The value of how much a personal injury case is worth will vary from person to person and claim to claim. How much a personal injury is worth can depend on several contributing factors, including:
- The extent and severity of your physical injuries
- The amount of time you will miss from work
- Your pain and suffering and mental distress
If the accident that led to your injuries is eligible for punitive damages, that may add to the value of your claim. A lawyer can help you assess how much compensation you may be entitled to with a personal injury claim in Atlanta, Georgia, and then negotiate a favorable settlement with the at-fault party’s insurance company.
Define the Cause of Your Personal Injury Claim
A personal injury lawsuit or insurance claim may be the result of an accident caused by another person’s negligent or reckless behavior. You might have the basis of a personal injury claim if you were injured by a number of different situations, including:
- A car accident
- A slip and fall accident
- A defective product
- The wrongful death of a loved one
There are many other accidents that may qualify for compensation through a personal injury claim. If you or a loved one sustained an injury because of someone else’s negligence, a lawyer can help you prove the cause of your injuries and their related expenses.
For a free legal consultation, call (404) 888-8888
Economic and Non-Economic Recoverable Damages
Compensation you may be entitled to after an accident that results in a personal injury can have both economic and non-economic damages. Economic damages can include:
- Lost income
- Medical expenses
- Damaged property
- Funeral and burial expenses
A lawyer can help you categorize and assign a value to other accident-related out-of-pocket economic costs. Meanwhile, non-economic damages can include:
- Physical disability
- Pain and suffering
- Mental anguish
- Loss of consortium
Depending on the actions and intentions of the at-fault party, you may also be entitled to receive punitive damages for your injuries. According to the Legal Information Institute (LII), punitive damages are additional awards meant to act as a general warning to the public if a defendant’s behavior is especially harmful. Consider discussing the details of your accident and the possibility of punitive damages with a lawyer.
Assessing the Cost of Your Claim
Accurately valuing your financial compensation claim is an important part of ensuring you are not undervalued or underpaid compared to what you may be entitled to, and that you are not left with out-of-pocket expenses for an accident you did not cause.
To ensure the full costs of your injuries are covered by your insurance settlement or personal injury lawsuit, a lawyer can:
- Review your medical records
- Assess your future medical prognosis
- Assign a value to your pain and suffering
- Assess your wages or business income loss
- Calculate the cost of your future medical care
- Assess the value of your damaged or totaled property
Each personal injury claim is different, so a lawyer can work to assign the correct value to your case. Other compensation you may be entitled to can include the costs of medications, medical aids, in-home care, and necessary rehab.
Avoid Putting Your Compensation Claim at Risk
Every state in the U.S. has a limit on the amount of time you have to seek compensation against the person or entity responsible for your injuries. If your personal injury claim is not filed within this statute of limitations, it may have little to no value.
A personal injury lawyer can help you avoid putting your claim at risk by ensuring it is filed in accordance with the state’s timeline. Georgia Civil Code § 9-3-33 gives personal injury victims up to two years to file a claim.
Because the clock starts ticking from the date of your injuries, you should consider hiring a lawyer to start preparing your claim for compensation you may be entitled to while you are still recuperating from your injuries.
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Fight for the Best Possible Financial Outcome
If you or someone you love is injured because of another person’s negligence, you may have the basis of a personal injury claim. The team from Bader Scott Injury Lawyers can help you define the cause of your injuries, identify the at-fault party, and determine how much a personal injury is worth. Avoid undervaluing your claim or accepting a settlement that does not fully cover your expenses and losses. If you are ready to possibly take legal action, contact a member of the team from Bader Scott Injury Lawyers at (404) 888-8888.