What Determines the Value of a Personal Injury Claim?

There’s no way you’re going to get through life without suffering some types of injuries. Luckily, many people don’t have to deal with serious issues. The minor bumps and bruises you encounter won’t have much of an effect on your daily life. However, when an injury becomes more severe, the consequences can be disastrous—physically, emotionally and financially. If you decide to file a personal injury lawsuit, you’ll be eager to find out what your settlement might. This depends on various factors.

The Severity

Car accidents, slip and fall accidents, dog bites and workplace accidents are among the most common types of injury cases that attorneys see. A variety of injuries can result, each with different impact levels. The more serious the injuries are, the larger the settlement will be. In an insurance settlement, companies usually total all the victim’s medical bills and multiple those by a specific factor. That factor may be 1.5 for moderate injuries and up to five for the most severe. A severe injury would be one that requires extensive treatment and rehabilitation. Examples include internal damage, head and neck injuries, and fractures.

The Permanence 

You may be able to overcome even serious injuries. With competent medical professionals treating you and getting you through rehab, you might be able to resume your normal routine within several weeks or months. However, with some injuries, you may have a long road to recovery. It could be years before you can get back to work or enjoy your favorite activities. Some accident victims are permanently impaired. Insurance companies and courts will look at how long-lasting your injuries are. In some situations, you may be entitled to payment for future lost wages and earning abilities.

The Other Party’s Negligence

Not every accident and injury warrants a lawsuit. However, when the other person purposely hurt you, taking legal action is probably the right decision. Your attorney will work to determine the level of pain and suffering you have endured because of this ordeal. When the other party was acting with malice, you may be entitled to a larger settlement.

Your Responsibilities

Immediately after your accident, you should alert the proper authorities. This means informing your manager of a workplace injury or calling the police after a car accident. Make sure you file an insurance claim right away too. You should also seek medical care as soon as possible.By filing a personal injury lawsuit, you can get the financial help you need to pay your medical bills and recover. Your personal injury lawyer in Pasco, WA, like from Telare Law, will have your interests at heart.