How Much Is My Personal Injury Case Worth?
If you were recently injured and are considering filing a claim, you’re probably wondering how much your case might be worth. Unfortunately, there is no book to go by. Each case is different and depends on a variety of circumstances. Some things to consider are how much your injuries have cost you monetarily, physically and emotionally. In a personal injury case, this amount is referred to as damages, which are awarded to an injured person and paid by the person, group of people, company or other entity found to be responsible.
Most personal injury damages are compensatory, allowing a dollar amount to be applied to each consequence of the accident to the extent that it can be. Reimbursement for medical treatment already received and compensation for estimated future care are usually included in any award of damages. Lost income, lost earning potential and damaged vehicles and other property might also be included.
Compensation for emotional distress, pain and suffering, and loss of enjoyment of life may be awarded but, as you can imagine, these damages are more difficult to calculate. The fact finder can choose to assign a dollar amount to these injuries if the victim is experiencing physical pain and mental suffering after an injury.
When calculating damages for tangible losses some insurance company use a variety of formulas to determine how much the responsible party should pay. The amount usually increases with the degree of injury.
If you’ve been injured as the result of another person’s negligence or carelessness, speak with a skilled personal injury attorney in North Carolina for valuable guidance and advice.