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What is My Personal Injury Claim Worth?

 

If you are thinking about going for a personal injury settlement over a car accident or even any other kind of injury, then you would need to understand that it would indeed be a lengthy and time-consuming process. Even though you might think that you would just be able to get in there and get your satisfactory settlement amount, the real world does not seem to work like that.

On the other hand, you might have a certain figure in mind which the insurance company might not comply with. In addition, since they would be the stronger party, you might have no other chance other than to comply.

So, if you would like to prevent yourself from being involved in a sticky situation, then the best option would be to hire a Winnipeg personal injury lawyer. This is because in addition to helping you increase your chances of winning, they would also be able to tell you what your personal injury claim should be worth.

 

 

Compensatory damages in personal injury cases

In majority of the personal injury cases, you would be able to find that the damages would be referred to as “compensatory”. This would mean that the victim would need to be compensated, or paid back for the damages which have been sustained and the injuries caused. In other words, it would also mean that the experts would try to put a dollar figure on the damages. So, even though you would be able to come across some which would be quite easy to identify, there would be others which would not be that simplistic.

 

Therefore, when going for a personal injury settlement, it would be a good idea to know about the different times of compensatory damages that would be most common in many of the personal injury cases. To know more, take a look below.

  • Medical treatment

In a personal injury damages award, you would almost always be able to find the cost of medical care that would seem to be associated with the accident. This would include the cost of medical attention that you have already received along with the estimated cost of medical care that you would require in the future as a result of the accident.

  • Income

Based on your wages and salary, you would also be entitled to compensation for the impact of the accident. This would not only include the income that you have lost, but also the possible amount of money that you could no longer make in the near future. In other words, this would also be known as “loss of earning capacity.”

  • Property loss

If any clothing, items, or vehicle were damaged in the course of the accident, then the victim would also be reimbursed for compensation or repairs for the fair market value of the property that was lost. An insurance adjuster would have to review the claim before it could be included in the claim.

 

Hence, with your personal injury lawyer keeping some of these factors in mind, it would be possible to calculate your personal injury claim worth.

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