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How to Calculate a Car Accident Settlement in Texas

Auto wrecks are expensive—you already know this. But how do you figure out how much your car accident has truly cost you? The costs go far beyond the price tag of your damaged vehicle. You will have to figure out all of the negative effects your accident has had on your life.

Learning how to calculate a car accident settlement in Texas is not easy, but here are the basics below.

Calculating Your Auto Injury Claim in Texas

First, you should come up with a list of all of the losses your accident has caused you. Some common financial losses are vehicle damage, medical costs, physical therapy expenses, lost income, and caregiving costs.

You should also add in future costs that you expect to deal with, such as future medical treatment and the loss of income you could have earned had your accident not happened.

Next, you need to come up with a sum that you believe adequately accounts for your suffering. You’ve likely suffered physical pain, mental trauma, emotional distress, and lost life enjoyment. You can also be compensated for permanent injury and how this will affect your future.

The financial losses can simply be added up—one plus two equals three. The nonfinancial losses are more challenging to calculate. How does one put a price tag on physical pain or the loss of mobility, for example? Insurers and courts often attempt to classify your suffering by examining the seriousness of your injury and how it will affect your life in the long run.

Get in Touch with a Car Accident Lawyer in Texas

Figuring out how to calculate a car accident settlement in Texas is no easy task, but it can be made easier with help from a knowledgeable car accident lawyer in Corpus Christi. Talk to one today during a free case assessment to get personalized answers to your questions about car crashes. Alex R. Hernandez Jr. PLLC can be reached through the online form below or by dialing 361-792-3811.

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Main Office, Corpus Christi:

921 N. Chaparral Suite 100
Corpus Christi, Texas 78401

Phone: 361-792-3811

San Antonio Office:

300 Convent Suite 1330
San Antonio, Texas 78205

Phone: 210-960-9008

Austin Office:

700 Lavaca Suite 1400
Austin, Texas 78701

Phone: 512-640-4009

Edinburg Office:

506 W. University
Edinburg, Texas 78539

Phone: 956-307-4577

Houston Office:

1700 Post Oak Boulevard 2 Blvd Place
Houston, Texas 77056

Phone: 713-660-7018

Laredo Office:

1100 Matamoros Suite 200
Laredo, Texas 78040-7804

Phone: 956-606-4284

Dallas Office:

2911 Turtle Creek Suite 300
Dallas, Texas 75219

Phone: 972-363-6616

El Paso Office:

231 N Kansas, 7th Floor
231 N Kansas, 7th Floor

Phone: 915-777-3310

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