What is a Statute of Limitations?
May 17, 2024Steps in a Personal Injury Lawsuit
May 31, 2024If you or a loved one have been injured in an accident, you may be wondering how much your personal injury case is worth. Every personal injury case is unique, and the amount of your case depends on a variety of factors, such as:
- The details of the accident
- The nature and extent of the injuries
- Any non-injury harms (ex: financial losses, medical bills, property damage)
- Your post-accident experience, including pain and suffering
- Your ability to work and enjoy life
There are some factors that can increase the value of your personal injury case, including the severity of injuries, the amount of insurance coverage available, and whether the at-fault party admits responsibility.
If you settle your personal injury case or win in court, the judge will award you money for your injuries. That amount can include compensation for medical expenses, lost wages, out-of-pocket expenses, and future wage losses or treatment needs. You may also be compensated for pain and suffering, as well as physical disfigurement or disability.
There are two types of damages that may be awarded in your case. (Damages refer to all losses associated with your accident). There are compensatory damages, which compensate you for your losses. Punitive damages are awarded to punish the defendant’s wrongdoing and deter others from taking the same actions. Compensatory damages are intended to help the injured victim, while punitive damages are designed to penalize the at-fault party.