In the aftermath of a car accident in Jersey City, you may be facing expensive vehicle damage, rental car and travel costs, medical bills, legal fees and more. It is normal to wonder how much your car accident case would be worth if you achieve a successful settlement or jury verdict. After all, obtaining fair compensation can allow your family to pay the bills and move forward without undue financial hardship. The answer to this question, however, varies significantly from case to case.
The value of a car accident claim in New Jersey will depend on issues such as the severity of the victim's injuries and losses, whether the victim has a permanent disability, the victim's age and income level, whether the case involves wrongful death, and the value of the damaged motor vehicle. Some car accident cases may be worth $10,000 or less, while others may have values that climb to six or seven figures.