Every personal injury claim comes with underlying circumstances and facts that affect its value. Placing a specific amount on an injury claim is not possible. But your Louisville Personal Injury Lawyer can review your case’s facts and offer an estimate of the compensation amount should you prevail in your injury claim. The following are factors that can impact your claim’s value:
The Seriousness of the Injuries You Sustained
Typically, more serious injuries warrant more compensation than minor injuries. For instance, while a broken leg is painful, recovery from this injury is possible within a few months following the removal of a brace or cast. Conversely, a broken angle may leave you with long-term complications and require reconstructive surgery.
In addition, more serious injuries increase a claim’s value since they are costlier. Usually, they require surgery, which includes hospitalization expenses and the expenses for the surgical team.
The Nature of Your Injuries
Your personal injury claim’s value can also be affected by the nature of your injuries. Some injuries have additional emotional and physical challenges that can result in negative emotions such as embarrassment and frustration. For instance, a permanent visible scar that resulted from burns or cuts sustained in a car accident may deserve more compensation than injuries that do not cause permanent scarring.
Your Long-Term Prognosis
With a minor injury, you may be able to make full recovery. But this may not be the case if you suffered a serious or catastrophic injury. Injuries such as traumatic brain injuries and spinal cord injuries can have lifelong complications. Your attorney will work with your treating doctor to know more about your long-term prognosis and consider this when determining the value of your claim.
Your Economic Losses
After sustaining injuries in an accident caused by somebody else’s negligence, you and your family can face economic losses. These losses are quantifiable and increase your injury claims’ value. They can include medical expenses, rehab costs, lost wages, and replacement services costs.
The Impact of Your Injuries on Your Life
Your claim can include compensation for your non-economic losses. These losses refer to the effects of your injury on your emotional and physical health. They include pain and suffering, loss of consortium, and reduced quality of life. Usually, people who sustained significant injuries have greater non-economic losses, which increases the value of their personal injury claim. Your attorney knows how to assign a dollar value to these losses.
