Many factors are considered when determining how much compensation should be. Factors include medical expenses, property damage, pain & suffering, and lost wages.
Personal injury claims rarely see the courtroom. They are often settled out of court through mediation. If it does make it to a courtroom, you may have to testify.
Although you may have been speeding, you still are eligible for financial compensation. Juries will consider your speeding and determine what percentage of the accident was your fault. The more you are considered at fault for, the less money you will get.
The first thing you should do after any accident is to seek medical attention. Your health and safety are the most important things in your life. After you receive proper medical attention, get in contact with a personal injury attorney. Additionally, you should write down what happened on paper while it is still fresh in your mind, make a list of witnesses, and follow the instructions of your attorney.
You have up to one year after the date of the accident to file your personal injury case.
There is no exact timeframe that every case must follow. The quickness of your payout will depend on how quickly you begin filing your legal case and if you accept a settlement offer. After a settlement amount is agreed upon or determined by the court, the defendant will have up to 30 days to pay you.