How to Calculate a Personal Injury Settlement
Establishing the value of a personal injury claim can be a complex process. While some areas your injuries affect will be simple to compute, others are much more challenging to quantify. If you are prepared to move forward with your claim but would like to know more about how we determine what you can expect in terms of compensation, read on.
When your injury has put you out of work, you are entitled to recover the wages you’ve lost, as well as any damage to your future earning potential. The liable party will also be responsible for covering the costs of any expenses that pertain to your injury. Hospital bills, prescription medication costs, medical equipment, and transportation costs are all recoverable.
Impact on Your Lifestyle
Apart from financial losses, you should be able to receive compensation for the damage done to other aspects of your life. This could include the impact on activities you are no longer able to enjoy, the relationships that have been negatively affected by your injuries, your pain and suffering, and the mental anguish you’ve endured.
In severe cases, when a court determines that the behavior of the negligent entity is particularly reprehensible, you could be awarded punitive damages. These are designed to punish the wrongdoer and hopefully prevent similar instances from occurring. If you are awarded punitive damages, the amount you are awarded will likely be significantly higher than the economic value of your losses.
Connect with a Los Angeles Personal Injury Lawyer
Have you suffered an injury in an accident caused by the carelessness of another person? If you are considering filing a personal injury claim to obtain the compensation you are entitled to but aren’t sure what your claim could be worth, reach out to a qualified Los Angeles personal injury lawyer at today.
We can schedule a no-obligation consultation if you simply fill out the contact form below or give us a call at 1-844-HAFFNER (423-3637).