Dealing with the aftermath of a motor vehicle accident can be overwhelming, particularly when it comes to seeking compensation for your injuries and losses. If you’ve been involved in a car crash in the Crescent City, it’s crucial to understand your rights and the compensation you may be entitled to. Here, we’ll delve into the key aspects of vehicle collision compensation and how a legal professional can assist you through the process.
What Constitutes Vehicle Collision Compensation?
Vehicle collision compensation is financial remuneration that an individual may receive following a car accident. This compensation aims to cover various losses, including medical expenses, lost wages, property damage, and pain and suffering. The purpose is to help the injured party return to their pre-accident state, both financially and personally.
Determining Liability
A crucial aspect of any vehicle accident claim is determining who is at fault. Louisiana operates under a comparative negligence system, meaning that even if you are partially at fault for the accident, you can still recover compensation. However, your compensation will be reduced by your percentage of fault. For instance, if you are found to be 20% at fault for the accident, your compensation will be reduced by 20%.
Calculating Damages
The damages in a vehicle collision case are typically divided into two categories: economic and non-economic damages. Economic damages are quantifiable losses such as medical bills, lost wages, and property damage. Non-economic damages include pain and suffering, emotional distress, and loss of enjoyment of life. Calculating these damages can be complex, and it often requires the expertise of medical professionals, economists, and other experts.
Insurance Company Negotiations
Dealing with insurance companies is an inevitable part of the compensation process. Insurance adjusters are skilled at minimizing payouts, and without proper legal representation, you may find yourself accepting a settlement far less than what you deserve. An experienced New Orleans, LA motor vehicle accident lawyer can negotiate on your behalf, ensuring that your rights are protected and that you receive fair compensation.
The Role Of An Attorney
A knowledgeable attorney brings invaluable expertise to your case. They can gather and preserve evidence, consult with experts, negotiate with insurance companies, and represent you in court if necessary. Their goal is to build a strong case on your behalf to ensure you receive the compensation you deserve.
Statute Of Limitations
It’s important to note that there is a time limit for filing a vehicle accident claim in Louisiana. The statute of limitations is typically one year from the date of the accident. Failing to file within this timeframe may result in the loss of your right to seek compensation.
Navigating the legal complexities of vehicle collision compensation can be challenging, but you don’t have to do it alone. At Kiefer & Kiefer, we have the expertise and experience to guide you through the process, advocating on your behalf every step of the way. We understand the impact a car accident can have on your life, and we are committed to helping you secure the compensation you need to move forward. If you’ve been involved in a motor vehicle accident, contact us today and let’s work together to get you back on the road to recovery.
