How To Calculate a Personal Injury Settlement

Have you recently been hurt in an accident in or around Savannah, Georgia? You are probably devastated and worried about how to put your life back together. One way to get started rebuilding your life is to file a personal injury claim for an accident. If you didn’t cause the accident you were hurt in, you could bring your claim against the person who harmed you.

When someone is negligent or engaging in wrongful behavior, they could be held legally responsible for their actions if they hurt someone. Even if the person didn’t intend to cause you harm, they can still be held to account. The way to do this is through the civil claim process. Filing a claim is your right, but it’s not easy.

Figuring Out Your Claim’s Worth

You know you are owed money for your accident, but you have no idea how much you’re owed. You have probably missed out on income due to your injuries. You have probably accrued medical expenses due to treatment of your injuries. These losses are compensable, but so are many others.

You could be compensated for the cost of physical therapy expenses, transportation expenses, and property damage.

Did you know you could also be compensated for non-financial losses? Pain and suffering, mental distress, scarring, disfigurement, loss of mobility, permanent injury, and lost life enjoyment can be compensated through an injury claim.

So how do you calculate all of these losses to come up with a settlement amount? Your personal injury lawyer will help you, but the basic process is this:

• Add up all your financial losses, including future financial losses.
• Assign a value to non-financial losses. Here you are trying to calculate what amount of money would make you feel whole again. This isn’t easy to do. 
• Put your financial and non-financial losses together to come up with a total amount. That is the amount of money you would demand the at-fault party’s insurer pay you.

Other Considerations

You must have proof of your losses if you hope to receive a fair settlement. Keep in mind that different people place different values on similar experiences. For instance, a broken arm for one person could be a different experience than it is for someone else. Each case is handled on an individual basis.

Your lawyer’s job is to help you obtain fair compensation for what you went through. You don’t have to calculate a claim on your own.

Talk to a Personal Injury Lawyer in Savannah

You didn’t cause the accident that hurt you. You shouldn’t have to suffer more than you already have. A personal injury claim could result in a settlement for you. You could use the money from a settlement to repair your life and move on from this accident.

If you feel overwhelmed after your accident, understand that you don’t have to do this alone. A Savannah personal injury lawyer at The Nye Law Group is ready to help you get through this experience. Call 912-200-5230 or use the form below for a free case review.