A recent car accident in Indiana may have left you with lifelong injuries. If this is the case, you have the right to file for compensation. The amount of your settlement will depend on a number of factors. Chief among them will be the extent of your injuries. The amount you receive can depend on how far an injury can affect the quality of your life.
Common factors that determine compensation for injuries
Motor vehicle accidents can lead to serious injuries, some of which can be permanent. The amount of your permanent injury settlement will be determined by several factors. These can include the level of disability that you are dealing with. You may require ongoing care, such as equipment or hired personnel to help you with your mobility issues.
You may also be dealing with lasting disfigurement to your face or body. This will be a very strong factor in determining compensation. If you have scars on your face and are still young or female, the distress can be especially severe. It can be even worse if you are engaged in an occupation that depends on you maintaining your appearance.
If you received any kind of permanent injury, disability, or disfigurement at a young age, your settlement will generally be much higher. This is because you will have to live with the effects of your injury for a much longer time.
Your compensation can sometimes be limited
if you were injured as a result of an auto accident, the amount of your claim may be limited by the amount of the liability policy held by the driver that was at fault. Their insurance company may insist on strictly observing these limits. You may be able to overcome them by buying a policy of optional underinsured motorist coverage.
You may be filing your claim via workers' compensation. The total amount that you can claim may be dispensed to you via a lump sum. This amount can't be expected to cover pain and suffering. However, the amount you receive will usually not be treated as taxable income.