There is severe pain and suffering associated with personal injury. Personal injury denotes the physical, mental, or property damage due to their party’s negligence. The victim can file an individual injury case and compensation claim in such cases. While filing the lawsuit, various factors are associated with considering the damages in personal injury cases. In this article, we will learn about these factors for calculating damages.
So, let’s begin our discussion about the factors of calculating damages in personal injury cases. You can contact a firm today for lawyers who can give you more details in such damages and claim settlement cases.
What are the Factors for Damages in a Personal Injury Case?
Medical Costs: The first and foremost important thing in any accident case is the medical report and cost. You can present the medical report as evidence; medical expense will be considered the first factor to calculate the damage. There are various costs, such as appointment costs, follow-up costs, medication, surgery, physical therapy and other expenses that come under this umbrella. Your lawyer will collect all the evidence to recover these costs from the insurance company.
Lost Wages: When you meet with an accident, there is a loss of potential for your job, and therefore, there is a loss of wages in two ways. One is when you are in the hospital or pain, you lose your salaries for that period. Apart from this, during your recovery period, you lose the potential to work more and therefore, this is also an important factor in calculating the damages in personal injury cases.
Pain and Suffering: You cannot measure your pain; it is intangible, and therefore they, are generally not considered in monetary terms. But this does not mean that you are not suffering from pain. Lawyers also ensure that the cost of your pain and suffering is added to the claim settlement procedure.
Lost Opportunities: When you are in the hospital or recovery phase, you lose the opportunity to work, which also affects your earnings. Thus, while calculating the damages in the personal injury case, the lost opportunities are also calculated.
Property Damage: Personal injury is not only to the person; it also affects the person’s property, and therefore, when there is property damage, its recovery or repair cost is also added to the damages list.
There are also other factors that you can consider, but these are some general factors that lawyers propose to the court or for the settlement of insurance claims.