If you have injuries from a car accident, you might want to know how much your claim is worth. Residents of Lexington and other parts of Kentucky may want to read further to learn more about what determines the amount of a claim.
According to The National Law Review, it is difficult to place a number on a case without looking at many factors. However, the other driver’s insurance, as well as the actual driver who is at fault, will think of a lower figure than your own attorney. Your attorney may name a figure, but it is only a rough estimate.
Figuring out the claim
Some of the factors that will be under consideration include the following:
- Current medical expenses
- Lost wages
- Future medical expenses
- Emotional pain and suffering
- Expenses for rehabilitation
- Modification costs for the home
- Domestic services
Wages are usually lost when an accident and injury occur. You may no longer be able to work or not be at the same level as you were before the accident.
Nature and severity of injury
The severity of the injury will be a consideration. Was an ambulance involved? Was surgery necessary? Factors such as hospitalization and needed long-term care will also be under consideration.
Chances for complete recovery
If the doctor determines that you will make a full recovery, that will affect the settlement. Your attorney will want to consult with your doctor to understand more about your chances for a complete recovery.
Most personal injury cases reach settlement before a trial. However, if the attorneys cannot agree on a figure, the case will go to trial. The amount will then be determined, and it may also depend on the type of insurance you have.
If you have an injury from an accident, it is wise to consult an experienced attorney who has knowledge of personal injury law. They may help you fight for the maximum compensation and give you the guidance that allows you to move on with your life.
