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12 Factors That Affect The Value Of Your Personal Injury Claim In Florida

by Jan 21, 2021Personal Injury, Auto Accident, Slip and Fall Injury

12 Factors That Affect The Value Of Your Personal Injury Claim In Florida

by Jan 21, 2021Personal Injury, Auto Accident, Slip and Fall Injury

These Factors Can Directly Impact The Value Of Your Personal Injury Claim In Florida When you sustain injuries through another person's fault, you may make an injury claim for compensation. You need to seek legal advice to determine if you have a claim or not. Once you establish you have a viable claim, the next thing you need to know how much compensation you should get. You need to hire a personal injury claim attorney that will help you determine your claim's value. A personal injury attorney understands the law on compensation of victims of accidents. Hiring a personal injury claim attorney will help you gain from their expertise and experience. There are guides and ways that personal injury attorneys use to help individuals determine their injury claims' worth. Below are factors that can impact the value of your injury claim. THE SEVERITY OF YOUR INJURY You'll need to have a proper medical assessment as soon as you sustain injuries in an accident. Get a medical report that outlines all the injuries you may have suffered from the accident. You know the severity of the injuries when you have a proper medical assessment. You are likely to get a higher amount as compensation if you have severe injuries. Having minor injuries will only attract a small compensation award. If you have any injuries, your value of the claim will increase. You need to have medical reports that specify the type of injuries you sustained from the accident. Victims with more permanent injuries will get a higher amount of compensation. UNDERSTAND THE LAW ON COMPENSATION AND VALUE OF YOUR PERSONAL INJURY CLAIM You need to understand the law for specific types of injuries. Every state has different sets of regulations on different types of injuries. Hiring a legal representative will help you have a proper interpretation of the law. You need to understand the law you will use depending on your state. It is important to read and understand the law on victim compensation before you file a legal suit. This will help you determine if you stand a chance of receiving compensation for the injuries. THE SEVERITY OF PROPERTY DAMAGE Personal injury claims include property damage. In cases of vehicle accidents, the property will be the car. You need to factor in the value of your personal injury claim by including the value of the damaged property. Assessment of property will help an individual to prove the value of their claim. THE TOTAL MEDICAL BILLS The amount you spend seeking treatment for the injuries sustained is a key factor to consider. Receiving adequate medical care can be costly. Personal injury victims should be finished with the medical treatment before seeking a determination of their cases. One should seek medical treatment and recover before they pursue a personal injury claim. You need to keep a record of all total medical charges before you agree to any settlement. It would help if you recovered before claiming for compensation to know how much you spent seeking treatment, but this may not always be the case. The medical bills may also include therapy charges for individuals who face trauma. Emotional distress and disturbance will affect the general well-being of a victim after an accident and may require counseling to lead back to a normal everyday life. INSURANCE POLICY LIMITS Insurance carriers tend to settle most personal injury claims. The insurance carrier's total policy limit will play a significant role in the total value of your personal injury claim. Finding out how much the insurance covers in case of an accident will be critical in determining the settlement value of a claim. SHARED FAULT Victims of personal injury accidents may still get compensation despite their partial involvement in a crash. You may still be able to make a claim against or sue the other party involved despite having played a role in the accident. The total amount of compensation you get will be less as per your percentage of fault. This will affect the total amount of a personal injury claim. THE ACCIDENT'S LOCATION The physical location where the accident occurred may affect the value of the claim. Insurance companies will sometimes place the value on a claim based on the county in which the crash occurred. You may get a higher settlement in case of an out-of-court, depending on the county of the crash. The insurance company will usually make this determination based on the kind of trial verdicts juries tend to award in that county. PRECEDENCE IN SIMILAR CASES Many insurance companies will use precedence in awarding compensation. They check their records to determine how much a victim should get. The past trial verdicts on personal injury cases similar to yours can influence the outcome of the case. HANDLING INSURANCE CARRIERS Communication with insurance carriers plays a big role in compensation. Most insurance carriers want to award the least amount as compensation. The personal injury victim must know how to handle insurance carriers to get a higher amount. The injury victim should have legal representation from a lawyer. The lawyer should deal with insurance carriers as they understand the law. The insurance carriers may not shortchange you if you understand the insurance policy. AVAILABLE EVIDENCE If your case goes to trial, the judge will make rulings depending on the evidence available. You need to have enough evidence in your case for you to get a significant amount as compensation. Your lawyer should collect enough evidence to prove you deserve the amount of money for which you are seeking. The evidence should prove the liability of the other party. Having enough evidence for your case will ensure you receive adequate compensation. WAGE LOSS ECONOMIC DAMAGE This is where the victim loses their ability to earn an income. There are cases where a victim cannot work while they recover. In other instances, the victim may be able to work but not the same way they did before the accident. There may be a permanent loss of income due to the victim's incapability to do what they had been doing before the accident. Some accidents result in severe injuries where one may not be able to earn again in their lifetime. Lost income is a significant factor to consider in awarding compensation. YOUR RECORD If your case goes to trial, a past criminal record may affect the amount you receive as compensation. If you have a felony conviction within 10 years of your trial, the jury would be allowed to know this if you decide to testify at your trial. You need to understand the law on personal injury cases before you file a lawsuit. Taking time to research will help you determine if you have a case to pursue or not. The above factors may affect the amount you will get as compensation. Contact the Bodden & Bennett Law Group today if you have questions about the value of your personal injury claim
These Factors Can Directly Impact The Value Of Your Personal Injury Claim In Florida When you sustain injuries through another person's fault, you may make an injury claim for compensation. You need to seek legal advice to determine if you have a claim or not. Once you establish you have a viable claim, the next thing you need to know how much compensation you should get. You need to hire a personal injury claim attorney that will help you determine your claim's value. A personal injury attorney understands the law on compensation of victims of accidents. Hiring a personal injury claim attorney will help you gain from their expertise and experience. There are guides and ways that personal injury attorneys use to help individuals determine their injury claims' worth. Below are factors that can impact the value of your injury claim. THE SEVERITY OF YOUR INJURY You'll need to have a proper medical assessment as soon as you sustain injuries in an accident. Get a medical report that outlines all the injuries you may have suffered from the accident. You know the severity of the injuries when you have a proper medical assessment. You are likely to get a higher amount as compensation if you have severe injuries. Having minor injuries will only attract a small compensation award. If you have any injuries, your value of the claim will increase. You need to have medical reports that specify the type of injuries you sustained from the accident. Victims with more permanent injuries will get a higher amount of compensation. UNDERSTAND THE LAW ON COMPENSATION AND VALUE OF YOUR PERSONAL INJURY CLAIM You need to understand the law for specific types of injuries. Every state has different sets of regulations on different types of injuries. Hiring a legal representative will help you have a proper interpretation of the law. You need to understand the law you will use depending on your state. It is important to read and understand the law on victim compensation before you file a legal suit. This will help you determine if you stand a chance of receiving compensation for the injuries. THE SEVERITY OF PROPERTY DAMAGE Personal injury claims include property damage. In cases of vehicle accidents, the property will be the car. You need to factor in the value of your personal injury claim by including the value of the damaged property. Assessment of property will help an individual to prove the value of their claim. THE TOTAL MEDICAL BILLS The amount you spend seeking treatment for the injuries sustained is a key factor to consider. Receiving adequate medical care can be costly. Personal injury victims should be finished with the medical treatment before seeking a determination of their cases. One should seek medical treatment and recover before they pursue a personal injury claim. You need to keep a record of all total medical charges before you agree to any settlement. It would help if you recovered before claiming for compensation to know how much you spent seeking treatment, but this may not always be the case. The medical bills may also include therapy charges for individuals who face trauma. Emotional distress and disturbance will affect the general well-being of a victim after an accident and may require counseling to lead back to a normal everyday life. INSURANCE POLICY LIMITS Insurance carriers tend to settle most personal injury claims. The insurance carrier's total policy limit will play a significant role in the total value of your personal injury claim. Finding out how much the insurance covers in case of an accident will be critical in determining the settlement value of a claim. SHARED FAULT Victims of personal injury accidents may still get compensation despite their partial involvement in a crash. You may still be able to make a claim against or sue the other party involved despite having played a role in the accident. The total amount of compensation you get will be less as per your percentage of fault. This will affect the total amount of a personal injury claim. THE ACCIDENT'S LOCATION The physical location where the accident occurred may affect the value of the claim. Insurance companies will sometimes place the value on a claim based on the county in which the crash occurred. You may get a higher settlement in case of an out-of-court, depending on the county of the crash. The insurance company will usually make this determination based on the kind of trial verdicts juries tend to award in that county. PRECEDENCE IN SIMILAR CASES Many insurance companies will use precedence in awarding compensation. They check their records to determine how much a victim should get. The past trial verdicts on personal injury cases similar to yours can influence the outcome of the case. HANDLING INSURANCE CARRIERS Communication with insurance carriers plays a big role in compensation. Most insurance carriers want to award the least amount as compensation. The personal injury victim must know how to handle insurance carriers to get a higher amount. The injury victim should have legal representation from a lawyer. The lawyer should deal with insurance carriers as they understand the law. The insurance carriers may not shortchange you if you understand the insurance policy. AVAILABLE EVIDENCE If your case goes to trial, the judge will make rulings depending on the evidence available. You need to have enough evidence in your case for you to get a significant amount as compensation. Your lawyer should collect enough evidence to prove you deserve the amount of money for which you are seeking. The evidence should prove the liability of the other party. Having enough evidence for your case will ensure you receive adequate compensation. WAGE LOSS ECONOMIC DAMAGE This is where the victim loses their ability to earn an income. There are cases where a victim cannot work while they recover. In other instances, the victim may be able to work but not the same way they did before the accident. There may be a permanent loss of income due to the victim's incapability to do what they had been doing before the accident. Some accidents result in severe injuries where one may not be able to earn again in their lifetime. Lost income is a significant factor to consider in awarding compensation. YOUR RECORD If your case goes to trial, a past criminal record may affect the amount you receive as compensation. If you have a felony conviction within 10 years of your trial, the jury would be allowed to know this if you decide to testify at your trial. You need to understand the law on personal injury cases before you file a lawsuit. Taking time to research will help you determine if you have a case to pursue or not. The above factors may affect the amount you will get as compensation. Contact the Bodden & Bennett Law Group today if you have questions about the value of your personal injury claim

These Factors Can Directly Impact The Value Of Your Personal Injury Claim In Florida

When you sustain injuries through another person’s fault, you may make an injury claim for compensation. You need to seek legal advice to determine if you have a claim or not. Once you establish you have a viable claim, the next thing you need to know how much compensation you should get. You need to hire a personal injury claim attorney that will help you determine your claim’s value. A personal injury attorney understands the law on compensation of victims of accidents. Hiring a personal injury claim attorney will help you gain from their expertise and experience. There are guides and ways that personal injury attorneys use to help individuals determine their injury claims’ worth. Below are factors that can impact the value of your injury claim.

1. THE SEVERITY OF YOUR INJURY

You’ll need to have a proper medical assessment as soon as you sustain injuries in an accident. Get a medical report that outlines all the injuries you may have suffered from the accident. You know the severity of the injuries when you have a proper medical assessment. You are likely to get a higher amount as compensation if you have severe injuries. Having minor injuries will only attract a small compensation award. If you have any injuries, your value of the claim will increase. You need to have medical reports that specify the type of injuries you sustained from the accident. Victims with more permanent injuries will get a higher amount of compensation.

2. UNDERSTAND THE LAW ON COMPENSATION AND VALUE OF YOUR PERSONAL INJURY CLAIM

You need to understand the law for specific types of injuries. Every state has different sets of regulations on different types of injuries. Hiring a legal representative will help you have a proper interpretation of the law. You need to understand the law you will use depending on your state. It is important to read and understand the law on victim compensation before you file a legal suit. This will help you determine if you stand a chance of receiving compensation for the injuries.

3. THE SEVERITY OF PROPERTY DAMAGE

Personal injury claims include property damage. In cases of vehicle accidents, the property will be the car. You need to factor in the value of your personal injury claim by including the value of the damaged property. Assessment of property will help an individual to prove the value of their claim.

4. THE TOTAL MEDICAL BILLS

The amount you spend seeking treatment for the injuries sustained is a key factor to consider. Receiving adequate medical care can be costly. Personal injury victims should be finished with the medical treatment before seeking a determination of their cases. One should seek medical treatment and recover before they pursue a personal injury claim. You need to keep a record of all total medical charges before you agree to any settlement. It would help if you recovered before claiming for compensation to know how much you spent seeking treatment, but this may not always be the case. The medical bills may also include therapy charges for individuals who face trauma. Emotional distress and disturbance will affect the general well-being of a victim after an accident and may require counseling to lead back to a normal everyday life.

5. INSURANCE POLICY LIMITS

Insurance carriers tend to settle most personal injury claims. The insurance carrier’s total policy limit will play a significant role in the total value of your personal injury claim. Finding out how much the insurance covers in case of an accident will be critical in determining the settlement value of a claim.

6. SHARED FAULT

Victims of personal injury accidents may still get compensation despite their partial involvement in a crash. You may still be able to make a claim against or sue the other party involved despite having played a role in the accident. The total amount of compensation you get will be less as per your percentage of fault. This will affect the total amount of a personal injury claim.

7. THE ACCIDENT’S LOCATION

The physical location where the accident occurred may affect the value of the claim. Insurance companies will sometimes place the value on a claim based on the county in which the crash occurred. You may get a higher settlement in case of an out-of-court, depending on the county of the crash. The insurance company will usually make this determination based on the kind of trial verdicts juries tend to award in that county.

8. PRECEDENCE IN SIMILAR CASES

Many insurance companies will use precedence in awarding compensation. They check their records to determine how much a victim should get. The past trial verdicts on personal injury cases similar to yours can influence the outcome of the case.

9. HANDLING INSURANCE CARRIERS

Communication with insurance carriers plays a big role in compensation. Most insurance carriers want to award the least amount as compensation. The personal injury victim must know how to handle insurance carriers to get a higher amount. The injury victim should have legal representation from a lawyer. The lawyer should deal with insurance carriers as they understand the law. The insurance carriers may not shortchange you if you understand the insurance policy.

10. AVAILABLE EVIDENCE

If your case goes to trial, the judge will make rulings depending on the evidence available. You need to have enough evidence in your case for you to get a significant amount as compensation. Your lawyer should collect enough evidence to prove you deserve the amount of money for which you are seeking. The evidence should prove the liability of the other party. Having enough evidence for your case will ensure you receive adequate compensation.

11. WAGE LOSS ECONOMIC DAMAGE

This is where the victim loses their ability to earn an income. There are cases where a victim cannot work while they recover. In other instances, the victim may be able to work but not the same way they did before the accident. There may be a permanent loss of income due to the victim’s incapability to do what they had been doing before the accident. Some accidents result in severe injuries where one may not be able to earn again in their lifetime. Lost income is a significant factor to consider in awarding compensation.

12. YOUR RECORD

If your case goes to trial, a past criminal record may affect the amount you receive as compensation. If you have a felony conviction within 10 years of your trial, the jury would be allowed to know this if you decide to testify at your trial.

You need to understand the law on personal injury cases before you file a lawsuit. Taking time to research will help you determine if you have a case to pursue or not. The above factors may affect the amount you will get as compensation. Contact the Bodden & Bennett Law Group today if you have questions about the value of your personal injury claim.

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