If you are suing for damages after an accident, you’re probably wondering just how much your claim is worth. This can be difficult to calculate on your own. A Monmouth County medical malpractice lawyer can take a look at your case and help you calculate fair compensation. Then they can help you negotiate with insurers and hold any negligent parties accountable for the harm that they have caused.
Do More Severe Injuries Make a Claim Worth More?
The severity of the injuries is one of the main factors affecting the value of your claim. The worse your injuries are, the more compensation you can push for. Not only do more severe injuries result in higher medical expenses, but there are also other considerations to make when evaluating the injuries of an accident victim. You have to think about:
- Whether the injured party will continue to need treatments
- How expensive future treatments will be
- Whether the injured party can continue to work in the same capacity as before
- Whether an injured party is going to need to make permanent life changes due to their injuries
The current and future costs for an accident victim need to be addressed when compensation is paid out, so a claim from someone with more severe or life-changing injuries is likely to be worth more than a claim from someone who will make a relatively quick recovery.
Will My Claim Be Worth More If I Go to Trial?
It could be, but you could also end up getting less than you would have settled for. That’s just how things go. If you have a lot of evidence and the other side does not seem to want to negotiate in good faith, it may be worthwhile to take your claim to court. Just be aware that losing and getting absolutely nothing is a possibility.
Can I Win Punitive Damages?
You could. Punitive damages are awarded when the behavior of the defendant is particularly dangerous, belligerent, or egregious. A company that knowingly puts out dangerous products might be hit with punitive damages, for example. These can increase the value of a settlement, but New Jersey does place a cap on them.
Can a Lawyer Tell Me How Much a Claim is Worth?
Your lawyer can help you more effectively calculate the potential value of your personal injury claim. They know more about these kinds of cases and what kinds of compensation they can bring in. They can also assist you with other aspects of your case, like gathering evidence and defending you against accusations of wrongdoing.
Schedule a Case Consultation
So don’t fight for fair compensation on your own. Contact Falcon Law Firm and ask to schedule a consultation with our team. We are ready to assist you with your personal injury claim.
