People who consider filing a personal injury claim after an accident often wonder “How much is my claim worth?” Unfortunately, it’s not possible to predict the exact amount your claim will be worth, or even whether your claim will be successful.
A successful claim depends largely on the nature of your injuries and whether the accused party’s negligence can be linked to their causation. If you win your claim, the amount of compensation you receive will be largely based on the amount of damages you incurred from the accident.
What are damages?
Damages in a personal injury case refer to what your injuries have cost you physically, mentally, and monetarily. Most successful personal injury claims reward plaintiffs with “compensatory damages” intended to compensate the injured party for their losses. While certain damages like hospital bills are easily calculated, other damages are much more difficult and require the help of specialists and professionals to determine the amount a claim is worth.
Below is a list of some of the most common damages sought after in personal injury claims:
- Medical bills. A personal injury reward will pay for any medical care you’ve received as well as compensation for the estimated cost of future care that you might need. This may include diagnostic tests, hospital stays, doctor visits and more.
- Property. If property was damaged or destroyed in an accident, the plaintiff can be awarded compensation for the cost of the damages.
- Lost wages. If a person is forced to miss work because of injuries they suffered in an accident, they can be compensated for their lost wages. If the injury is so severe they will never work again, they can be compensated for lost future wages.
- Mental and emotional. While psychological issues are more difficult to calculate monetarily, compensation for pain and suffering, as well as emotional distress like anxiety, confusion, and depression can be awarded in a personal injury claim.
To get a general idea of what your claim may cost, most insurance companies add up the calculable economic damages you’ve incurred (such as medical bills) and multiply it by a number between 1.5 – 5, depending on the seriousness of your pain and suffering.
Contact a Yonkers personal injury attorney
At Sayegh and Sayegh, we have years of experience fighting for the rights of our clients to receive fair compensation for their injuries and suffering. We understand how stressful it can be to suffer a serious injury and immediately afterward be thrown into the legal system. That’s why we do our best to take the pressure off our clients as we fight for their rights. If you or a loved one has been injured and are considering filing a personal injury claim in the Yonkers, NY area, contact our firm online to schedule a consultation or call (914) 968-5800 today to speak with a personal injury lawyer in Yonkers.