Personal injury claims can be pretty confusing. Many factors go into calculating the value of your claim, and it is often difficult to determine what you should do next when injured in an accident.
People living in Idaho can contact Idaho Personal Injury Lawyers for any personal injury claims and compensation questions. This article will highlight what determines how much money you could receive in compensation from an insurance company or other party after sustaining a personal injury.
Severity of Injuries
The more severe an injury or group of injuries, the higher the settlement amount made. It includes things like broken bones, significant scarring from accident-related burns, or any other injuries that affect your ability to work and function normally. This also applies if you must seek medical attention for an extended period due to the accident.
If you are injured severely in a car crash caused by another negligent driver, then your claim will be higher than someone who suffered injuries that are not as severe.
Amount of Time Lost from Work
If you miss work due to the accident, this will also affect how much your claim settlement is worth. It can also include loss of future revenue, such as if you tend bar and must miss work while recovering from an injury that affects your ability to lift heavy objects or stand for long periods.
This is one reason why it is vital to keep track of the amount of money you spend on medical bills due to the accident and your estimated income loss over time.
Amount of Money You Have Spent Due to the Accident
Keeping track of all expenses related directly to the accident can also be helpful when determining how much your claim should be worth. This includes any costs that you may have related to:
- Medical bills,
- Property damages and loss of value
- Transportation costs include taking a taxi instead of driving yourself due to injuries sustained in the crash.
If possible, it is best to keep accurate records of all expenses. It helps you determine how much your claim settlement should be worth if you go through with filing a personal injury lawsuit.
Amount You Would Need for Future Medical Care or Property Damage Repairs
It may be challenging to estimate; make an educated guess based on your expected lifestyle following this type of injury.
This also applies if there is a possibility that you might need additional surgery due to the injuries that you sustained in the accident. For example, hip replacement surgery.
It is essential to keep accurate records of all expenses related to the accident, from medical bills and transportation costs to property damage repairs. These documents help you determine how much your claim settlement should be worth if you file a personal injury lawsuit against the at-fault party.
Additionally, it would be best to seek legal advice from an experienced personal injury attorney to ensure that you are filing the claim in the most effective manner possible.