When you’re injured in a car crash, it will take a long time for your case to be resolved. The car crash payout timeline starts after you call a car accident lawyer to file a lawsuit and an injury lawyer in Edmonton will help you to sort out this issue.
According to the complexity of the case, it can take 3-4 months to one year. That is why, after the accident, you must save up all the papers as a piece of evidence for the case.
Like Canada, all other states hold the same time for settlement, although we will be discussing the settlement timeline after a car accident in Alberta specifically. Here it goes-
Settlement Timeline after a Car Accident
The length of time it takes to recover from a traffic crash and the type of injury make the benchmark for the considering factors. Returning to a natural state is difficult in many situations.
However, for the minor injuries and if you heal completely, the settlement will occur 6 to 9 months after you begin with your case. Generally, once you’ve reached MMI, you won’t be able to negotiate the compensation money anymore.
A car crash injury lawyer will typically request any treatment records from any physicians or physical therapists you’ve seen at this stage.
Many of your medical imaging tests and expert reviews can be obtained during this phase. The time it takes to receive this information will range from three to four months.
Settlement for Different Types of Accidents
There are different types of accidents, and compensation varies from the severity of the case to the variation of the case. We have enlisted some of them for you here.
Car Accident Settlement in Alberta
First of all, we will talk about car accident injury settlements in Alberta. If you endured only minor injuries, you would file a claim for pain and disability (also known as “general damages”) due to a car crash.
In 2004, the amount was set at 4,000 dollars, accounting for inflation every year. The maximum amount is 5,296 dollars.
A sprain, fracture, or type I or type II whiplash are considered minor injuries. For soft tissue damage cases made within six months of the MVA, the limit remains.
And for bigger injuries, including car damage is up to 350000 dollars. It can be paid through lump sum or annually with interest.
Motor Vehicle & Auto Injury Settlement
Other accidents include motor vehicle accidents, auto injury, slip and fall injury, pedestrian hit by a car, etc.
For motor vehicle accident claims and auto injury claims, you may follow the car accident claim process more or less.
They are the same and revolves around the severity of the injury and the vehicle damage.
Slip and Fall Injury Settlement
In case of slip and fall settlement, you must fix that whose fault is? If the property owner ignorantly didn’t clean up the spot and didn’t put a ‘careful’ sign, he was the fault party.
If the victim walks ignorantly with the eyes on something else or wearing headphones, the amount will decrease according to the situation.
For a minor injury, it is up to 5000 dollars, and for significant damage with a long recovery process, it could be 50000 dollars and more.
‘Pedestrian Hit by a Car’ Settlement
If a pedestrian is hit by a car for minor injuries such as whiplash or a fractured bone, the estimated accident payout for a person injured by a driver will vary between 15,000 to 75,000 dollars. If the other driver were discovered to be driving under the influence of sleep or drinking, you’d be paid extra.
Car Accident Settlements Calculator in Alberta
Calculating a fair amount of compensation you will consider in exchange for giving up your legal action is the first step in negotiating a settlement in a car crash or personal injury case.
To get a negotiating point for arbitration negotiations, most insurance providers and personal injury lawyers use one of the formulas we will discuss below.
It is valid if the lawsuit is for physical harm in a car crash, a slip and fall injury, or some other kind of personal injury claim.
To calculate non-economic damages, a popular calculation uses a multiplier and the medical expenses (money for your pain and suffering).
To arrive at a dollar number from which you can bargain, multiply this number by the economic damages (medical costs, property damage, and lost income).
According to the severity of the case, the court will multiply your loss by 1 to 5. there are other legal terms and conditions during negotiations.
Additionally, on the internet, you will find many personal injury compensation calculators. You can try them if you want.
Car Accident Injury Lawyer in Alberta
Do you have concerns about how to settle your injury claim?
It would help if you spoke with one of the experienced and hard-working personal injury lawyers closer to your city about the motor vehicle collision insurance compensation options.
Furthermore, the amount of liability is determined by the seriousness of your injuries as well as other damages.
Regarding this, your injury lawyer will ensure your maximum comfort and justice. In fact, with their experience, they will close the case sooner with utmost carefulness.
While facing a car crash, the last thing on your mind should be getting a lawyer whose fees are very costly.
But in cases like that, you won’t have to do this because a part of your settlement will go toward paying a lawyer.
This fee is calculated as a percentage of the claim’s gross worth. But don’t worry! It is not more than 30% of your settlement money.
FAQ: Settlement Time after a Car Accident
There are some frequently asked questions we tried to answer here in brief-
How Long Does It Take to Settle a Car Accident Claim in Alberta?
The majority of personal injury cases are settled out of court and do not go to the trial period. About 98 percent of cases are resolved out of court informally.
Before a definitive decision at trial, the case will be settled at any time.
If the final settlement cannot be reached before the official verdict, it will take 3 or 4 years for your case to be heard in court.
What is the Minimum Settlement for a Car Accident?
One of the essential factors in determining a settlement is the severity of the injuries. One individual who was hurt in a car crash, for example, will receive a $300,000 compensation.
Someone else, on the other hand, can only settle for $5,000 (usually for minor injuries). So, it all depends upon the seriousness of the car crash and economic debits.
How are Auto Accident Settlements Calculated?
The government of Alberta has reduced the amount of compensation (money) that a survivor of a car crash will claim for such minor injuries.
The Alberta Minor Injury Regulation (AMIR) is the law that establishes the amount.
The law and the Diagnostic and Treatment Protocols Regulation have caused a lot of misunderstandings among the general population and the legal profession.
But in simple words, the lawyer asks for the compensation money by multiplying two or three with the total debt of the patient. It includes car damage, medical bills, lost wages, etc.
How is a Settlement Paid Out?
A negotiated legal contract may be used to carry out compensation for a physical injury. It can be paid out in the form of a fixed lump sum or a sequence of annual payments.
Structured settlement of annual payments may be customized to suit specific requirements.
However, the terms and conditions cannot be modified until they have been settled upon once.
Final Words: Settlement Timeline After a Car Accident
Beware of any accidents because money cannot always fix what you have endured- physical pain, mental trauma, economic loss, ability to work further, or maybe the death of your loved ones.
That is why be careful while you drive or pass by in the streets. And also, do not take it as a way of earning money because corruption will get you nothing but pain and punishment.