The median amount awarded in a car accident. Wrongful death lawsuits tend to have much higher ratings. In addition to the deceased's medical expenses, pain and suffering, and lost wages, survivors can also be harmed. Knowing how personal injury claims are valued can help you better understand the process and why it's so important to have an experienced attorney who knows how to prove negligence. No matter at what stage of the case a settlement is reached in a personal injury case, the function is the same.
Negligence is essentially conduct that falls below the level of care expected of a reasonable person and causes harm to another person. Legal fault or liability for the underlying accident is the key issue in many personal injury claims. When determining the value of a personal injury claim, it's important to understand the various types of damages that may be available. However, since the vast majority of personal injury cases are resolved through settlements rather than lawsuits, it can be essential to know how the settlements are reached and what to expect from them. If you were partially at fault for an accident or your injuries, your damages may be reduced based on your percentage of fault.
The insurance companies on the other side of the table will be represented by attorneys who work around the clock on personal injury cases and personal injury settlements. However, this is just a starting point; you should consider other facts about your accident and your injuries, including the type of injury you have, the degree of invasiveness or length of treatment, or the severity or visibility of the permanent effects of your injury. Its goal is to compensate the injured person for their losses, including medical costs and expenses, lost wages, and pain and suffering. You may know all the details of your injuries as well as anyone else, but there are many factors to consider when negotiating a settlement that may not come to your mind. To obtain a reasonable starting number to negotiate general damages, many insurance companies and attorneys multiply the amount of special medical damages by a factor of 1.5 to 5, depending on the severity of the injuries.
However, if you have an experienced personal injury attorney working on your behalf, the threat of filing a lawsuit can become much more potent.