What is My Injury Claim Worth?
Under Louisiana law, victims are entitled to seek compensation for their injuries, medical expenses, rehabilitative costs, and lost wages. However, the comparative fault laws state that your damages might be reduced based on the amount of fault you have in your accident. If you are wondering what your claim is worth, speak to our personal injury law firm. Every case is unique, and the circumstances of your crash determine your claim’s value.
We review your medical bills and rehabilitation expenses, taking the time to understand your lifestyle before the accident to assess your pain and suffering damages. If you are speaking to insurance adjusters or seeking damages from negligent parties, it is important to understand your claim’s value. Here are some aspects our team considers:
• Medical Costs. We review your medical bills and speak to experts to estimate future medical expenses and costs. Sometimes the value of future medical expenses can exceed the costs already incurred.
• Lost Wages. Like medical expenses, it is important to consider both past and future lost wages. If you have to change jobs due to your injuries, we can also seek damages for work re-training and other services you may need to change careers.
• Pain and Suffering and Emotional Stress Law. Pain and suffering damages compensate you for pain, suffering, and losses due to your injuries. While these damages are among the more subjective claims, they are incredibly important. When a mother can no longer care for her children, not only does she suffer immensely, but her family does too. An athlete who can no longer compete may experience lower quality of life or miss out on important opportunities. Our attorneys take the time to understand your lifestyle before and after your accident. The extent of the pain and suffering recovery you may be entitled to depends on the severity of your accident and the ways it impacted your life. Damages are calculated using special formulas where your medical expenses are multiplied by another figure known as a multiplier. This number can be as low as 1.5 or as high as 5 or more. Permanent and life-altering injuries are often calculated using a higher multiplier. However, every case is unique. An elite athlete or construction worker suffering a broken bone may receive a higher multiplier than an office worker or person with a sedentary lifestyle who suffers the same injury.
• Comparative Fault. Our negligent injury lawyers also consider the degree of fault the other person had in your accident. Under Louisiana law, your damages may be reduced by the percentage of fault you are found for your accident. However, a qualified accident law firm like ours can review the evidence and fight to get you the maximum possible claim.
Many factors go into determining your claim’s value. Before you settle with insurance adjusters or accept a recovery from a negligent party, it is important to speak to the accident lawyers at Miller, Hampton, & Hilgendorf. Our attorneys review police reports, identify possible stakeholders, and help you understand the next steps.