An accident involving serious injuries can have a lasting impact on your life and livelihood. You may face a lengthy recovery and struggle financially if you are unable to work. If you’ve been offered a settlement from an insurer, should you trust that it is a fair offer? Is there a better way to calculate the value of your case? A personal injury calculator can offer a general idea, but an experienced attorney can give you a more informed estimate.
At Sam & Ash Injury Law, our personal injury law firm has the knowledge and background to assess the value of your claim based on the specifics of the accident and our experience handling many similar cases. Before you accept any insurance settlement offer, talk to us about your situation. We want What’s Right for you. Hiring Sam & Ash Injury Law can improve your chances of receiving just compensation after a serious injury. Contact our office today to set up a free case evaluation.
Calculating Damages in a Personal Injury Claim
To seek compensation after a serious accident, you will need to file an injury claim and possibly a lawsuit. Determining the appropriate amount to seek can be tricky if you are unfamiliar with the claims process. An insurance adjuster may offer you a quick settlement. Insurance adjusters often want to resolve claims quickly to limit the insurer’s liability. A quick settlement offer generally means a lowball offer.
Insurers may justify the offer by citing Nevada’s modified comparative negligence statute. This regulation states that accident victims can recover compensation for their injuries, but the amount can be reduced according to the victim’s share of the blame for an accident. If a victim is 20 percent responsible for causing an accident, their share of compensation can be reduced by 20 percent. It is important to note that this assignment of fault only binds court decisions. However, insurers will cite the rule to justify their offer, claiming that they are basing it on what they think a court would decide.
If the victim’s level of fault exceeds that of the other individual or party, the modified comparative negligence rule bars that person from recovering any form of compensation. Assigning fault for an accident is a part of how the total value of an accident claim is calculated. You can find out by trying the personal injury settlement calculator in this page.
Factors That Impact a Personal Injury Claim
Other factors, such as the severity of your injuries, can affect how much a personal injury claim is worth. The cost of your present medical expenses is part of the calculation of the value of your claim. If you will need ongoing medical care, the anticipated cost of future medical expenses also be taken into account.
Broken bones can heal in a matter of weeks or months. A victim with a moderate or severe traumatic brain injury may have ongoing medical expenses tied to rehabilitation, physical therapy, and home health care needs. Future medical costs need to be accounted for when calculating the value of a claim.
Victims with severe injuries may face significant quality of life changes due to their injuries. All of the side effects can impact the overall value of a claim.
What Damages Are You Entitled To Seek?
In Nevada, if you have been harmed by others’ negligence or carelessness, you may be eligible to seek both economic and non-economic damages.
Economic damages are calculated by totaling quantifiable losses such as your medical expenses and loss of income from missed work. Non-economic damages are more subjective. These damages compensate victims for quality-of-life changes and mental distress. In total, you may be able to seek compensation for the following:
- Medical expenses
- Future medical expenses
- Lost wages
- Loss of future earning capacity
- Property damage
- Emotional distress
- Pain and suffering
It can be challenging to account for all the unique factors of your case. Our personal injury settlement calculator can help you determine the fair amount to claim.
What Is Your Claim Worth
After an accident, there is a lot of information to consider. You may feel pressured by insurance companies to respond quickly to their offer. Before negotiating with an insurance company, you should estimate the amount of expenses and losses you have sustained due to the injury.
Keep in mind that no two cases are alike. A personal injury calculator can give you a general idea of the value of a claim. A skilled injury attorney can review the specific factors involved in your case and offer a more detailed assessment. Who is at fault, the severity of your injuries and the insurance policies available to provide compensation can all affect the value of your claim. An experienced attorney at Sam & Ash Injury Law can negotiate on your behalf for a just settlement. If the insurance company refuses to agree to a fair settlement, our attorneys are prepared to take your case to court and demand justice.
Don’t shortchange yourself. Before you accept any insurance offer, talk to a seasoned attorney about the value of your claim. An attorney can place a value on your claim by reviewing the whole scope of your case. Review our results page to see our experience handling cases involving serious personal injuries. Our results reflect our experience standing up for injured people in Nevada and California.
Get an Estimated Value of Your Case With Our Personal Injury Settlement Calculator
At Sam & Ash Injury Law, we know that talking about compensation can be confusing. A lot of legal jargon gets thrown around and it is easy to feel overwhelmed. Try using our personal injury settlement calculator and then, we can review the facts of your case and give you an honest, understandable assessment of the value of your claim. If we handle your case, we won’t charge a legal fee unless we secure compensation for you. We handle personal injury claims on a contingency fee basis. We can then build a strong case for full and fair compensation.
Are you ready to find out what your claim is worth? Talk to our team by contacting us online and setting up a free case evaluation.