After an accident when someone is injured, the first question that comes to mind is, “Do I Have a Case?” and “How much is it worth?”
There is no magic formula for determining the value of a potential claim. Determining fault and liability is important in all accidents, whether they involve an automobile, truck, bicycle, motorcycle, slip-and-fall, or defective product.
Determining fault essentially determines who pays for damages caused. Questions are asked: Was the other party completely at fault, mostly at fault, or only partially at fault?” If liability is not clear, a percentage of liability may be assigned to different parties by the insurance company claims adjuster.
The value of your claim is proportional to the extent of the harm and losses you incurred – what your injuries cost you monetarily, physically and mentally. You may receive economic and non-economic compensatory damages, including monetary compensation for:
- Medical expenses
- Lost wages – present and future
- Damaged property
- Emotional distress
- Loss of enjoyment
- Loss of consortium
There are many factors that go into the computation for compensation of a personal injury case. Aside from the obvious compensation for medical bills and income loss, you need to factor in the inconvenience and the pain and the suffering of the victim.
Calculating the value of a personal injury case is much more art than science. While it may seem simple to add together all the damages to come up with a number, often the most substantial part of a settlement is comprised of non-economic damages, such as pain and suffering.
For a free legal consultation, call (201) 890-4838
If you sustained serious injuries, it is in your best interests to consult with an experienced personal injury attorney at the law offices of Maggiano, DiGirolamo & Lizzi. They can help you determine if you have a case, and if its worth enough to move forward with the claim.
While money won’t undue the accident, it certainly helps bring a level of comfort back to a life that was seriously impacted by a severe accident injury – caused by another person’s negligent actions.
Contact us to set up a completely free, no-obligation meeting with a lawyer to discuss your options. We can answer your questions and explain different options you may want to consider.