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How Much Is My Claim Worth

Dec. 23, 2019

How Much Is My Claim Worth

It would take a crystal ball to know how much a claim is worth before going to trial because there are so many things that go into determining the amount of compensation.

Because every case is different the amount of compensation an insurance company will offer as a settlement, or a jury awards at trial, can vary significantly depending on the specifics of your case. That’s why hiring an experienced trial attorney is so important.

Here are some of the things that are considered in determining the amount of compensation:

Who Was at Fault?

First and foremost, determining who is at fault for the injuries will dictate how much compensation is due. A plaintiff who is an innocent victim of someone else’s negligence will in most cases receive more than someone who shares some of the responsibility for injury. An experienced attorney will work to ensure that you are not held accountable for events outside of your control. Don’t wait for the insurance companies to blame you for something you didn’t do, contact an experienced trial attorney.

What Is the Degree of Injury?

The amount of your claim also depends on the severity of injuries suffered. If you are lucky enough to have sustained minor injuries, you may want to count your blessings and not file a claim. However, when injuries are serious and long-lasting, it is important that your claim is handled carefully.

An experienced attorney will work to ensure that the insurance company does not try to take advantage of you by not including your medical expenses such as emergency room visits, x-rays, and MRIs, ambulance rides and visits to specialist physicians. If the other party is liable for your injuries, they are not only responsible for your immediate medical expenses, but also for any future medical expenses related to your injury. Before talking to the insurance company, be sure to speak with an attorney who has your best interests in mind.

How Has the Injury Impacted You and Your Family?

If an injury causes you to miss a day or two from work it may not be significant, but what happens if you’re out for a month? What happens if you can no longer return to work after you are injured? Insurance companies will try to minimize or play down the seriousness of an accident in order to reduce their costs. You should work with an attorney who is experienced in handling personal injury cases at trial in order to get the compensation you deserve.

Does the Party at Fault Have Assets or Insurance?

While a trial may result in a $500,000 verdict if the defendant doesn’t have assets or insurance to pay the award it may be difficult to recover any payment. An experienced attorney working on your behalf will look at all available sources, including some that you may overlook, in order to ensure you get the maximum compensation to which you are entitled.

If you are looking for an experienced trial attorney who is focused on your needs, protecting your rights and protecting your family, contact Winston-Salem based Attorney Roderick T. McIver at (336) 727-9886.

Personal Injury, Worker’s Compensation, and telephone consultations are absolutely free, and if we take your case to trial, there is no fee unless we win your case.