How much is a personal injury case worth?

| Oct 1, 2020 | Personal injury

There are no guarantees regarding the value of a personal injury lawsuit. The process of finding out, however, starts with the conclusion of the injured’s medical treatment. Only then will an attorney have an idea of how the victim’s life will look moving forward after the injury. Victims are entitled to recover monetary compensation for expenses and losses caused by the injury.

Issues that influence the amount of damages

Different kinds of injuries result in varying amounts of financial compensation. Judges, attorneys and insurance companies weigh the following and other factors when determining an amount of payment that a bodily injury is worth.

  • Medical expenses: Insurance may pay for part of the medical care. Still, generally, this involves the cost of diagnosing and treating injuries in the hospital and ongoing therapy or care at home.
  • Loss of pay: Severe injuries can mean months or years of recovery, so it is difficult to work or be available for employment opportunities. Future earnings potential are also weighed if the injury involves amputation, a mental disorder or other permanent debilities.
  • Pain and suffering: Unlike many states, Connecticut has no cap on the amount of compensation a victim can receive for this. This can involve fear, shock, nervousness, worry, grief, and other mental issues.
  • Loss of a spouse’s consortium: This refers to future challenges the victim would have in conducting typical actions and activities with a spouse.
  • Other unique factors: These include losses or expenses specific to the injury, such as outfitting a car or home for a disabled person, or travel expenses to see specialists.

It’s best to discuss the injury with a lawyer

Personal injury claims can be worth nothing or millions. The best way to determine a likely amount is to discuss the matter with personal injury attorneys with experience practicing in Connecticut. They can weigh the above factors (and others) and apply them to the specifics of the victim’s case.