Do you know how much to ask for in a personal injury settlement? When it comes to personal injuries, no two injuries are the same, and some cases have more value than others. As well as a greater or lesser degree of injury. The final value of a personal injury depends on a variety of factors, including the type, nature, and extent of the injury as well as the medical treatment of the accident victim. The degree of damage as well as the value will also depend on the amount of insurance available. The victim of an accident should always ask for more than what he thinks the case is worth. The victim should also make sure that wages lost during the injury are made up. As well as pain, suffering, discomfort and emotional instability.
How is damage determined?
Before anything else, and before the process begins, your personal injury lawyer will investigate your case. The following items will be included in the potential settlement:
- The medical bills you have paid and the future bills you will have to pay to treat the injury,
- Injury recovery costs,
- The discomfort, suffering and pain caused by the injury,
- Therapy after injury,
- Lost salaries due to the impossibility of being at work, etc.
- Your personal injury lawyer will add up all the medical expenses incurred and multiply the sum by 1.5 to 5. This is the basic starting point, and there are other factors to consider. So it is safest to discuss this topic with a personal injury lawyer.
How to calculate the amount of compensation for personal injury?
There are several ways a lawyer can determine the number you need to be paid. Although no method can predict the exact amount, here are the things that can be used:
Calculating economic damage by adding medical and other costs,
non-economic damages, such as pain and suffering using your annual salary or income as a guideline. They also use forms of compensation, such as medical expenses, and multiply it by a certain number, often between 1 and 5. The number depends on the severity of your injuries.
Other factors
Many other things can influence the decision on the amount of compensation you should receive in the event of an injury, and some of them are as follows:
- How severe the injury is
- The impact of injury on daily life
- Long-term impact of injury on life
- Disabilities and injuries due to injury
- Necessary medical procedures caused by the injury
- Going to trial for injury
- etc.
Each case is different, so it is problematic to determine the amount that victims should ask for in a settlement.
Negotiations and settlement
Negotiations are a very important part of the process that is almost inevitable. It is also important to understand that one of the possible outcomes is that you will not receive any compensation for your claim for personal injury. You must be prepared to submit any decision made by the court after negotiating and determining all the causes and evidence.
WHY you need a personal injury lawyer? Check HERE.
Do you need a personal injury lawyer for your case?
Of course! Here at Bajric & Ramic Law Office, you have a chance to work with some of the best personal injury attorneys in St. Louis Missouri.
We offer free consultation for everyone. You just have to contact us!
If you find these information above useful, but you have more questions regarding the subject, or you just need legal help straight forward, give us a call on 314 352 6800 and get free consultations today!
