How much money is my case worth?

There is no specific formula that can be used to exactly predict how much your case is worth. No two cases are exactly similar. As every case is unique, the worth of each accident claim must be considered on a case-to-case basis. It is difficult to come up even with an estimated cost for any claim.

The amount of money you could potentially receive by filing a legal claim depends on several factors, some of the common ones being:

An experienced legal team such as the Mark Schiffrin P.A. can help you with the determination of what types of monetary damages you are entitled to for your injuries. You need to hire a proper law firm to get a proper estimate. A law firm involves many accident injury attorneys who get to work together on your issue. The legal team makes sure to obtain all the valuable details about your accident. They focus on all the paperwork related to your injuries. They might also assign an investigator to your case to obtain crucial evidence.

The injured people in accidents and the family members or loved ones of those killed in them are entitled to compensation of many types. There are many factors that determine the worth of your legal claim. Such power factors include:

When you consider filing a personal injury lawsuit over a car accident, slip and fall, or any other kind of injury, you might wonder as to what should be the ideal worth of your case. The first thing that comes to your mind is the extremity of the damages caused. It mainly involves what your injuries have cost you monetarily, physically, and mentally.

In general, in any personal injury case, money damages are paid to an injured person called the plaintiff. It is paid by the person or company who is found to be legally responsible for the accident called the defendant. It might even be paid by the insurer, as per the nature of the case. After a properly negotiated settlement, a damage award can be agreed upon.

A majority of the personal injury damages are classified as “compensatory”. It means that they are intended to compensate the injured plaintiff for what was lost due to the accident or injury. A compensatory damages award is one that is meant to make the injured plaintiff “whole” again from a monetary standpoint.

There are a few compensatory damages that are relatively easy to quantify. These include reimbursement for property damage and medical bills. However, it is harder to analyze value associated to pain and suffering or the inability to enjoy hobbies due to physical limitations caused by lingering accident-related injuries.

Here is a list of different types of compensatory damages that are common in many personal injury cases:

Medical treatment

A personal injury damages award comprises of the cost of medical care associated with the accident. It involves the reimbursement for the treatment you’ve already received and compensation for the estimated cost of medical care you’ll need in the future because of the accident.

Income

You might claim for a compensation associated with the accident’s impact on your salary and wages. It is not just income that you have already lost but also the money you would have been able to make in the future. In case of personal injury, a damage award based on future income is categorized as compensation for an accident victim’s loss of earning capacity.

In order to determine what your car accident claim is worth, you ought to have all the facts of the case. Liability is established from the investigation. Your medical treatments are checked. All of your current and future medical needs are taken into account. You might need to consult with an economist who will look at the total financial impact your injuries will cause you and your family over the rest of your lifetime. He or she might also examine the insurance premiums of the at-fault party.

However, figuring out whether an insurance company is offering you a fair compensation amount is very difficult indeed. You need to have an experienced personal injury attorney in Florida such as the Mark Schiffrin P.A. to advise you and your family throughout the legal process.

In case the amount of money you receive from your accident claim was determined by the insurance company, there would be less or no opportunity for you and your family to plead your case.

If you do not hire an experienced auto accident layer to represent you and your family, the insurance company will take the advantage of the situation. They shall be able to create their own set of merits that might severely affect your ability to receive the full compensation you rightfully deserve for this accident.

Most of the well-reputed Florida Law firms offer a free case evaluation. They let you know shortly if you have a case. They make sure to provide you with the best possible plan for proceeding with your injury claim, and understand what your expectations should be for the compensation you should receive for the accident.

A professional lawyer always helps you showcase the true extent of your damages. The law firm strives to make sure that you get the full compensation you deserve. They also make sure to document the psychological toll that was created by the accident. So, hiring the right attorney is a crucial step and you need to be fully cautious while selecting your lawyer.