Auto accidents can result in serious injuries having long-term consequences. If you’ve been injured in an auto accident, you may be wondering how much your case is worth and what compensation you may be entitled to. In this article, we’ll discuss the factors that determine the value of an auto accident injury case and the types of damages you may be able to recover
Factors That Determine the Value of an Auto Accident Injury Settlement
Several highly important factors determine the value of an auto accident injury case, including:
1. The Severity of Your Injuries
The severity of your injuries is a major concern in determining the value of your case. The more severe your injuries, the higher the compensation you may be entitled to receive. Injuries requiring ongoing medical treatment, such as physical therapy or surgery, will result in higher compensation.
2. Medical Expenses
Your medical bills are a crucial factor and include expenses related to hospitalization, medication, therapy, and any other medical treatment related to your injury.
3. Lost Wages
If your injuries prevent you from working, you may be entitled to compensation for lost wages, including both past and future lost wages.
4. Pain and Suffering
Pain and suffering refer to the physical and emotional distress caused by your injuries. This includes physical pain, anxiety, depression, and loss of enjoyment of life. Pain and suffering damages can be significant and often make up a large portion of your compensation.
Types of Damages You May Be Able to Recover
There are several types of damages car accident victims may be able to recover as part of your personal injury settlement, including:
1. Economic Damages
Economic damages refer to the monetary losses you’ve suffered as a result of the accident. This includes medical expenses, lost wages, property damage, and any other out-of-pocket expenses related to your injury.
2. Non-Economic Damages
Non-economic damages refer to the intangible losses you’ve suffered as a result of the accident. This includes pain and suffering, emotional distress, and loss of enjoyment of life.
3. Punitive Damages
Punitive damages may be awarded in cases where the at-fault party’s actions were particularly egregious. These damages are intended to punish the at-fault party and deter similar behavior in the future.
Contact Crosby and Crosby LLP for Help
If you’ve been injured in an auto accident in Rockford, Illinois, it’s important to seek the advice of an experienced personal injury attorney. At Crosby and Crosby LLP, our car accident lawyers have years of experience handling auto accident injury cases, and we can help you determine the value of your case and the compensation to which you may be entitled. We will fight to protect your rights and ensure that you receive the compensation you deserve.
Contact us today online or call us at 815-367-6432 to schedule a free consultation to examine your car accident case and personal injury claim.