Personal injury can bring about substantial costs such as treatment and rehabilitation costs, the cost of the loss of income, the cost related to mental health issues that might have arisen from the injury, etc. When filing a case to seek compensation for a personal injury, you are likely interested to know how much your case might be worth. This is not an easy question and the answer depends on a number of variables. In this article we take a look at the most important variables that determine how much your personal injury case is worth.
Costs related to medical care are almost always part of a personal injury case. This includes all the medical costs that have already occurred and an estimate of future medical costs, which are directly related to the injury for which the case is filed.
LOSS OF INCOME
Compensation can be retrieved for the loss of income that has already occurred because of the accident as well as for money that you won’t be able to make in the future due to the accident, the so-called “loss of earning capacity”.
If any property was damaged in the accident, you should be able to get compensated for repairs that need to be done or if the property is unrepairable, be reimbursed for the fair market value.
PAIN AND SUFFERING
Compensation can be sought for any pain and suffering caused by the accident. This includes ongoing pain that can be related to your accident.
EMOTIONAL DISTRESS AND LOSS OF ENJOYMENT
Emotional distress can severely impact someone’s life. For this reason financial compensation can also be retrieved for mental health issues that result from an accident, such as sleep issues, anxiety and fear.
Related to emotional distress is the compensation for “loss of enjoyment.” Sometimes people have a hard time finding enjoyment in their daily activities after an accident, severely decreasing their quality of life.
LOSS OF CONSORTIUM
Accidents sometimes also impact the relationship between partners and other family members. In legal terms this is called “loss of consortium,” for which compensation could be retrieved.
The amount of compensation that can be retrieved in a personal injury case is very variable and depends on many factors. This makes these types of cases often very complicated. If you’ve been the victim of a personal injury that was caused by someone else’s negligence, you should contact a personal injury attorney immediately. The experienced attorneys at The Kyle Law Firm can help you get the compensation your deserve. Contact us today to set up a free consultation.