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Damages: How Much is a Personal Injury Case Worth?

Damages: How Much is a Personal Injury Case Worth?

personal injury lawyer copyWhen you reach out to a lawyer regarding your personal injury case, one of the first questions that you might have is how much you can collect in compensation. There is no set number in which you can expect to receive from a personal injury case. The value of your case will vary, depending on many details.

Factors That Make Up Your Personal Injury Case Value

Your compensation amount is made up from the following factors:

 

  • The cost of your immediate medical bills
  • The expected cost of your ongoing medical bills
  • The amount of lost wages following the accident
  • The amount of lost benefits following the accident
  • Whether or not your income will be diminished
  • Whether or not you experienced pain and suffering
  • If any of your property was damaged
  • If the accident was negligent or intentional

Each of these factors goes into valuing your case. It can be beneficial to work with a personal injury lawyer to ensure that you’re considering the many ways in which an accident can affect your life, both now, and in the future.

Other Factors That Can Affect Compensation

There are also other factors to consider that can affect your compensation amount, including whether or not you were partially to blame for the accident.
New Jersey is a comparative negligence state. This means that if more than one party is at fault, you must be less at fault in order to collect any compensation. Additionally, the state of New Jersey will reduce your compensation amount by the percentage in which you were found to be at-fault for the accident.

Reasons to Consider Working With a Personal Injury Lawyer

There are many reasons to consider working with a personal injury lawyer, including a better understanding of what to expect from the legal process and the ability to focus on your recovery. Another reason to consider working with a lawyer is that when individuals work with a personal injury lawyer, they are not only more likely to get a higher settlement amount, but they are also more likely to get paid faster.

Personal injury lawyers offer the following benefits:

  • Previous knowledge of the legal system
  • More persistent communication with insurance companies
  • Resources to effectively build your case and identify fault
  • Ability to value your case based on pre-set standards

Your personal injury team will collect necessary documentation like witness reports and photographs from the scene of the accident to determine who is at fault. It might also include bringing in expert witnesses to offer guidance on things like pain and suffering and diminished earning capacity.

Your legal team will ensure that you stick to the state’s statute of limitations. New Jersey requires all personal injury cases to be filed within two years from the date of the accident. Waiting too long to begin collecting documentation or to file could deem you ineligible for compensation that you deserve.

Determining Punitive Damages

Many injured parties wonder if they will be eligible for punitive damages. Punitive damages includes compensation that is meant to punish the responsible party, rather than to make up for damages. Punitive damages are often reserved for certain cases in which the individual was knowingly or carelessly negligent.

Contact a Hamilton Personal Injury Lawyer to Discuss Your Personal Injury Case in New Jersey

Did you or a loved one sustain serious injuries due to a personal injury in New Jersey? Don’t let the medical bills pile up while you wait for the negligent party or their insurance company to do the right thing. Right now, you need an aggressive personal injury attorney on your side, fighting to get you the compensation you need, want, and deserve. The skilled attorneys at Brown Law represent clients injured because of a personal injury in Egg Harbor, Atlantic City, Galloway Township, Hamilton, and throughout New Jersey. Call (609) 344-8270 or fill out our online contact form to schedule a free consultation about your case. We have an office conveniently located at 3123 Atlantic Ave, Suite 201, Atlantic City, NJ.

The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.

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