Suffering from a personal injury is often a taxing and overwhelming event in anyone’s life. The “bright side” is that you can seek compensation through a claim to help your recover costs for lost wages, medical treatments and other damages. There are a multitude of factors that determine how much compensation you may receive. Below are a few factors that could influence the value of your claim:
- Policy Limits: The at-fault party’s insurance policy limits determine how much compensation you could receive. The insurer will only pay the maximum amount for the policy.
- Contributory Negligence: If you were partially responsible for the incident that resulted in your injuries, your compensation may be reduced to your level of fault.
- Severity of Injuries: More severe injuries often result in higher compensation as a result of longer recovery, higher medical costs, and life impacts.
- Medical Expenses: Extensive treatment can increase the value of your claim.
- Ability to Work: Your injuries may prevent you from working for a certain period of time or reduce your earning capacity. A loss of competitive advantage claim can boost your compensation.
- Evidence: The strength of your evidence will directly affect the value of your claim.
- Surveillance and/or Social Media Investigations: The defense can use this to minimize the compensation you receive.
Understanding the above factors can help you navigate your claim. It is important to retain a lawyer who understands the intricacies of these factors and the law to get you the compensation that you deserve. Contact JEWELL RADIMISIS JORGE LL.P and a member of our team will be happy to help you.