Getting injured due to someone else’s fault can be a frustrating and hurtful experience. Not only do you have to deal with the pain and discomfort that comes with the injury, but there is also the added stress and financial burdens that usually accompany such an unfortunate event. In situations like these, it’s essential to understand your legal rights and determine what your personal injury claim is worth. In this post, we will discuss the five key factors that determine the value of your personal injury claim.
The Severity of Your Injury
One significant factor that determines the value of your personal injury claim is the severity of your injury. Generally speaking, the more severe your injury, the more your case would be worth. You can seek compensation for all sorts of injuries, including physical injuries, psychological harm, and emotional trauma. In some cases, a personal injury claim could also cover lost wages, medical expenses, and other monetary damages.
The Liability of the Other Party
Another significant factor that influences the value of your personal injury claim is the liability of the other party. If the other party is 100% responsible for your injuries, your case would have higher worth. On the other hand, if they can prove you were partly responsible for the damages, the amount you’d receive would be significantly less. It’s essential to seek the guidance of an experienced personal injury attorney to determine fault and liability.
Insurance Limits
Another critical factor to consider when determining the value of your personal injury claim is the available insurance limits. With most personal injury cases, your compensation would come from the other party’s insurance provider. If the other party is underinsured, or if their insurance policy has a low limit, the amount you’ll receive would be reduced. An experienced personal injury attorney can help you navigate the legal process and maximize your compensation.
The Effect of the Injury on Your Life
Beyond the immediate physical effects of your injury, you may also be facing long-lasting and life-altering consequences. For example, if your injury has left you permanently disabled or with a reduced quality of life, you’d be entitled to receive more money. Similarly, if the injury has forced you to quit your job or change careers, you could receive compensation for loss of earning capacity.
The Expertise of Your Personal Injury Lawyer
Finally, the expertise of your personal injury lawyer is a crucial factor that can impact the value of your claim significantly. An experienced attorney would be able to collect evidence, build your case, negotiate with insurance companies and deliver you the compensation you deserve. At the same time, a less experienced attorney may not be familiar with the law and may not be equipped to handle more complex cases.
In conclusion, if you or a loved one suffers from a personal injury caused by someone else’s fault, it’s essential to understand the factors that will determine the value of your claim. An experienced personal injury law firm, like Roebuck Law Firm, can help you navigate the legal system, understand your legal rights, and maximize your compensation. Remember, it’s crucial to consult a professional lawyer who can help you receive the compensation that you deserve. You can schedule a free initial consultation with Roebuck Law Firm by calling or texting: (702) 620-5000.
