How to Calculate a Wrongful Death Settlement for a Negligent Vehicular Accident

When it comes to the filing of a wrongful death claim for a negligent auto accident, the claim is filed with the purpose of seeking monetary compensation from a party whose carelessness caused another person’s death. A wrongful death claim for an auto accident in the State of California can be brought against any driver who carelessly caused another’s demise. In legal terms, carelessness is often referred to as negligence.

Calculating a monetary amount for any grievance in a wrongful death claim can be extremely difficult and can quite often require expert legal support. When a wrongful death case is resolved through a settlement claim, the amount can vary depending on what both parties mutually agreed to. Additionally, wrongful death claims that go through a trial run the risk of being completely dismissed.

 If you or someone you know has lost a loved a one as a result of a negligent driver, a skilled personal injury attorney can assist you. Dealing with the passing of a loved one is difficult; allow a proficient attorney help you obtain financial support that can help you through this difficult time. 

Understanding How a Settlement is Calculated After an Auto Accident

As previously mentioned, a wrongful death claim for an auto accident can result in a monetary settlement. Determining the amount for the settlement can be one of the most difficult tasks a grieving family can experience. Many families tend to see this as placing an amount of financial value on their loved one. While any settlement will never amount to the great loss of the victim, it can help the victim’s survivors recuperate for their financial losses. The following are essential elements that could be used to help the grieving family determine a settlement amount:

The victim’s age

The victim’s state of health

The victim’s earning capacity or income at the time of his or her passing

Circumstances surrounding the victim’s dependents

The victim’s training and experience along with his or her amount of education

Accrued medical expenses while the victim was alive but injured

Other similar costs

Funeral expenses

Loss of benefits such as health insurance and/or pension

Understanding How a Settlement is Paid Out After an Auto Accident

For the most part, the auto insurance company that is responsible for the coverage of the negligent driver will pay out the wrongful death settlement. It is important to understand, however, that insurance companies have a limit as to how much they will pay out. This will depend on the policy the negligent driver has obtained with his or her insurance carrier. In the event that the negligent party does not have sufficient coverage under his or her policy, he or she will be responsible to pay the remaining amount. When the party is unable to do so, other more advanced options for filing and pursuing a claim may be available, but under the guidance of your attorney for the best possible outcome. 

The Bottom Line: Seek Legal Support for a Wrongful Death Claim for an Auto Accident

If you have lost a loved one as a result of a careless driver, the loss can cause a great financial burden. Suffering the loss of a loved one is undoubtedly painful; seek the support of a skilled attorney who can help you through the claims process. 

Attorney Justin H. King is experienced in the field of wrongful death lawsuits involving auto accidents and he is dedicated to helping those who have suffered the loss of a loved one because of careless driver. His dedication and perseverance has helped many victims’ survivors win financial compensation for their grievances. Wrongful death lawsuits in the State of California are time sensitive; seek proficient legal support as soon as possible.

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The Law Office of Justin H. King