Car accident settlement contract
Accident normally occurs between two road users of which, one is usually the lawbreaker while the other is the offended. These accident cases usually get settled by the court. However, a more harmonious way will be to issue an agreement letter of car accident and settle everything off court. Your average car accident settlement might be approximately $21,000. It is likely to fall somewhere between $14,000 and $28,000. The settlement is generally higher for more severe or permanent injuries. If you are injured in a car crash and get $50,000 in compensatory damages and $5 million in punitive damages, the former is tax-free. The $5 million is fully taxable, and you can have trouble