Types of Damages You Can Recover in an Auto Accident Settlement

You could suffer serious injuries, such as a traumatic brain injury, neck or back injuries, or paralysis, in a car collision in New Mexico. If a negligent driver caused your wreck, you are entitled to be fully compensated for your injuries by them.

Before filing your claim with their insurance company, you need to understand the types of compensation you should receive. You should also retain an experienced car accident lawyer in Roswell to negotiate your settlement with the insurance company so that you are not taken advantage of and receive all the damages you deserve. 

Types of Compensation Awarded in Auto Collision Cases

In New Mexico, you can recover both economic and non-economic damages if you are the victim of a car accident. Economic losses are the financial losses Two-Car Collision in an Intersectionyou suffer that you can calculate. Non-economic damages compensate you for the physical and emotional losses you experienced as a result of the crash.

If you suffered a long-term injury—which is common in auto collisions—you should recover both your past and future damages. Here are the types of compensation you should receive in your settlement:

  • Medical expenses. You should be reimbursed for the cost of all medical care necessary to treat your injuries. Medical expenses you can recover include surgeries, hospitalizations, doctor visits, medications, physical therapy, in-home care, and more.
  • Lost wages. If you must take time off work while you recover from your injuries, you are entitled to your lost wages, lost sick and vacation time, and other perks of your job. You could also deserve lost earning capacity damages if you must take a pay cut because you make a career change or become permanently disabled.
  • Property damages. The insurance company should reimburse you for the cost of repairing or replacing your automobile and any other property damaged in the collision.
  • Pain and suffering. You are entitled to compensation for the pain, suffering, and emotional distress you suffered due to the accident and your injuries. These types of damages are difficult to value without the help of a knowledgeable car accident attorney.
  • Punitive damages. Punitive damages are only awarded if the driver operated their vehicle in a malicious, willful, or reckless manner.
  • Wrongful death. If a family member was killed in an auto collision, you may be able to file a wrongful death action to recover damages from the driver who caused their death.

Call a Roswell Car Accident Lawyer Today

Were you injured in an auto crash? Was a loved one killed? Our dedicated car accident legal team at The Injury and Disability Law Center helps auto crash victims in Roswell, Carlsbad, Artesia, and Southeast New Mexico obtain the compensation and justice they deserve. To learn how we can assist you, call our office to schedule your free consultation today.

 

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