Thursday, March 28, 2019

Damages: How Much Is a Personal Injury Case Worth?

If you’ve been involved in an accident and ended up with injuries, your first thought might be that you should file a personal injury case. However, as there are many things to take into consideration, you may be asking how much your injury case is worth.

Usually, there’s no definitive answer to this question. It all comes down to the amount of money your damages will cost you, as well as the physical and mental burden inflicted by the accident. This is why talking to a personal injury lawyer is important.

In this article, you will read about the types of damages that are involved in various cases.

What Are the Compensatory Damages in a Lawsuit?

During an accident, you get damages that you are being compensated for during a personal injury case. Basically, you will receive money according to the losses you’ve suffered because of the incident.

Usually, you will receive compensation for things such as medical bills, property damages and anything of the sort. However, not all damages are a piece of cake when it comes to monetizing, because compensating for suffering and pain can be very hard. So, here is a list of compensatory damages during a lawsuit:

  • Loss of Property

For example, when you’re involved in a road accident, your car or motorcycle, as well as any other personal objects will be damaged. So, in a lawsuit, you will be deemed entitled to receive compensation for losing an important belonging, as payment for the reparations.

If your belonging has been too damaged to be repaired, then your compensation will be at market value, so you can get a replacement.

  • Medical Treatment

Obviously, you can get seriously injured during an accident, and you will have to pay for medication. Compensation includes payment for your already existing treatment, as well as future treatment.

  • Emotional Distress

Besides physical injuries and pain that result from an accident, you will also be emotionally affected. In other words, you might suffer from depression, anxiety, PTSD or anything similar. In this case, you might receive compensation for the psychological distress resulted from an accident.

  • Loss of Enjoyment

In case the injuries and pain resulted from the accident won’t allow you to engage in activities you enjoyed before it happened, you might receive money as compensation.

  • Suffering and Pain

Obviously, if you’ve been injured, you will be in pain. It’s really hard to give a specific sum for this, but it is possible to be offered compensation for the pain suffered during and after the occurrence of the accident.

How Is Compensation Being Offered?

First of all, an injury case takes place. Once it’s over and everything has been settled, the compensation is being paid to the people who have suffered from the accident and have opened the case. Compensation is being given by those responsible for the accident and the damage associated with it.

After the settling of the case, there will be a negotiation taking place where the parties, attorneys and insurance companies decide upon the sum. Depending on the situation, the money can be paid by the guilty one or by their insurance company.

Before opening a personal injury case, it’s better to know what it involves to have an insight into the compensation you might receive. Hopefully, this article was helpful in that regard.



from Feedster https://www.feedster.com/law-and-order/damages-how-much-is-a-personal-injury-case-worth/

No comments:

Post a Comment