What Determines The Value Of My Claim?
- Lost wages resulting from your injuries;
- Medical expenses resulting from the accident; and
- Property damages.
All of these damages are tangible amounts and can also be estimated for the future. Many claims that have a victim who suffered a disabling injury or wrongful death will account for future lost wages and/or future medical expenses.
Non-economic damages are commonly known as “pain and suffering” in a personal injury claim. This is compensation for the mental anguish, emotional trauma and stress that you and your family will be dealing with after a serious accident. It also accounts for loss of quality/enjoyment of life in the event your injuries led to permanent disability/disfigurement or fatality.
By examining the results of cases similar to yours, as well as taking into account your own economic losses eligible for compensation, your attorney can provide a basic estimation for your claim value. You should never consider this estimate as a settlement amount until it is offered to you on paper. Many clients make the mistake of counting on an estimated value prior to settlement, only to find their offer amount different from what they expected.
After a serious accident, you should be able to spend your time focusing on your recovery; not dealing with insurance adjustors, never-ending paperwork and complicated legalese. Contact us today for a free case evaluation – 866-806-4349.