How to Calculate a Car Accident Settlement in Louisiana

If you experienced a car accident in the New Orleans area, you may be in shock and unsure of how to move forward. If you know someone else caused your car accident, you can take legal action and try to obtain a settlement to pay for any damages you suffered as a result of the accident. Although a lawsuit can seem stressful after going through something so traumatic, it can be worth the time and effort.

Before moving forward with a car accident lawsuit, you should calculate your car accident settlement so you know the amount you’re entitled to. A New Orleans car accident lawyer from Smiley Law Firm, LLC can assess the details of your case to determine who’s at fault. Using evidence and negotiation tactics, we’ll work hard to maximize your claim value. 

Identify all Liable Parties

It’s essential to identify all liable parties in your New Orleans car accident if you want to calculate your car accident settlement and increase the value of your claim. If a negligent driver hit you, for example, you’ll need witness testimonies, photographs, or other concrete evidence to support your argument. It’s also possible that more than one party caused your car accident or injuries.

By identifying everyone involved in causing your car accident, you can increase your ultimate payout and have more money to treat your injuries. 

Assess the Damages You’ve Suffered

When assessing the damages you’ve suffered because of the car accident, you should consider both your financial and nonfinancial losses. Financial losses may include things like medical expenses, lost wages, and property damage, while nonfinancial losses may include losses like pain and suffering and loss of enjoyment of life. These damages will be factored into your car accident settlement total. 

Contact a New Orleans Car Accident Attorney

Discussing your case with a New Orleans car accident lawyer can make it easier to understand how much money you deserve. The right attorney will fight for you so you can walk away with what you’re owed. To speak with a member of our team at Smiley Law Firm, LLC, fill out the contact form below or call 504-894-9653 to schedule a free consultation.

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