If you or a loved one sustained injuries in a personal injury accident that wasn’t your fault, you deserve justice and fair compensation for your damages. You probably also are curious about what your case value might be worth. Getting a fair settlement is important for two primary reasons: You deserve justice for your injuries and other damages, and you need the financial resources to get comprehensive medical treatment and pay your bills.
Clients often ask us how they can determine what a fair settlement might be for their case and what the average personal injury claim value is in the tri-state area.
The experienced personal injury lawyers of Gerling Law assist wrongfully injured clients in Indiana, Kentucky, and Illinois. Our knowledgeable team provides compassionate assistance for our clients while fighting tirelessly to get you the outcome you deserve.
Contact us today to schedule a free case evaluation. We can tell you more about what the average personal injury settlement amount includes—and how this might affect your claim.
Is There an Average Personal Injury Accident Settlement Amount?
You face a variety of unique challenges when you fall victim to a personal injury. Whether your injuries were minor or you face a long road back to recovery, you have many challenges ahead. The factors that make you and your injuries unique also make it virtually impossible to identify an average personal injury claim value.
Our experienced attorneys help accident victims throughout the tri-state area. We know from experience that it is not realistic to even attempt to identify an average injury claim value in Illinois, Kentucky, or Indiana. We evaluate your claim based on the unique details and circumstances of your case. We provide you with individualized service and answers because we understand that no one-size-fits-all approach is ever practical or fair to you.
Are Injury Accident Claim Value Calculators Helpful?
Be wary of any online accident settlement calculators or any other resource that claims to provide an accurate estimate of your claim’s potential value. Even the most experienced injury accident lawyers need all the details of your case to determine its potential value.
In many cases, online calculators are designed to gather your information so an attorney can reach out to you directly. You might be able to obtain general information about what may or may not be included in an injury claim. However, getting real answers will virtually always require a more detailed analysis of your case, conducted by a knowledgeable legal professional.
How Will My Personal Injury Settlement Value Be Calculated?
Personal injury attorneys calculate the value of any personal injury claim by first identifying all the economic and non-economic damages you suffered. Calculating economic damages—which might include the cost of your medical treatment, any lost wages, etc.—is a fairly straightforward process. Documenting these types of damages is also relatively simple, using copies of medical bills, income statements, and other documentation of this nature.
Non-economic damages, which include emotional trauma, pain and suffering, etc. present more of a challenge. These types of damages are more subjective and not as easy to document. This is why it’s critical to have an experienced attorney on your side.
If your injuries affect your ability to work or to resume your prior job duties, your attorney may recommend pursuing damages of lost income capacity as well as future lost income, benefits, and opportunities. If you suffered any permanent damage, scarring, etc., your attorney may also want to include those damages as a part of your overall claim value.
As you can see, determining the value of your injury accident claim requires research and an in-depth knowledge of this complex area of the law.
What Factors Could Affect the Value of My Personal Injury Settlement?
One of the most important factors that attorneys consider in determining the value of a personal injury claim is the nature of the victim’s injuries and how those injuries will affect the victim in the future.
Another factor that could affect your claim is how you sustained your injuries. If you were hit by a drunk driver, for example, or if you suffered injuries due to the wrongful actions of a semi-truck driver, your attorney may be able to gather a variety of evidence and build a persuasive case on your behalf.
In most cases, personal injury lawyers can negotiate a fair settlement with the at-fault party’s insurance company. This provides several advantages over going to court. Your case gets resolved at the earliest possible time without the cost and hassle of a trial. Whether your attorney negotiates a settlement or prevails in court, you won’t have to pay any legal fees up front—so you don’t have to worry about out-of-pocket costs. If you do go to court, however, most attorneys have a higher fee percentage than they do for settling. This can also affect your ultimate award.
Once you talk with an experienced attorney, you can get the details on all of these factors and more and get a realistic estimate of how much you could collect for your personal injury settlement amount.
Contact the Experienced Personal Injury Lawyers at Gerling Law Now
At Gerling Law, our experienced attorneys focus on the unique details of your case. When you choose us to assist you, you won’t have to face this challenging situation alone.
Take a moment to browse our past case results, and you will see how committed we are to getting the job done for you. We do everything in our power to get the best possible outcome for your case. Contact us today to learn more about how we can assist you with injuries sustained in a car accident, truck accident, medical malpractice case, construction accident, or any other type of personal injury accident. We look forward to answering your questions and helping determine the possible value of your personal injury settlement.