How Much Is Your Personal Injury Claim Worth? Understanding the Factors That Affect Compensation

by Chris Lucero on May 19, 2022 Finance 251 Views

Reputed-personal-injury-law-firm-Los-Lunas-nm

How much you can expect to receive in personal injury compensation after suffering an injury due to someone else’s negligence will depend on several factors. While some of these factors are easily identifiable and fixed, others are far more complicated and not obvious. However, everything should be taken into consideration when working out what your claim is worth. Here are just some of the factors that may affect the compensation you receive for your injury as listed by lawyers from reputed personal injury law firm Los Lunas nm.

The Type of Injuries

The type of injury you suffered will be crucial to how much your claim is worth. Different types of injuries often have different values attached to them. For example, if your injuries cause major changes in your day-to-day life, it’s likely they’ll be valued more highly than a similar set of injuries that don’t affect as many areas of your life.

The Severity of Injuries

Injuries can be broken down into three categories: serious, moderate and minor. Each category has a different impact on how much compensation you will be entitled to. You should note that while these injuries refer to those which occur as a result of a traumatic incident or an accident, they are not necessarily related to car accidents or other transportation incidents; these injuries can also be sustained during medical care and manufacturing processes. So, the type of injury affects the compensation you’ll receive. Please speak to personal injury or car accident lawyers in Los Lunas to know more about the severity of your injuries and the compensation you’ll be entitled to.

Whether There Was Permanent Disability

If you sustained a personal injury, then you’re likely looking to be compensated for your financial, emotional and physical losses. The size of your claim will depend on several factors, including your medical expenses, lost wages and pain and suffering can all play a role in how much compensation you receive. A personal injury attorney in Los Lunas can help you understand.

Whether You Were At Fault

If you were at fault for causing your injuries, there’s a good chance you’ll get less compensation than someone who wasn’t. This isn’t because insurance companies want to screw you over; it’s just that fault means liability and liability means paying more money out in claims. But don’t think it makes sense to try and pin all of your injuries on someone else—if any of your testimony can be disputed, it could have ramifications down the line.

Whether It Was A Criminal Case or Not

Courts have ruled on personal injury cases in which children slipped and fell, people suffered bites or stings due to animals, and injuries resulting from recreational use of a product. Even if your claim does not fall into any of these categories, it doesn’t mean you won’t be compensated for your injuries. The truth is, there are many factors in determining how much compensation a plaintiff can receive. Let’s take a look at some of them...

Who Was At Fault?

The amount of compensation you receive is heavily affected by fault. If you’re entirely at fault for your injury, then you’ll likely not be able to recover all of your medical expenses, lost wages and other damages through a personal injury claim. However, if another party or parties were mostly or completely responsible for your injuries (and following up with evidence such as photographs and police reports), then your compensation can be larger.

The author is a personal injury attorney in Los Lunas who works in a reputed personal injury law firm. If you or a family member has been injured due to medical malpractice, the lawyers at the Lucero Law Office will guide you through the legal process and handle the details of your claim. Visit https://www.lucerolawoffice.com/ for more details.

Article source: https://article-realm.com/article/Finance/22482-How-Much-Is-Your-Personal-Injury-Claim-Worth-Understanding-the-Factors-That-Affect-Compensation.html

Reviews

Guest

Overall Rating:

Comments

No comments have been left here yet. Be the first who will do it.
Safety

captchaPlease input letters you see on the image.
Click on image to redraw.

Most Viewed Articles

Statistics

Members
Members: 15673
Publishing
Articles: 64,357
Categories: 202
Online
Active Users: 110
Members: 3
Guests: 107
Bots: 3931
Visits last 24h (live): 2196
Visits last 24h (bots): 26616

Latest Comments

Thank you for the encouragement! Really needed this today. ????   from https://sprunkedgame.online/ https://sprunkigame.online/
Drive Mad levels are tough yet achievable, striking the perfect balance to keep players coming back. Instant Accessibility: The browser-based format makes it easy to jump in anytime,...
Playing a typical papa's games means making all the delectable fast food and bakery goods in the allotted time. The object of these games is to match the correct ingredients with the correct...
on Oct 29, 2024 about ABC’s Of The RSA and CPR Courses
Pacific Certifications is part of E-Certifications, a leading independent certification body for ISO Certifications, accredited by ABIS (Accreditation Board for International Standards), Product...
on Oct 28, 2024 about muneera
Every Dodger fan will fall in love with the ideal ensemble thanks to the Unisex Dona x Los Angeles varsity Jacket , which is the ideal blend of fashion and utility. The polyester shell provides...