How Can I Determine How Much My Claim Is Worth?

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How Can I Determine How Much My Claim Is Worth?

For purposes of settlement, a claim is valued upon an estimate of what a jury would likely believe the case to be worth, taking into account the severity of the injury, the effects of the injury on your life and the negligence of the other party. If you were partially at fault for the accident, the amount of damages will be reduced proportionately. Benefits received from collateral sources will be used to reduce your recoverable economic damages, taking into account the cost of such benefits to the claimant. Any settlement will be reduced if there appears to be a good chance that the claim will not be successful. Other factors that may reduce the damages include past medical history, preexisting injuries, and prior claims history.

Considerable compensation may be commanded if your injuries are severe requiring extensive medical treatment, absences from work and permanent injuries. This is especially true if you were a healthy, productive, young worker prior to the accident. That is because an important factor in the value of your claim is the difference between your quality of life before the accident as compared to after the accident.

Other Florida Personal Injury FAQs

Q: I Was Injured. Can I File A Lawsuit Against The Party That Caused My Injury?
A: You can make a claim against another party or parties if they are at least partially at fault for your injuries. In general, when a person is injured as a result of … More
Q: Who Is Responsible When A Person Is Injured?
A: The law of personal injury is concerned with determining who may be responsible for your injuries and how much they should be required to pay for your damages. … More
Q: How Do I Decide If I Need To Hire An Attorney?
A: There are situations where an attorney is unnecessary, such as very small cases. Small claims court in Florida will handle claims up to $5000. If your injury is a … More
Q: How Much Will An Attorney Cost?
A: Most attorneys who believe a case has merit will take the case without payment up front. They will take the case on a contingency basis, which means they will receive … More
Q: How Long Do I Have To Hire An Attorney?
A: The law requires that you file a lawsuit within a specified period of time depending on the nature of the claim and the entity that caused your injury. This is … More
Q: How Will My Claim Be Processed?
A: You should be sure not to sign any documents without prior review by an attorney. You need to attend all scheduled doctor appointments in order to document your … More
Q: What Damages Can I Recover?
A: You can recover your actual economic losses such as the costs of reasonable and necessary medical care, property damage, car rental expenses, costs of domestic … More