Dealing with a personal injury case can be very stressful, but at the same time, you never know how much you can get from it. Understanding the nuances and figuring out the damages you can get in the end is very important. That’s where a good Orlando personal injury attorney can help you. The primary focus is to understand how much the case is worth, what challenges can arise, what info you should accumulate and all the other stuff. In the end, that will make the entire process much easier to manage.
Factors that influence how much your personal injury case is worth
As expected, there is no set price for any personal injury case. In most situations, there will be a lot of defining factors which will have quite the influence on the case as a whole. The most important thing when it comes to this stuff is to understand the main factors, as follows:
- The severity of injuries always plays a huge role, and it can be an extremely important thing for you to take into account.
- Is there any available insurance coverage? Needless to say, having insurance coverage will help quite a lot in these situations.
- Liability issues matter. If you were at fault, that will change the dynamic when compared to the other party being the one at fault, so try to keep that in mind.
- Are these injuries affecting your capacity of working? Naturally, if you can’t work anymore, that means the case will be worth a lot more when compared to just having smaller injuries, so that matters just as much here.
- The cost and length of the medical treatment will always be challenging as well. If the costs are high and the treatment is long, that will naturally have a major impact when compared to a shorter treatment, yet another thing you have to consider here.
Different types of damages
The attorney will also let you know that there are different types of damages. There are economic damages, for example medical expenses, prescription medication, emergency room bills, rehab, property damage, loss of future earnings, lost income and anything of that nature. These tend to be material costs that will have a receipt, documentation or invoice attached to them, a thing to take into account here.
But, aside from these, you might have non-economic damages. These are obviously harder to quantify, yet they are still problematic and could lead to long term problems. These can be pain and suffering, permanent disability, loss of enjoyment of life, PTSD, emotional distress, loss of consortium and so on. Even if these are hard to quantify as a financial value, they will exude problems and lead to issues in the long run. So, even if you can’t really quantify them now, there’s no denying that they could be challenging in the long term.
Methods used to quantify pain and suffering-related costs
These are costs that can be very difficult to calculate. Generally, these pain and suffering costs tend to be calculated using the multiplier method. The idea here is that you take how much economic damages cost, and you multiply with a number from 1.5 to 5 or more, depending on the situation. For example, if economic damages are $50000, and you use a multiplier of 3, then the pain and suffering costs are $150000, so the responsibly party has to pay $200000 in damages.
Another method is the per diem method. In this case, you assign a daily value for each day that you had to suffer through. If you have a $100 per day number, then 200 days will lead to $20000 in damages. Both methods are widely used in the case of personal injury situations, and that’s certainly a thing you have to take into consideration here.
What is the role of a personal injury attorney?
The attorney will focus on making sure that your case’s worth is calculated properly. A very common issue is that a lot of people tend to undervalue their claims. And while that might not seem like much, it’s definitely an issue when you could be getting a lot more from the case. That’s why you want to hire the right personal injury attorney, as he will help you get the right results and not worry about underestimating your claims in the first place.
It’s very important to have a good idea of how much your case is worth, and getting a good personal injury attorney in Orlando will help you do that. Yes, it can take a bit to narrow down all the details, but if you do this right, you will have better results, not to mention there’s no need to worry about anything else. Do that, hire the best attorney and make sure that you gather all evidence, and in the end you will know the true worth of your case!
