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Speeding accidents: how to calculate the damages and compensation

Bronx Personal Injury > Car Accidents  > Speeding accidents: how to calculate the damages and compensation
Speeding accidents: how to calculate the damages and compensation

Speeding accidents can have devastating physical, emotional, and financial consequences, especially when it comes to accidents caused by speeding. In these cases, it is crucial to understand how to calculate the damages and compensation that a victim may be entitled to.

According to the National Highway Traffic Safety Administration (NHTSA), in 2021, speeding accidents caused the death of a total of 12,330 people, making it one of the leading causes of fatal traffic accidents in recent decades.

In this article, we will explain in detail how you can determine the damages caused by speeding-related traffic accidents so that you can calculate the compensation you can claim for your injuries.

Remember that in the event of a traffic accident, even if it is caused by speeding, the law provides you with rights that allow you to recover the money generated by your injuries and each of the damages caused by the incident. Call today at 718-295-4000 or schedule a consultation so that our lawyers at Nonna Shikh Law can evaluate your case.


Also, check out: Distracted driving accidents: how to prove the other driver’s fault and get fair compensation


What injuries can a speeding accident cause?

A speeding accident can cause a wide variety of injuries, especially when the driver does not comply with the main safety rules when driving, such as wearing a seatbelt.

Some of the most frequent injuries in these types of cases may include:

  • Traumatic brain injuries: A strong impact due to speed can cause traumatic brain injuries such as concussions, hematomas, or contusions.
  • Spinal cord injuries: The force generated by a high-speed accident can cause injuries to the spinal cord, such as vertebral fractures, spinal cord injuries, or herniated discs.
  • Neck and cervical area injuries: Whiplash injuries are common in speed accidents, which can lead to injuries such as whiplash syndrome or cervical hernias.
  • Bone fractures: High speed can cause fractures in different parts of the body, such as limb bones, ribs, pelvis, or clavicle.
  • Internal injuries: Internal organs may be damaged due to the force of the impact, which can result in injuries such as internal bleeding, organ perforations, or kidney damage.
  • Chest trauma: High-speed accidents can cause chest injuries such as broken ribs, lung contusions, or heart damage.
  • Limb injuries: Vehicle occupants may suffer limb injuries such as fractures, dislocations, sprains, or muscle tears.

Each of these injuries can generate a significant amount of expenses in terms of medical care and recovery processes, as well as material expenses that may have been caused by the accident. Through compensation, you can have the opportunity to recover all expenses caused by the accident.


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How to calculate compensation for a speeding accident case in New York?

To calculate the exact compensation in a speeding accident case in New York, it usually requires following a complete legal process and depends on several factors. Below are some aspects that you should consider when calculating compensation in such a case:

Medical expenses

All medical expenses related to the accident, such as medical consultations, hospitalization, surgeries, medications, physical therapy, and any other necessary treatment, should be taken into account. It is important to keep all medical records and bills to support these claims.

Lost wages

If the injuries suffered in the accident have prevented you from working and you have lost income, you can seek compensation for lost wages. This includes both lost wages up to the date of the settlement or trial, as well as estimated future wages that will be affected due to the injuries.

Pain and suffering

In New York, it is possible to seek compensation for physical and emotional pain caused by the accident. This type of compensation can be subjective and vary depending on the severity of the injuries and their impact on the quality of life.

Property damage

If the accident caused material damage to your vehicle or other personal items, you can claim compensation to repair or replace those items. It is essential to have clear evidence of the fact to support your claim and increase the chances of receiving the compensation you truly deserve.

Permanent damage or disability

In cases of serious injuries that result in permanent or long-term disability, additional compensation can be sought to cover ongoing physical or emotional limitations. In this case, medical reports and prescribed medications will also be essential evidence to achieve the compensation you deserve.

Loss of quality of life

If the injuries caused by the accident significantly affect your ability to enjoy life, participate in everyday activities, or perform activities that you used to enjoy, you can seek compensation for the loss of quality of life.

Why is it important to hire a traffic accident lawyer?

If you have suffered injuries in a speeding accident case, it is essential to ensure that you have the support of a good team of traffic accident lawyers who can help you defend your rights and gather the necessary evidence to achieve the compensation you deserve.

At Nonna Shikh Law, we are a top-tier law firm with a recognized track record in New York, and we are ready to fight for your case and assert your rights before the necessary instances. For us, your case is a priority. That is why we provide personalized and quality attention, with which you can achieve the million-dollar compensation you deserve.

Call us now at 718-295-4000 or schedule a consultation so that we can provide you with the legal advice you need. Our lawyers also speak Spanish! Do not wait any longer and contact us to seek justice for your injuries.

Also, check out: The most common types of injuries in traffic accidents and how to treat them


Frequently Asked Questions

How can I prove that the accident was caused by speeding?

To prove that an accident was caused by speeding in New York, it is essential to gather solid evidence. This may include the testimony of eyewitnesses who can provide details about the speed at which the vehicle was traveling, vehicle black box records (if available), police reports indicating estimated speed, or citations issued for speeding.

In addition, photographs of the accident scene, damage to the vehicles, and any other evidence supporting speed as a contributing factor can strengthen your case by demonstrating that the driver was driving above legal limits or recklessly.

How long does it take to resolve a speeding accident case in New York?

The duration of a speeding accident case in New York can vary depending on several factors. While some cases can be resolved in a matter of months through negotiations with insurance companies, many others may take longer if it is necessary to file a lawsuit and take the case to trial.

It will all depend on the complexity of the case, the availability of evidence, and the cooperation of the parties involved.

Can I file a lawsuit in a speeding accident case?

Yes, it is possible to file a lawsuit in a speeding accident case in New York. If negotiations with the insurance company do not reach a satisfactory agreement or if there are special circumstances that justify legal action, you can file a lawsuit to seek fair compensation for your injuries and damages.

However, for that lawsuit to have the greatest possible success, it is important to ensure that you have the support of a good team of traffic accident lawyers. Contact our Nonna Shikh Law team at 718-295-4000 and get ready to receive the compensation you deserve.