How Much is My Serious Injury Claim Worth?
We hope you never suffer a serious injury in an accident. If you do, though, the serious injury attorneys at John Mobley Law Firm will fight to get you the compensation you deserve. When we start on a claim, many people want to know, “How much is my serious injury case worth?” That’s a great question, but the answer isn’t simple. We can never guarantee a specific amount, mostly because every case is different. There also are a lot of factors that go into determining how much a case is worth. Here’s what you need to know.
If you have been injured because of someone else’s negligence or recklessness, the John Mobley Law Firm will gladly help you file a serious injury claim to be compensated for:
- Outstanding medical bills
- Future medical expenses
- Wages lost while out of work recovering from your injuries
- Potential loss of income in the future
- Pain and suffering
- Emotional distress
- Property destruction or damage
How much money you receive for your injuries depends on several factors, including whether you were partially at fault.
When you file a claim, compensation usually comes from the at-fault party’s insurance. Here’s how the insurance company decides how much to pay:
- They compile a list of economic damages (medical costs, lost income, etc.).
- Using a damages formula, they put a value on non-economic damages (pain and suffering, mental anguish, loss of consortium).
- Non-economic damages are determined by multiplying the total economic damages by a number based on the severity of your injuries (the worse the injury, the bigger the number).
- If the insurance adjuster thinks you were partially responsible for the accident, your compensation will be reduced by the percentage of fault. For example, if your total damages are $100,000 and you were 30 percent at fault, the insurance company will offer you $70,000.
Just because an insurance company offers you a settlement, it does not mean that is all they will pay; it is a good starting point for negotiations. Keep in mind that insurance companies want to pay out as little as possible. They also want to avoid going to court, so it is essential to have the John Mobley Law Firm on your side. Your attorneys will negotiate for the largest compensation available – or they will fight for you in court.
If you have suffered a serious injury because of someone else’s negligence or recklessness, contact the John Mobley Law Firm today for a free initial consultation.