How Much Is My Personal Injury Case Worth: Ask a Personal Injury Lawyer
“How much is my personal injury case worth?” is a common question among the injured.
This comprehensive guide will help you better understand the factors that may influence the value of your personal injury claim.
How Much Is My Personal Injury Case Worth?
One of the most common inquiries we get as personal injury lawyers at The Orlando Firm is about the worth of one’s personal injury claim. Whether you have been involved in a medical malpractice situation or a car accident, it is not easy to determine the value of a claim until the case has been investigated.
Since personal injury is our primary practice area, we are honest and have the experience to tell you that providing an exact value during initial consultations is next to impossible.
Attorneys and claims adjusters must do a lot of work to determine what a personal injury case is worth. Moreover, certain things need to be done before the determination is done, which include the following:
- You have to complete medical treatment.
- There must be documentation proving damages.
- A doctor needs to determine if you sustained permanent impairments or disabilities.
- The attorney needs to determine insurance coverage and potentially liable parties.
- There must be an investigation to determine liability and fault in light of applicable laws and evidence.
For this reason, it is crucial to work with an experienced personal injury attorney to provide legal advice on how to go forward. At The Orlando Firm, we have professional lawyers that know how to value personal injury claims and negotiate with the negligent party to ensure you get what you deserve.
How Much Is My Personal Injury Claim Worth?
How much your claim is worth usually has to do with the injured plaintiff’s damages.
Damages typically refer to the pain and suffering and financial losses that result from an injury or accident. For instance, a slip and fall accident might result in physical damages, including broken bones or a brain injury. It might also include permanent impairments and physical pain as a result of the injury.
Financial losses might include costs or expenses that an injured person must incur after an injury or accident. This might include anything from past medical bills to physical therapy and costs related to ongoing medical care.
Emotional distress can include post-traumatic stress disorder, anxiety, and depression. Given that the courts can’t restore one to their health before the accident, the remedy is to award damages as compensation.
Still, it can be difficult to calculate damages, so hiring a reputable personal injury lawyer is essential. If you have been involved in a car accident and have lost earning capacity or need to pay for ongoing treatment, you need to contact The Orlando Firm. We provide a free consultation for prospective clients and can help you navigate the legal process for favorable outcomes.
How Much Is My Personal Injury Lawsuit Worth: Factors to Take into Account
Many factors affect how much your personal injury claim is worth. For instance, there could be elements of contributory negligence if you are found at fault for your motor vehicle or pedestrian accident. This could significantly reduce the amount of compensation that you would be owed.
On the other hand, accident victims that sustain severe injuries can see significant increases in the value of their claims, especially if the accident occurred with no fault on their part. Permanent disabilities and impairments also increase the value of a claim by a lot.
Other factors that may affect the worth of your personal injury claim include the following:
- The number of third parties involved
- The sum of financial damages the accident victim has incurred
- The duration of recovery and ongoing medical expenses
- Health insurance coverage and policy limits
- The injured person’s role in the accident
- The type of personal injury case filed
Since insurance companies operate to make a profit, they will do everything to reduce the amount of compensation in your claim. By having a personal injury lawyer fighting for you, the health insurance company will more likely than not offer the actual value of the damages.
At The Orlando Firm, we provide a free case evaluation for prospective clients, so accident victims can concentrate on getting better while we work for them. Contact us today for your free consultation and a qualified personal injury attorney will review your case and determine the best way forward.
OBTAINING
FULL COMPENSATION
We go beyond calculating damages to ensure you receive all rightful compensation, including for intangible losses like pain and suffering. Many are unaware of their full rights, and we help maximize your claims.
(404) 373-1800
Personal Injury Settlement Amounts Examples
Given that the insurance company can sometimes offer a personal injury settlement, it is difficult to determine what a case is worth.
It is important to note that not all cases go to court, and either party can offer a settlement to resolve the issue rather than going through the legal process.
The good thing is that by hiring an experienced personal injury law firm, you get access to knowledge and experience accumulated over the years in countless cases just like yours.
At The Orlando Law firm, we have lawyers who understand the court process, negotiation, and settlement. We believe in just compensation for our clients and will fight to get you the most favorable compensation to ensure you restore your life to normal as much as possible.
Hiring The Orlando Firm can provide several benefits:
ACCURATELY ACCOUNTING
FOR DAMAGES
We ensure all damages, including bodily injuries, current and future medical expenses, and property damage, are thoroughly accounted for, preventing unnecessary additional costs due to someone else’s negligence.
STANDING FOR
YOU IN COURT
Representing yourself in court can be risky. We recommend professional legal representation for car accident cases to secure the best outcomes.
OBTAINING FULL
COMPENSATION
We go beyond calculating damages to ensure you receive all rightful compensation, including for intangible losses like pain and suffering. Many are unaware of their full rights, and we help maximize your claims.
PROVIDING COMPETENT
LEGAL ADVICE
Our professional legal advice helps avoid costly mistakes such as missing filing deadlines, ensuring you receive potential compensation.
Personal Injury Settlement Amounts Examples
Even though most personal injury cases can get awarded damages of anywhere between $3,000-$75,000, you need to know how much your personal injury case is worth will depend on the facts of the case and the associated evidence.
By hiring a personal injury law firm, clients improve their chances of getting the best compensation they can. However, how much you can get will still depend on how severe your injuries are. Medical bills, medical documentation, doctor recommendations on future medical treatment, time lost from work, and other expenses can all come into play.
Some examples of personal injury settlement awards include:
- $800,000 for food poisoning
- $145,000 for a hit-and-run accident
- $200,000 for a golf cart accident
- $225,000 for a bicycle vs. car accident
- $500,000 for a car accident
- $11.7 million for a wrongful death traffic case
- $1.25 million for a severe car accident
- $1.8 million for negligent security
The price of settlements can be in the hundreds of thousands and even in the millions depending on the circumstances and facts of the case. By working with a law firm narrowly focusing on this type of case, you stand a good chance of getting a reasonable settlement. Contact the best catastrophic injury attorneys today as we have helped many clients with their cases and gotten them significant settlements.
Personal Injury Claim Value Calculator
There are various calculators online that you can use to determine a reasonable payment for a slip and fall, car accident, or any other type of personal injury case. There are two common approaches to calculating these claims:
- The multiplier approach – used by insurance companies for grievous injuries that require special damages.
- Daily rate – Otherwise known as per diem
The multiplier approach
How high the multiplier can go will be dependent on:
- The seriousness of your injuries
- Negligence rules and apportionment of fault
- The expected recovery times
- Whether you will have ongoing complications
- Impact of injuries on your daily life
- The prognosis and diagnosis
- The documentation of your injuries by medical professionals
Given that Georgia is a comparative negligence state, you may be barred from getting damages if it is proved that you were more than 50% at fault for your injuries. Most insurance companies use this to calculate damages.
Daily rate or per diem
Under this methodology, you will be granted damages for every day of suffering and pain from your injuries. Juries usually make use of their best judgment in awarding this type of damages, and hence it is crucial to provide the victims pay rate. However, this cannot be practical for long-term injuries, so the lawyer will have to argue that living with pain is worth what you would make in your typical working day.
There are several online calculators that you can use to calculate your total settlement estimates that usually spit out figures that can be classified into either economic or non-economic losses.
An insurance adjuster will usually add general damages and special damages to a dollar value that will then be presented to the victim.
Our Proven Process for Winning Car Accident Cases
Step 1
Initial Consultation
& Case Review
We begin by reviewing your case and gathering key information. This includes collecting records related to property damage, medical expenses, and insurance coverage. This allows us to fully assess the extent of your injuries and understand the impact on your life.
Step 2
Evidence Collection
& Investigation
Next, we conduct a thorough investigation of the accident. We gather critical evidence, including dash-cam footage, security videos, eyewitness testimonies, and police reports, to build a strong case. This process helps us prove fault, whether it involves distracted driving, drunk driving, speeding, or other traffic violations.
Step 3
Dealing with
Insurance Companies
We handle all communications with the at-fault driver’s insurance company to protect you from adjusters who may attempt to undervalue your claim. Our experienced team knows their tactics and ensures they don’t compel you into accepting a low settlement offer that doesn’t cover your losses.
Step 4
Settlement
Negotiations
Once the evidence is gathered and reviewed, we engage in aggressive settlement negotiations. Our goal is to secure compensation that covers your medical bills, lost wages, and other damages. We fight to ensure you receive fair compensation, not just what the insurance company wants to pay.
Step 5
Trial-Ready
Advocacy
Next, we conduct a thorough investigation of the accident. We gather critical evidence, including dash-cam footage, security videos, eyewitness testimonies, and police reports, to build a strong case. This process helps us prove fault, whether it involves distracted driving, drunk driving, speeding, or other traffic violations.
Step 6
Continuous
Client Support
Throughout the entire process, we provide ongoing support and communication, keeping you informed at every stage. We handle the legal complexities so you can focus on recovery.
How to Value a Personal Injury Case
In Georgia, there are three types of damages available to accident victims. These include:
- Economic damages
- Non-economic damages
- Punitive damages
Economic damages
These are easily quantifiable, including special or economic damages that may include medical bills, lost property or property damage, physical discomfort, lost income, and other expenses resulting from an injury.
To get the best outcomes, it is critical to have all the medical records as the attorney can use them to work out and argue for damages in mediation or court. These calculations should also include calculations of lost wages at present and future rates, particularly if your ability to work has been compromised. You should also add in future medical expenses if you have chronic injuries.
Non-economic damages
It is more challenging to calculate non-economic damages given that it includes subjective concepts such as ongoing pain, loss of consortium, pain and suffering, loss of enjoyment and stress, anxiety, and pain and suffering damages.
For this reason, you can expect wildly differing awards by juries as everyone has their idea of the worth of the damage to someone. The typical approach to estimating the worth for non-economic damages is to average the numbers from different cases with similar circumstances.
Punitive damages in Georgia
These are damages intended to punish defendants for reckless or egregious conduct. In Georgia, these are typically capped at $250,000 except when the defendant was under the influence of mind-altering substances or acted intentionally.
Note that punitive damages are rare and are usually not meant to compensate the victim even if they need to be demanded in the initial claim.
How Much Is My Personal Injury Lawsuit Worth: Factors to Take into Account
Many factors affect how much your personal injury claim is worth. For instance, there could be elements of contributory negligence if you are found at fault for your motor vehicle or pedestrian accident. This could significantly reduce the amount of compensation that you would be owed.
On the other hand, accident victims that sustain severe injuries can see significant increases in the value of their claims, especially if the accident occurred with no fault on their part. Permanent disabilities and impairments also increase the value of a claim by a lot.
Other factors that may affect the worth of your personal injury claim include the following:
- The number of third parties involved
- The sum of financial damages the accident victim has incurred
- The duration of recovery and ongoing medical expenses
- Health insurance coverage and policy limits
- The injured person’s role in the accident
- The type of personal injury case filed
Since insurance companies operate to make a profit, they will do everything to reduce the amount of compensation in your claim. By having a personal injury lawyer fighting for you, the health insurance company will more likely than not offer the actual value of the damages.
At The Orlando Firm, we provide a free case evaluation for prospective clients, so accident victims can concentrate on getting better while we work for them. Contact us today for your free consultation and a qualified personal injury attorney will review your case and determine the best way forward.
Atlanta Car Accident Attorneys Can Help
Your Atlanta car accident cases attorney will try to prove the opposing party’s negligent behavior. Throughout this process, your lawyer may investigate if the helmet was maintained properly and review the company’s logbooks to make sure federal and Georgia state helmet laws were followed.
Your legal representative may also review the drivers’ credentials.
INJURED? DON'T SETTLE FOR LESS.
GET THE COMPENSATION YOU DESERVE.
Retain the best car accident lawyers in Atlanta to ensure maximum compensation.
Our attorneys use their extensive experience to represent individuals suffering catastrophic injuries from careless drivers.
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Please call us for a free consultation at 404-373-1800 or toll-free at 1-866-373-1800. While we cannot guarantee the outcome of your car accident case, we promise to provide you with legal representation aimed at helping you through a difficult and painful time of your life. We will do our best to make sure that you make the recovery to which you are entitled. Keep in mind that there may be time limits on filing your claim, so it is important to seek legal counsel as soon as you are able.
Always remember, if we don’t win your case, you pay us nothing. Contact The ORLANDO Firm today to determine if you have a viable case.
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