personal injury case occurs when one individual suffers a serious injured due to the negligent
or reckless actions of another individual and/or company. The injured
part often incurs a number of expenses, most likely medical bills and
additional treatment costs. For this reason, the legal system allows for
an injury victim to pursue compensatory damages.
Determining how much your case is worth, or how much you can recover for
your injuries, can be challenging. The value of your case will depend
greatly on the type of injuries you are suffering from and the type of
accident that caused it. Trying to put a dollar figure on the consequences
of an accident can be difficult, especially when some of those consequences
are emotional pain and distress, rather than physical medical bills.
Factors that Affect a Case's Value
While some damages will be easier to calculate, others will be more challenging,
which is why having an attorney on your side can help ensure the full
value is given.
Some of the most common injury damages that will be calculated include:
- Medical treatment, hospital bills, therapy costs, and any other type of care
- Impact of the accident on your wages
- Property loss, such as a damaged vehicle
- Pain and suffering
- Emotional distress or psychological impact of an accident
- Loss of enjoyment
- Wrongful death expenses or loss of consortium
Your claim will likely be calculated depending on how many of these factors
(and to what extent) are involved in your case. You will either receive
a settlement from the negligent party or a verdict from a jury.
What are punitive damages?
In addition to compensatory damages, punitive damages can also be awarded
if the negligent party acted in an outrageously careless manner. While
compensatory damages are used to support an injured party and help "make
whole" for what they loss in an accident, punitive damages are used
as a way to punish a reckless party for their actions. This can be an
extremely effective method of punishment for negligent individuals. Most
likely there will be a cap on punitive damage awards, limiting this amount
more than compensatory damages.
Have more questions about the value of your case? Speak with one of our
Atlanta injury attorneys today for counsel.