How Is Case Value Calculated After A Car Accident?

If you are dealing with the aftermath of a car accident, you may already know how the accident has affected your life. A personal injury lawyer will help you add up your damages and negotiate with the other side to get you paid what you deserve. In the meantime, read below to learn more about what goes into a case value calculation so you will have an idea of what to expect. 

Factors that Makeup Case Value

Several factors go into determining the value of a car accident case. Some of the factors that are commonly considered include:

Liability: The degree of fault or liability of the parties involved in the accident is considered when determining the value of the case. If you are partially at fault, it will decrease your compensation by a great deal. 

The severity of the injuries: The extent and severity of the injuries sustained by the victim in the car accident can have a significant impact on the value of the case. Many accidents cause untold suffering, hospitalizations, and surgery. However, relatively minor injuries can result in a lot of pain and suffering. In general, you are entitled to be paid for all of your medical expenses, from the ambulance service to physical therapy and medications. 

Long-term Injuries: Severe injuries that result in disability or require long-term medical care will generally result in higher compensation. Make sure that you consult with your doctor and have an estimate of what surgeries or other medical treatments are needed in the future. This is known as future medical treatment expenses. 

Lost income: If you are unable to work due to the injuries sustained in the accident, you may be entitled to compensation for lost income. Your personal injury lawyer will ask you to provide a list of all time missed from work along with proof of your income. That might consist of a pay statement, a bank statement showing deposits, or a recent income tax return. 

Property damage: The cost of repairing or replacing the damaged vehicle is also a factor in determining the value of the case. 

Pain and suffering: The physical and emotional pain and suffering experienced by the victim due to the accident can also be factored into compensation.

Jurisdiction: The laws of the jurisdiction where the accident occurred may also have an impact on the value of the case.

It's essential to consult with an experienced personal injury lawyer who can evaluate the specific details of your case and help you determine the value of your car accident case.

To get started, contact a personal injury lawyer in your area.