What Influences the Value of Your Personal Injury Claim?

If you are a victim of an accident caused by another party, you might be wondering if you have an injury claim and how much it will be worth. Your finances can become complicated quickly after a serious accident. There are several bills to pay together with your regular bills. Plus, you might not be able to work for a while because of your injuries. Because of this, you might have many questions about personal injury and how an attorney can help. 

When you establish a personal injury claim, you want to have a figure in mind. But how much you will get depends on some factors. Although you have sustained injuries that other people have suffered, your injuries are unique and require compensation. Having a skilled lawyer on your side can increase your chances of maximizing the value of your injury claim. The following are factors that can influence the amount of compensation you may be able to get for your injuries:

The Party Responsible for the Accident

A lot of parties, including property owners, motorists, and homeowners, carry insurance to cover costs associated with an accident they can be involved in. While their insurance providers important protection, they set limits that can impact the amount of compensation you might get for your injuries. Also, insurance companies are known for making lowball offers when handling injury claims. 

The Number of Liable Parties

Your compensation amount can increase the more parties are liable for your injuries. Your attorney will make sure all parties accountable must pay the compensation you deserve. Accidents that can have several parties involved include truck accidents. In this type of accident, the truck driver, trucking company, parts manufacturer, maintenance company, and cargo company can be held liable for the costs related to your injuries. 

Your Damages

Your medical bills will grow according to the seriousness of your injuries. These damages are just among those that you may be able to include in your personal injury claim. The higher your medical bills the more compensation you can demand from the at-fault party.

In addition, your claim will increase if you have lost income because of your injuries. Your attorney can calculate these damages through documentation of the workdays you have missed. Also, the financial impacts of your injuries can also influence your compensation amount. For instance, if the accident leads to property damage, you can include the associated costs to your claim. 

More article

Recent Stories