hit-and-run accident.
Nevada has a traditional fault-based insurance system when it comes to accident claims. In a fault-based system, the driver who is primarily at fault is responsible for compensating victims for their losses.
Generally, an accident victim files a claim against the insurance of the at-fault driver and seeks compensation to cover medical bills, lost income, and other losses. If the insurance company denies liability or refuses to agree to a fair settlement, the accident victim may file a lawsuit in civil court, asking the court to order the insurance company to pay the claim.
How Do Car Accident Settlements Work in Nevada?
An insurance adjuster is supposed to consider all the factors contributing to a car accident. The adjuster will examine who is at fault, the extent of the property damage, and the amount of medical bills. The adjuster may then propose a settlement. If the accident victim agrees to the proposed settlement amount, he or she signs the paperwork saying they accept the compensation in exchange for giving up their rights to pursue any further legal action.
It is worth keeping in mind that insurance adjusters work for insurance companies and are looking out the insurer’s interests. Adjusters often offer quick, low settlements to limit the insurer’s liability. Low settlement offers and hasty agreements benefit the insurance company, not the injured person.
Before you sign any papers presented by an insurance company, talk to an experienced Las Vegas car accident attorney. An experienced personal injury attorney can give you a more accurate idea of what your settlement claim may be worth.
How Long Do I Have To File a Car Accident Lawsuit in Nevada?
Victims of car accidents in Nevada have two years from the date of the accident to file a personal injury lawsuit. When time is measured in years, it sometimes seems like you can wait to call an attorney.
It’s best to seek legal advice promptly after a car accident. Talk to an attorney as soon as possible to understand your legal options. If an insurance adjuster does not negotiate in good faith, the adjuster could stall the settlement until the evidence has deteriorated and it is too late to prepare a lawsuit. You may then be left with no choice but to accept a low settlement.
Hire a Qualified Car Accident Lawyer in Las Vegas To Assist You
At Sam & Ash, LLP, we are committed to doing What’s Right for you. That means sitting down with you to discuss the specifics of your car accident and understanding how your injuries are affecting your life. You don’t deserve an average settlement. You deserve an attorney who cares about your recovery and demands a settlement that is right for your needs.
If you have been injured in a Las Vegas car crash, contact Sam & Ash, LLP today. We can review your case for free and talk about how we may help you seek justice.