After being involved in an auto accident, you will likely have hundreds of questions floating around in your head, such as when you will be able to go back to work, and how this will affect your family. Ultimately, if your finances have been impacted by the accident, you want to know if you have a valid case – and if so, how much it will be worth.
Estimating a case valuation is a complicated and intricate process, which is why it’s crucial to consult with an experienced personal injury attorney who can assist you. The primary job of an insurance adjuster is to minimize their company’s expenses, so they aren’t always guaranteed to be looking out for your best interests in the event of a personal injury auto accident. Your attorney will help you evaluate the particular details and evidence of your case, and advise you of an estimated amount of damages that they believe are fair.
What are compensatory damages?
When you’ve sustained an injury during the course of an auto accident, it’s likely that you have experienced out-of-pocket expenses as a result, and may be missing out on expected income due to an inability to work. Compensatory damages are often awarded to the plaintiff in order to make reparations for these unforeseen costs.
Putting a dollar value on compensatory damages depends on many different factors. Some variables, such as yours-out-of-pocket medical bills, may be straightforward and easily determined while others, such as emotional distress linked to the injury, are far more vague and uncertain. Compensatory damages may be awarded in situations where you have experienced:
- Medical bills
- Property damage
- Income loss
- Emotional distress
- Pain and suffering
What are punitive damages?
Punitive damages are typically awarded to a plaintiff in addition to compensatory damages in situations where the defendant has exhibited negligent or careless behavior. As the term suggests, one of the main intents of these judgements is to financially punish the defendant for their behavior and act as a deterrent to future negligence.
What other factors may affect the value of the case?
Other factors which may have an impact on the amount of damages you are due include whether or not you were wearing seat belt, the types of vehicles involved, your pre-existing medical conditions, past behavior of the local court system, and more.
In order to determine if you have a case and receive guidance on how much your case is worth, schedule a consultation with Ginnis & Krathen, P.A. Our attorneys are dedicated to helping you get your life back on track after a personal injury and receive the justice you deserve.