Today’s topic written by Aaron Crane, an experienced car accident lawyer in Phoenix at Cantor Crane, discusses the process of how a person’s amount of recovery after an accident is recovered. Following an accident, a victim can quickly rack up hefty medical bills and left with little money or income. Our firm will help those victims recover expenses that have been lost due to an accident or injury.
Every individual personal injury case is unique and dependent on its own relevant facts and circumstances. Still, many plaintiffs who file a personal injury claim are able to recover a substantial award or settlement when they have been injured as a result of a company’s or another person’s negligence or wrongful conduct. The amount of damages you might expect to receive in your settlement will depend upon how much property damage happened and whether or not another person was truly negligent.
The Worth Of The Case and Calculating the Recovery Amount
In addition to the property losses that you suffered, the total medical expenses you have incurred from your injuries and whether or not the defendant has sufficient insurance and adequate assets can greatly impact the determination of your recovery amount. Most often, the calculation of a settlement amount or recovery will be based on how much the case is worth. There are multiple factors that affect the value of a case, including all of the following:
● Your medical expenses
● Your age
● Any emotional pain and suffering you experienced as a result of your accident
● Potential health problems that could develop because of your accident
● Income lost for your job
● Reductions in your future earnings capacity
There are other factors that may also be relevant to arriving at a value for your case. Your attorney will review your circumstances, expenses and losses to arrive at an appropriate amount.
Future Medical Treatment Costs
When your lawyer is working to determine the value of your case, they will consider whether your accident has resulted in a loss of your ability to work and earn an income. They will also consider whether you have suffered a reduction in your quality of life as well as any future and ongoing treatment expenses your injury may require. If your accident caused you to become permanently disabled, that can impact your expected settlement award. Each day across the U.S., settlements are awarded to people who have been injured because of the negligence of others in all sorts of accidents, including slip-and-fall accidents, pedestrian and bicycling accidents, motor vehicle accidents, motorcycle accidents and many others.
The Problem of Mounting Medical Expenses Compounded by Lost Wages
As a personal injury attorney is accustomed to proper valuation of cases, seeking a consultation with one who is experienced is often the most important approach a person can take when they want to receive a settlement or recovery. It is very important for you to seek immediate medical help as your first step and then to seek legal representation. When you understand how the amounts of settlements are determined, you can gain a more-informed expectation of the potential amount of your own settlement or recovery. If you are facing the dual problem of mounting medical expenses along with lost wages, you may need to depend upon a settlement or recovery to help you survive an accident that was someone else’s fault. For help with your personal injury claim in Phoenix, contact Cantor Crane, PLLC at (602) 254-2701 today for a free initial consultation.
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