How to Value a Car Accident Injury Claim

What is my claim worth?  A large percentage of my clients who have been injured in a car accident come into the office with some idea that their injury claim will be valued at three times their medical expenses.  While there is some truth in that years ago insurance companies and injury lawyers often used multipliers in determining the value of a claim, the true value of a claim is determined by its unique facts, as well as by the injured person.

Calculating damages for things such as medical expenses and lost wages is one thing; however, determining what is adequate compensation for physical pain, mental suffering and other general damages is something else altogether.

Each and every case is different, and each and every person is different.  In valuing an injury claim, we have to look not just at medical bills and lost wages, but to the total impact the injury has had on the injured person, as well as any impact the injury will continue to have in the future.

If you have suffered an injury as the result of a car accident, speak with your injury lawyer regarding the estimated value of your case, and make sure you are comfortable with the determination that you and your attorney reach.

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