|Posted on February 10, 2017 in Personal Injury |
Often, the first question that crosses the mind of a victim of personal injury considering legal action is “how much is this injury worth?” When someone is facing steep medical costs and burdened with stress, pain and personal or professional losses, it can be difficult for them to place a monetary value on their struggle. That’s why victims should consult a personal injury attorney as early as possible following the injury.
Your attorney will be your partner in evaluating your case and finding an appropriate value for your personal injury settlement. While an attorney cannot guarantee any amount, an experienced personal injury attorney can rely on their knowledge and experience as well as a complex system to calculate the past, current, and future damages for your incident.
Negotiating a settlement requires your attorney to accurately evaluate your case with a reasonable monetary value in mind, then they must take that value with them to the negotiations with insurance companies to try to get the injured the settlement they deserve.
However, the insurer is doing their own calculation. Instead of calculating what is optimal for the injured party, they are trying to limit the losses their company and their clients will take.
Sometimes insurance companies will approach the injured parties with an offer early, in hopes that they are willing to take anything. That is why you need an attorney to help calculate the real costs and ensure that you receive a fair settlement.
Here are some of the most important elements your personal injury attorney will include when evaluating a fair settlement for your case.
Because no case is ever the same, there are many factors your attorney will take into consideration when evaluating your personal injury settlement. While these factors vary on each individual case, these are some of the most common:
If you have suffered a serious injury and believe you may be due compensation, contact an attorney immediately. Only an experienced attorney can accurately evaluate your case and put an appropriate value on your desired settlement.
The attorneys at Wendt Law Firm, P.C. know what it takes to be successful in a personal injury lawsuit and will work tirelessly to earn you the settlement you deserve. Give our lawyers a call today to explore your options and see if we can help.