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Car Accident Compensation in New York If youve been in an accident you might be qualified to file an accident compensation claim You can sue for economic losses in excess of the limits of your policy and also for noneconomic damages There are several factors that can affect the value of your claim If you have been seriously injured you may seek damages in New York There is a deadline to file a claim for car accident settlement If youve suffered injuries in a car accident you may be entitled to compensation You must take action within the deadlines in your state New York has a three year limitation period on claims If you fail to submit your claim within the period your claim could be denied by the court You must inform your insurance company as quickly as you can Your insurer will give you an exact time limit for filing your claim The clock begins running at the time of accident It is important to notify the police as soon as you can Some symptoms may take several days or even weeks to manifest before they appear After a car accident it is imperative to document everything you can Keep any evidence you can find at the scene and keep all the contact details of all those involved It isnt easy to remember the details of the incident and its crucial to have everything organized beforehand Also dont rush into filing a claim if youre not sure you have all the facts straight To ensure that you have the correct evidence and the right facts its best to speak with an attorney Each state has its own time frame for filing an insurance claim for car accident compensation In the majority of states there are two up to three years to file an claim If you are waiting longer than three years after the incident the court may dismiss your claim However this doesnt mean that you cannot file a claim if you have the appropriate documents Factors that could impact the value of your claim The amount you can receive following the result of a car crash is determined by many factors The amount you claim will be determined by the severity of your injuries the nature and severity of the accident and the insurance policies of the other driver Most of the time the policy of the other driver is either not adequately insured or not insured which can impact the amount of compensation youre entitled to Your claim may be greater than the damages you are entitled to in the crash Future medical expenses as well as future medical expenses and medical bills can also influence the value of your case When claiming compensation following a car crash its important to follow certain rules and guidelines First you must get medical attention high point car accident lawyers YouTube are essential in proving that youre injured and that you followed your doctors orders If you dont your insurer may question the extent of your injuries and deny your claim You should also be aware of the type and extent of your injuries If youve suffered severe traumatic brain injuries and you are claiming compensation for it it could be less valuable Because severe TBI can affect all aspects of a persons life including their work in driving work and other in daily activities it could result in a reduction in the value of your claim TBI is the primary reason for death and disability in motor vehicle accidents Insurance companies take this into consideration when determining the value of the claim The other drivers degree of fault in the accident is another crucial element Your compensation claim will be more effective when you can establish that you were at fault You may not be able to receive all of your claim if other driver is partially to blame Economic damage You can establish economic damages when you suffer a personal injury by keeping track of all medical bills lost time from work as well as other expenses Keep timesheets that detail the hours you were not able to work because of your injury You should also keep an injury diary as well as any mental health records The economic damages you suffer can include outofpocket expenses lost wages and property damage The amount of these damages is usually calculated using a multiplier of 15 to five based on the severity of your injury The economic damages are often greater for those suffering from severe injuries If youre severely injured and are incapable of working for six months or more you could be qualified for pain and suffering damages that are up to five times the annual salary You could also be eligible for other compensation in addition to economic damages For instance if you suffered serious injuries you could be entitled to pain and suffering as well as the cost of repairing your body Your attorney can help you determine the appropriate amount for these noneconomic damages Your lawyer will also be able to advise you on the best legal action to take to settle these claims Other kinds of damages are more difficult to quantify but are still crucial Noneconomic damages include pain and suffering loss of consortium and emotional distress Youll be required to file a lawsuit with the insurance company representing the negligent driver to collect these damages Thirdparty information A car accident claim for compensation can cover a variety of expenses including medical expenses treatment costs as well as pain and suffering In most instances the third party insurance company will provide an initial lumpsum offer It is important that you be aware of the amount they offer and how it will meet your needs You should not accept any offer that does not match your expectations and do not sign any contract