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If you have been involved in a car accident and are seeking compensation for the damages you’ve incurred, it’s important to understand the various factors that can affect the value of your accident claim. Failing to do so can result in insurance adjusters offering less than you’re entitled to. By familiarizing yourself with these factors, you can maximize your chances of achieving the full and fair compensation you deserve. Please continue reading to learn what factors can influence the value of your car accident claim and how a dedicated New York City Car Accident Attorney can help you fight for the just compensation you deserve and need to get your life back on track. 

What Factors Impact the Value of a Car Accident Claim in New York?

Understanding that every car accident is unique is critical, as no two accidents are identical. Therefore, insurance companies consider various factors to determine the value of a car accident claim. One of the most significant factors that affect the value of your car accident claim is the severity of your injuries. If you’ve suffered catastrophic injuries that require extensive medical care, such as surgeries or ongoing rehabilitation, this will result in a higher settlement. The total cost of your medical bills, the duration of your treatment, and the long-term impact of your injuries will all affect the value of your car accident claim.

If your injuries caused you to miss work or hindered your ability to earn an income, you may be entitled to receive additional compensation for your lost wages. Furthermore, your emotional damages will significantly impact the value of your claim. Pain and suffering, emotional distress, inconvenience, loss of enjoyment of life, and other non-economic damages are harder to calculate. Despite the complexities of assigning a monetary value to these subjective losses, evaluating these losses is crucial in ensuring you receive just compensation for your damages. Ultimately, how the accident has impacted your life will heavily weigh on how much your accident claim is worth.

What if the Insurance Company Offers Me a Quick Settlement?

Unfortunately, it’s not uncommon for insurance adjusters to quickly approach victims following an accident to offer a lowball settlement. While accepting may be tempting, especially if you’re stressed over the complex legal process ahead, you should refrain. Early settlement offers from insurance adjusters will be far below the total value of your damages. This is because the full extent of your damages is unknown in the early days after your crash. You may be entitled to more than you’re initially led to believe. Therefore, it’s in your best interest to retain the legal services of an experienced attorney.

If you’ve been seriously injured in a car accident, please don’t hesitate to contact a skilled New York City car accident attorney from the legal team at Swerling Law, who can help you fight for your rightful compensation.


To a man who was assaulted at a restaurant and sustained a traumatic brain injury.


Settlement to a barista who slipped and fell on a defective stairwell while working for Starbucks who sustained back injuries requiring multiple surgeries in 2012.


Settlement to a woman who was assaulted and sustained back/hip injuries in 2015.


To a man who sustained back injuries when he was a passenger in the car that rear ended another car.


Verdict to a high school student who was assaulted by a school dean during her lunch period dislocating her hip in 2014.

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