If you’ve been injured in a car accident, you’re likely wondering, “how much is my claim worth?” That’s normal. People are usually curious about how much compensation they can anticipate. It’s also a very important question when considering a lawsuit. While there are some factors that can help you estimate the value of your case, the truth is that no two cases are ever the same. There are various factors that affect the value of your claim. The sure way to determine how much your accident claim could be worth is to speak to a personal injury law firm that can evaluate your specific situation.
Who is Liable for Damages?
Ultimately, the party responsible for your accident is responsible for paying damages, usually through an insurance provider. It must be evident that the at-fault party acted in a way that was negligent or reckless and caused you harm. If there is no dispute as to the fault of the accident, the only thing in question will be the amount of damages to be paid. That said, most cases don’t involve admitted liability. Establishing liability is a key aspect of valuing a personal injury claim. The more clearly liability can be proven, the stronger the claim. Since this is such a crucial aspect of determining recovery amounts, working with a personal injury law office with experience investigating claims and proving liability will almost always result in a more favorable outcome for the victim.
What Types of Compensation are Available?
After a car accident, there are various types of compensation you can receive. These are called damages. Damages are essentially the losses and harm you’ve suffered as the result of your accident, broken down into a dollar amount. Damages are divided into two categories called non-economic damages and economic damages. Economic damages include, but are not limited to, medical bills, lost wages, property damage, and loss of future earning capacity. Non-economic damages refer to things like pain and suffering, loss of quality of life, and emotional distress. Your personal injury law office will be able to analyze your case and determine what types of damages you may be owed.
How Can a Personal Injury Law Firm Help Me?
Sadly, insurance companies do not have your best interest in mind. These companies are 100% focused on profit, and that means paying out as little as possible. As soon as an insurance company is notified of an accident, they will start working with a major legal team to strategize the best way to devalue your claim. Without the help of a seasoned attorney who can stand up to these companies, you are at their mercy. When you work with a personal injury law firm like ours, which has a history of winning, you immediately increase your chances of receiving the full value of your claim.