How to Determine the Value of Your Personal Injury Claim

Maximize Your Compensation with Help from a Personal Injury Lawyer

Being caught up in an accident and getting injured can have long and lasting devastating effects on one’s life. Recovery physically from the injury is just the tip of the iceberg. Loss of income or wages due to missed work and rehabilitation, along with stress and disturbances in daily life caused by the accident, can weigh heavily on the victim.

A personal injury claim should be made considering all these damages. As a victim, you are entitled to get compensation for all that you have suffered due to the accident, especially if you were completely not at fault.

There are many factors that need to be considered when determining the value of a personal injury claim. Your personal injury lawyer can guide you in the best way after taking into account your unique circumstances.

Considerations That Impact Your Compensation Value of Your Claim

  • How the accident occurred
  • Who was at fault
  • What were the extent of your injuries
  • Duration of your medical treatment
  • Cost of medical treatment
  • If you have any pre-existing medical conditions
  • How much medical care you need in the future to recover completely from your injuries
  • Wages or income you lost due to the accident
  • How your life changed – socially, mentally, and emotionally – after the accident
  • Will you be able to work again
  • How your family has suffered due to your personal injury

Determining the Value of Your Personal Injury Case

To accurately estimate the value of your personal injury case, all the above-mentioned factors need to be considered. A detailed study and analysis is needed in order to assess the complete value of compensation you should get. Medical treatment and reports are extremely important, as the severity of your injury will determine the value of your case. You need professional help of a personal injury lawyer, who could handle your case in such a way that you get maximum value for your personal injury case.

Examining Medical Bills

Medical bills play a big role in determining the total worth of your personal injury claim. They provide evidence of the severity of your injury. Documentation of all the medical bills and reports is crucial for a successful personal injury claim.

Considering Lost Wages

The next big factor in determining the total worth of your case is the wages or income you lost due to injury. If your injury was severe, you must have missed several days at work. You deserve to get complete compensation for those missed days/wages. The value of your case would greatly depend upon the duration of missed work and amount of lost wages.

Evaluating Pain and Suffering

In a personal injury claim, your lawyer will try to evaluate your pain and suffering to date, and also how your personal injury will affect your life in future. These aspects are important; you as a victim are entitled to compensation for your pain and suffering.

Conclusion

There is no way to perfectly calculate the total value of your personal injury claim. Especially in cases involving serious injuries, the total value of a claim cannot be evaluated so soon after the accident. You will have to wait and see the total amount of hospital bills, among other damages, before accurately estimating the total value of your claim.

Personal injury claims are often complex in nature; there are many factors that need to be considered in order to evaluate the value of your claim. Hiring a professional personal injury lawyer will greatly help your case. Your lawyer will make sure you get the maximum compensation for your pain and suffering that was caused by the negligence of the defendant.

Last Updated: 03-24-2017