Alaska highways experience car accidents weekly, if not daily. An automobile accident can drastically alter a person’s life. Victims may suffer life-threatening injuries or die depending on the nature and severity of the accidents. You are entitled to compensation for the losses and injuries you sustain in a car accident because of someone else’s negligence.
Filing a claim for compensation after a car accident can be difficult, especially if you are still recovering. The responsible parties do not always admit responsibility for the accident’s cause. You can engage in a back-and-forth argument with insurance adjusters as you seek compensation for the harm the accident caused you.
You may hire a car accident attorney in Alaska to manage the claim procedure because the days immediately following your auto accident may be distressing.
Determining the Damages You Could Receive in an Alaska Car Accident
Car accidents frequently range from minor body damage to severe head-on collisions. The intensity of the accident will determine whether the victims die or sustain severe injuries. Alaska law allows victims to seek compensation from negligent parties’ insurance because most auto accidents result from negligence.
Personal injury claims are meant to compensate for any losses incurred due to an accident. Financial compensation for the consequences of your auto accident is known as compensatory damage. While the harm and losses you endure are visible, getting compensated is not always straightforward.
The compensation you receive following a car accident may depend on various events and considerations. Because of this, it is impossible to determine the merit of your claim without considering each component.
Calculating damages for a car accident lawsuit in Alaska involves assigning a monetary value to items that are incomparably more valuable than money. Some of the elements that go into calculating damages in an auto accident claim include the ones listed below:
- Value of Economic Damages
The amount of economic losses you sustain is one of the key elements in calculating damage in a car accident in Alaska. The following are a few examples of the financial damage brought on by auto accidents:
- Lost Future Earning Capacity
- Lost Income
- Medical Expenses
- The Extent of Non-Economic Damages
Non-economic damages are considered for calculating damages in your claim, even though they cannot be quantified in monetary terms. The following are examples of non-economic damages that go toward the ultimate settlement you receive for your car accident claim:
- Loss of Consortium
- Diminished Quality of Life
- Pain and Suffering
- Medical Expenses
- Fault for the Accident
You might be involved in a car accident at least once, even if you are a careful driver. Multiple parties’ irresponsibility causes the majority of car accidents. The damages you receive from your claim are influenced by who was at fault for your vehicle accident. Because Alaska is an at-fault state, the at-fault driver is held liable for losses and injuries.
It might be difficult to determine who was at fault in an accident, so insurance adjusters need to gather as much data as possible to support your claim. It is critical to realize that being partially at blame for an accident that left you hurt may impact the compensation you receive for your losses.
In Alaska, carelessness is a major car accident cause. You must show that the other party was irresponsible and that your suffering resulted before you can receive compensation.
- Insurance Coverage
After a car accident, auto insurance is crucial in settling a personal injury claim. Your car insurance and the responsible party are involved in your claim from start to finish. In Alaska, all drivers are obliged to carry insurance. The damages you receive in your claim will significantly influence the type of auto insurance each motorist has.
You must gather details about other parties involved in the accident to be compensated. You can compile the addresses, phone numbers, and insurance details. Additionally, you should inform your motor insurer immediately after the collision. If the fault party’s insurance is liable in your claim, it will pay you for any accident-related injuries and property damage.
The insurance company may seek to provide you with compensation outside of court after an accident, which is frequently less than you are entitled to. Accepting the initial settlement that is presented is not a good idea. You might be asked to deliver a recorded statement by an insurance adjuster. This declaration could be used against you by the insurance companies to lower the damages you receive. Therefore, before agreeing to a deal with an insurance company, speak with your lawyer.
You must rely on your insurance for compensation if the at-fault party has no motor insurance or if the value of their coverage is insufficient to cover the losses you sustained. Since you and your insurer have a contract, it is their duty to discuss and resolve your claim; should they fail, you may sue them for breach of contract. Sadly, there will be no way to get the money even if you deserve millions in damages because there is insufficient insurance.
You could suffer financially, emotionally, and physically after an Alaska car accident. Putting a value on your claim is essential to getting the money you need to compensate for your losses. It will be easier to obtain the essential information if you know how damages are calculated and determined following a car accident in Alaska.