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How to Know What Your Injury Claim is Worth

By Hess & Nghiem on January 25, 2021

If you recently suffered an injury that could be the fault of another party, you deserve compensation under California law. How much your claim is worth depends on various factors. It’s best to consult with a personal injury attorney to determine your claim’s value.

With medical bills piling up, paychecks not coming in, and having to keep the rest of your budget afloat, it’s only natural to wonder what your injury claim is worth. When you hire Santa Ana personal injury lawyers, they can tell you what your claim might be worth and act to maximize your compensation. 

Your Compensable Damages

A claim’s value is primarily rooted in the injured party’s financial and other losses, also referred to as damages. Most cases have economic and non-economic damages that should be compensated. Economic damages refer to the hard costs of the injury, for example, lost wages and medical expenses. On the other hand, non-economic damages are a bit more complex. Their value isn’t objective. Also known as general damages, some examples are:

  • Pain and suffering
  • Mental anguish
  • Loss of consortium
  • Loss of enjoyment of life
  • Scarring and disfigurement

Santa Ana personal injury attorneys can help ensure that all of your damages are included in your claim.  Your economic damages or special damages are worth what you paid for them or are being charged for them. Your non-economic damages are typically worth between one and five times, known as a multiplier, of the value of your economic damages.

Special Circumstances That Can Increase Claim Value

Some circumstances can increase the value of your claim. They come with increased medical bills and typically give rise to a higher multiplier when calculating the value of your total damages. For example, an injured individual who is left paralyzed will receive more than someone who is not. Someone who lost a limb or a bodily function will typically garner a higher settlement. The value of a claim not only depends on the damages but the severity of the victim’s losses. If you suffered a severe, life-changing injury, you need Santa Ana personal injury lawyers on your side.

Factors that Can Decrease a Claim’s Value

Many factors can decrease the value of a claim. Some of these factors include:

  • Your own potential liability in causing your injury
  • The policy limits for any applicable insurance coverage
  • A lack of reliable evidence

By working with an experienced attorney who can minimize the impact of these factors on your claim, you can ensure you get the highest settlement possible. 

Consult with Santa Ana Personal Injury Lawyers

Finally, the only reliable way to determine what your personal injury claim is really worth is to consult with Santa Ana personal injury attorneys. Having successfully represented many clients in the past, they have the knowledge and experience to provide you with an accurate estimate of what your claim could be worth. 

Schedule your personal injury case review today with Santa Ana personal injury attorneys at Hess & Nghiem. Call (657) 333-5726 or connect with us online today.

Posted in: Personal Injury