How Much Is My Injury Claim Worth?
This is one of the most common questions asked by injury victims looking for legal representation, and it is also one of the hardest to answer. Though many attorneys will boast of large settlements or verdicts, the truth is that each case is different, and the facts of your claim will not be the same as someone else’s. Therefore you should always be wary of a lawyer who promises you pie-in-the-sky results.
If you or a loved one has been injured in an accident, it is in your best interest to learn all you can about your legal rights. Call Zinda Law Group at (800) 863-5312 for a free consultation with one of our Phoenix personal injury attorneys.
How Do I Value a Claim?
There are a number of factors that can potentially influence the value of your personal injury claim. These include:
- The type of injury;
- Severity or permanence of an injury;
- Amount of lost income;
- Past, present, and future medical bills;
- Pain tolerance;
- Out of pocket expenses;
- Property loss or damage;
- Pain and suffering.
These are only some of the factors that will be considered. Even if a calculator or formula accounted for every known factor, a precise calculation still could not be made.
Why? Because what happens at trial also influences a claim’s value. The judge presiding over the case, the composition of the jury, recent changes in the law, the quality of legal representation–each of these considerations could dramatically change the value of a claim.
What About “Punitive Damages”?
Personal injury cases also generally allow a plaintiff to win damages for pain and suffering. But how can a person’s mental anguish or emotional upheaval be quantified?
There are no fixed numbers from medical bills that help nail down that value. It is a matter of how a specific jury feels regarding what the plaintiff has gone through, and what they feel as a group that pain and suffering is worth.
Are There Any Factors That Could Reduce a Claim’s Value?
A potential claim can also be reduced depending on how everything plays out at trial. The process itself can shift how much a claim is ultimately worth.
In a personal injury case, the defense may claim the plaintiff was also negligent in causing the collision. The jury will be asked to determine how much at fault each side is. In most states, including Arizona, any award will be reduced on a percentage basis by how negligent the jury finds the plaintiff was. in what is known as “comparative negligence.”
An award may also be reduced if the plaintiff exacerbated an injury or failed to seek treatment. This is just one more element that makes precisely calculating a personal injury claim’s value exceptionally difficult.
Get Help from Experienced Phoenix Personal Injury Lawyers
At Zinda Law Group, our Phoenix injury attorneys ave the knowledge and resources necessary to help you seek compensation for damages stemming from an accident, including medical bills, lost wages, property damage, pain and suffering, and more.
Call us today at (800) 863-5312 for a 100% free consultation with one of our Phoenix personal injury lawyers. Meetings with attorneys by appointment only.