GBG Law - Factors That Affect the Value of Your Car Accident Settlement
                     Factors That Affect
The Value of Your Car 
Accident Settlement
Car accidents are frightening and expensive, with high medical bills, repair fees, and legal 
costs. Understanding the factors that impact your car accident settlement can save you 
money and time in the long run.
01
Bearing Fault and 
Claims
The value of your settlement may depend on who is at-fault for the 
accident. If the other party is at-fault, you may be entitled to 
receive compensation for the accident from their insurance. If you 
re at-fault for the collision, then you may be limited in what you 
can recover if anything. 
For situations where the fault is equally shared, you may still be 
entitled to compensation from the other party in relation to their 
share of fault. 
02
Does the Other Driver 
Have Insurance?
After an accident, it’s important to exchange insurance 
information with the other drivers involved to help 
determine the fiscal responsibility from the accident. If the 
other driver is uninsured, you may be able to go through 
your own insurance under your uninsured motorist 
provision, if you have it.  
03
Claim Evidence
At the site of the accident, gather as much 
evidence of the incident as possible. Getting 
things like photographs of the vehicles, 
insurance, and visible injuries is important in 
the claims process to determine fault and 
damages. 
04
How Severe Are Your 
Injuries?
Severe injuries can yield severe costs, 
requiring you to incur medical bills for 
months and sometimes years. Negotiating an 
offer with an insurance company when you 
have a car accident attorney present can 
help ensure you get adequate compensation 
to cover your bills now, and in the future. 
05
Your Medical 
BIf yioul losr a loved one sustained serious injuries in an accident, the 
extent of the bills can vary based on 
a few factors. These include:
● The severity of the injuries
● The expected recovery 
● Your existing healthcare plan
● Whether a lawyer is present to 
handle your accident claim
06
When Did You First 
Seek Medical 
TMarnye inasutramncee conmptan?ies will take note of 
when you seek medical treatment after an 
accident. Waiting to seek medical attention may 
be treated as a sign that your injuries are not 
severe enough or that you weren’t actually in 
pain, which can affect your settlement. So, 
seeking medical treatment immediately after an 
accident is crucial for your health and your claim.
07
Property For most people, getting their vehicle repaired or replaced after an 
accident is of most importance so 
Damage they can get back to work, etc. Some 
of the claims you may have after a 
From collision are: 
● The repair costs of fixing 
Your Car damaged property● Lost items or damaged 
Accident property like laptops and cell phones
● The loss of use of your vehicle 
while it is being repaired
08
Current Lost Wages
Injuries that result in lost wages are compensable and should be considered in your 
settlement.
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Other losses or damages may increase the value of 
Non-Economic your settlement are you general damages:
● Emotional distress
Damages ● Pain and suffering
● Inconvenience
● Reduced quality of life
● Loss of consortium
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Did You Get A Car 
Accident Lawyer To 
Handle Your Claim?
Getting an auto accident attorney to handle your 
claim can help you get more money in a 
settlement. 
Hiring a car accident lawyer in Pasadena, C
A
 is the best way to determine the value of your 
case.
At Grigoryan Blum & Grigoryan, our initial 
consultations are free of charge. You are under 
no obligation to retain our services after meeting 
with us. Contact us at (626) 817-9022 to discuss 
your case with a knowledgeable lawyer!
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