An Auto Accident Attorney in Charlotte Explains How Insurance Companies Value Injury Claims

An Auto Accident Attorney in Charlotte Explains How Insurance Companies Value Injury Claims

Charlotte NC Auto Accident Lawyer

Placing value on your injuries and loss of wages will be among the primary objectives for the insurance company in your personal injury case. A knowledgeable auto accident attorney in Charlotte will assist you in finding and retaining important documents that support the severity of your injuries and claims for lost wages.

Insurance companies will usually place the most value on serious and definitive injuries. Some examples are:

  • broken limbs
  • long term disfigurement
  • damages to internal organs

Other injuries may be subjective and have comparatively less value. Such injuries include: 

  • soft tissue injuries
  • muscular skeletal injuries
  • emotional pain

Although broken legs generally have a faster recovery time compared to the “whiplash” injuries, the insurance companies will routinely pay more for the former injury than for the latter. As your auto accident attorney in Charlotte will explain, this is because the jury does not always see visible, objective evidence of back or neck injuries. However, plaintiffs with compound fractures and similar injuries might be seen wearing braces or limping significantly, which serve as a compelling indication of a serious injury to the jury.

An Auto Accident Attorney in Charlotte Explains How the Insurance Company Handles Loss of Income

The insurance company won’t experience much trouble determining your lost wages or profits, since they can be calculated objectively in monetary terms. Therefore, your auto accident lawyer in Charlotte will advise you to retain all documentation that supports your claims of lost wages. The insurance company will likely pay your lost wages if:

  • You are an employee who lost a given number of hours multiplied by a certain rate of pay per hour.
  • Your (preferably reputable) employer can provide a supporting letter and personnel record which shows a precise amount of your lost income. This is the most convincing documentation of your lost income.

Your auto accident lawyer in Charlotte will have a much more difficult case in his hands if you are self-employed, keep inconsistent records and pay minimum income tax, if at all. If you get paid “under the table,” you have no viable claim for lost wages.

Contact the Auto Accident Law Firm of Bice Law

If you have suffered injury from a vehicle accident, take the first step to protect your legal rights – contact the personal injury firm of Bice Law.  We investigate the accident records or scene in order to interview key witnesses and document evidence before it has been destroyed or removed.  We’ll review your medical records and evaluate your long-term prognosis to assess the amount of damages that your injury warrants.  We’ll determine whether an out-of-court settlement or trial is the best strategy to obtain maximum benefits for you or your family. We serve families across both North and South Carolina. You only have a limited time after your injury to file a claim, however, so you must act quickly.  Contact the personal injury firm of Bice Law today by calling (855) 5-BICE-LAW or submit an online request to get a free consultation with a vehicle accident attorney.  Results are how we measure success – we’ve built a strong reputation both in and out of the courtroom, and we’ll put our experience and expertise to work on your behalf

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