The United States is said to be one of the busiest countries regarding road traffic. 

The country is known to have some of the best freeways wherein vehicles can zoom away. 

 

With all the infrastructural development, the Bureau of Labor Statistics report says that the country experiences around 13 car accidents every minute, costing nearly $474 billion in 2020.

These car accidents are sometimes fatal, sometimes with damage and injuries, and sometimes damage but with no injuries. Whatever may be the case, car accidents are covered under insurance. 

However, how much you can claim, how long it will take, and the claim procedure will depend on the nature of the accident.

 

Let us now look at some of the common concerns in cases of accidents with no injuries.

What would be the average claim amount?

If your car meets with an accident and there are no injuries, you may wonder whether you can claim a settlement amount. The answer is, Yes. 

According to the Martindale-Nolo survey, the average compensation for a car with no injuries is around $16,700. Having said that, though there are no injuries or casualties, the accident claim amount may vary from case to case.

For example, in the case of Sudha, et al. v. Gomez, et al the accident amount was settled to $7,997,563.00.

 

How to claim?

Now that you can claim car accidents with no injuries, it’s time to know how to claim such cases.

Most of the time, cars leased or financed opt for Collision insurance that covers some cost of repairing or replacing your damaged vehicle. 

Collision Insurance comes to your rescue in the following situations:

1. Accident with another vehicle.

2. Collision with an object, such as a tree or a building.

3. Car damage from potholes.

4. Single-car accidents, such as rollovers.

 

What are the parameters that impact the claim amount?

Insurance coverage: In most states, the drivers must have liability insurance. This policy covers the collision cost in most cases.

Liability: When there is a collision, the claim amount depends on who was at fault from the two parties. For example, in some states, if the driver is found even 1% at fault for the collision, he cannot claim compensation.

Losses: The third criterion that defines the compensation amount is the physical damage caused to the vehicle. The aim is to recover almost all the costs of the repairs caused by accident.

 

How long does it take the settlement amount?

It takes approximately 6-10 months to receive the settlement amount. However, if you hire an attorney for yourself, he can settle the amount faster. 

In addition, an attorney ensures that the case is presented well with no scope for queries or requirements of documents.