While every personal injury case is surrounded by unique circumstances, there are still some general guidelines which can be used to estimate the value of a case. This is because certain factors are known to either decrease or increase the overall value and thus impact the height of the settlement that is ultimately paid out to the plaintiff. By comparing the factors and facts listed below to your own real-world case, you will be able to get an idea of what you can expect of the compensation you will receive some time in the future. Having a lawyer will help to wrap up the settlement process faster.
How your pain and suffering will impact your settlement
There are a lot of factors that will be taken into consideration when it comes to insurance companies estimating the amount of pain that you have suffered as a result of your injuries. The amount of pain that they determine you to have been and/or be in will then be used to assign a multiplier to the formula that is used to calculate the value of a personal injury case. Here is a list of the factors that are likely to lead to insurance companies granting you a higher settlement:
• the type and dosage of medication you have been prescribed by a physician in relation to your injuries
• the kind of injury you have sustained (hard injuries in this case will be far more likely to get you a high/fair settlement, aka injuries such as brain injuries, spinal injuries, damaged nerves, open wounds, etc.)
• which treatments you underwent at the hands of medical care professionals and institutions
• the length of your recovery and rehabilitation period
• if and what kind of long-term treatments you require for your injuries
• whether you are left with permanent injuries, such as paralysis, scar tissue, amputation, etc.
• distress of an emotional or physical nature which was brought on by the injuries
• disruptions caused in your personal life by the injury, aka decrease in overall life enjoyment
And here is a list of factors that are likely to decrease the amount of compensation you will be awarded by insurance companies:
• your injuries are all soft tissue injuries
• the treatment you underwent was carried out by a non-M.D. Provider
• you weren’t prescribed any medication
• recovery and rehabilitation didn’t take too long
However, it is still important to consult with a personal injury lawyer in Airdrie so that they can evaluate your claim and recommend the best course of legal action to safeguard your damages. They will look at the evidences, injuries and then calculate the estimated amount of damages you can get.