Law & Legal & Attorney Accidents & personal injury Law

How A Personal Injury Claim is Calculated

Assessing how much your personal injury claim is worth is the most important aspect of personal injury claim process.
Setting a dollar value for injuries because of accidents has always been a complicated task for the victims and even the insurance companies.
Keep in mind, the insurance company is not your friend; they are looking out for their bottom line, not yours.
Further complication is the large number of factors responsible for arriving at exact worth of each claim.
Some of the factors taken into consideration are medical bills, loss of wages, and the cost of ongoing medical treatments.
The aforementioned expenses for personal injuries are largely tangible.
However, assessing the extent of claim amount for pain and sufferings is very difficult.
Parameters for Personal Injury Claim CalculationIt is not possible to generalize and have a uniform formula personal injury claims because all personal injury cases are individualistic and the amount of claim depends on specific circumstances.
Before you move on to understand the calculation of personal injury claims, it is necessary to understand the items for which you are entitled to claim.
Some of them are:
  • Loss of income because of personal injuries
  • Medical expenses for Injuries related to accident
  • Emotional losses e.
    g.
    stress, anxiety and depression on account of worries, inability to take care of children and elderly, affects of anxiety on unborn child and impact on personal and sexual relationships
  • Permanent physical disability or disfigurement
  • Loss of social, educational and family experiences e.
    g.
    missed family events, school or training, and vacation or recreation
  • Property Damages


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