There are several factors that influence the amount of compensation you receive for a road crash claim. To help you understand fully how compensation is calculated, we have prepared for you a series of headings below.
Types of compensation
There are two types of compensation:
- General damages, and;
- Special damages.
You will be awarded both for your accident, however they will be combined into a single settlement demand. General damages is the compensation awarded for your injuries, while special damages is the compensation awarded for financial losses related to your accident.
Calculating general damages
The amount of general damages you can demand from the other side depends on the type of injuries you have sustained, the extent of those injuries and how your injuries have and will affect your life. Your recovery period from your injuries will also be taken into account, as will the acceleration of any pre-existing medical conditions if applicable.
These facts will be established through a medical examination which you have to attend as part of the claims process. The medical examiner will create a medical report detailing these facts, which your solicitor will use to process your road crash claim for compensation.
Calculating special damages
The amount of special damages you can demand from the other side depends on the level of provable financial loss you have sustained or will sustain. You can claim back lost income, overtime, benefits or other financial losses, and also out of pocket expenses such as related travel costs, medical costs or insurance costs if you have had to pay a policy excess.
Your lawyer will need from you evidence to support these claims, such as wage slips, a note from your employer, bills, receipts and so forth. If you will be unable to work for some time, and you will not be paid your full wage, then your lawyer will demand several months’ worth of wages from the other side to ensure that you can cover your financial losses.
Your road crash claim settlement demand
Your final settlement demand has to be fair and proportionate to your injuries and your financial losses to be successful. If you ask for too much then the other side may contest the claim value which would set your claim back. However, your road crash claim lawyer will always push for the maximum allowed settlement value, to ensure you are not left out of pocket by your accident and to ensure that you get justice for your accident and injuries.
For advice following an accident or to find out more about how the accident claims process works, call us for free and with no obligation today on 0800 157 1437.