Valuing a Car Accident Injury Claim

Valuing a Car Accident Injury Claim in New Jersey

In 1972, New Jersey lawmakers enacted a series of legislation in order to ensure that individuals who are injured in motor vehicle accidents receive compensation as soon as possible and that there are financially responsible parties to provide the necessary resources to support these claims. The State’s specific auto insurance requirements are outlined in the three primary legislative components created to address these issues: the Compulsory Insurance Law, the Automobile Reparation Reform Act (also known as the “No Fault” Act), and the Uninsured Motorist Act. Although this system acts as a foundation for the legal process related to automobile accident injuries, there are a variety of other circumstantial factors considered when determining appropriate compensation for an individual who brings a personal injury lawsuit following a motor vehicle accident.

When discussing the monetary compensation associated with a motor vehicle accident injury claim, legal professionals will generally refer to these as “damages.” Damages can encompass a host of factors, both tangible and intangible, including: the victim’s medical expenses (cost of current and future medical care), rehabilitative treatment (continuing physical therapy, etc.), necessary future accommodations (i.e. a wheelchair or wheelchair access to one’s residence), income lost as a result of the accident (both past and future), costs to repair damage to personal property, the “pain and suffering” caused by the injuries, and one’s loss of enjoyment of life.

The skilled personal injury attorneys at Chamlin, Uliano & Walsh have served on behalf of countless clients, ensuring that they receive just compensation for injuries sustained during motor vehicle accidents. These talented legal professionals profoundly value accessibility and understanding for their clients, considering the person’s experience as of paramount importance as they attempt to navigate through this difficult time. For a free initial consultation with a member of our legal team, contact 732-440-3950 or submit an online contact form.

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Auto Accident Injury Settlements in Monmouth County NJ

As stated previously, there are a variety of factors that contribute to the ultimate valuation of damages to which a person is entitled in a specific case, with the circumstances of the situation varying greatly among claimants. However, the overarching principles that influence the determination of damages include:

  • The specific injuries sustained by the victim and his or her potential for full recovery
  • The type and period of medical treatment received by the victim
  • The extent to which the accident impacts the victim’s ability to earn income
  • The emotional toll of the individual’s injuries
  • The specific type and level of insurance coverage of both parties
  • If there is a party responsible for causing or significantly contributing to the occurrence of the accident and the victim’s ability to prove this party’s responsibility

 

Compensation for Car Accident Injuries in Ocean County NJ

The law firm of Chamlin, Uliano & Walsh unites experience with compassion, with attorneys who serve as passionate legal advocates for each of their clients. If you have been involved in a motor vehicle accident in New Jersey or if you are a New Jersey resident who was involved in a motor vehicle accident in another state, contact us online or call 732-440-3950 as soon as possible for a free consultation.