The amount of personal injury compensation will depend on different factors but mostly it will be based on your medical bills in the past and the future.
Personal injury compensation factors in what the person have lost and will lose because of the injury.
This will involve putting a dollar value to things that are not monetary in the first place. A great example for this is pain and suffering. How do you put a monetary value on that?
Insurance adjusters and the courts usually have their own formula on how they compute a value for non-monetary factors.
One thing to remember about personal injury compensation is that personal injury compensations for each person have no general worth.
It will be different for each person because there are many non-monetary factors that affect the final amount that you and the insurance companies will agree in.
To have a rough idea of what you are entitled for your personal injury compensation, the most important thing to keep in mind is “what are the liable parties’ responsibilities to you?”
• First of all, all expenses that are related to your injury must be paid by the liable party. This should include medical bills that you or your insurance company paid for, and lost income because of the injury.
• Next to be considered is the pain and suffering that was brought by the injury. This will include pain and suffering that you have already experienced and those that you may experience in the future.
• Emotional distress and damages will also be considered especially for missed experiences whether educational, social or family related.
How the type of injury affects Personal Injury Compensation
The type of injury a person sustains will also affect the amount he/she will receive from insurance companies.
The basic rule is greater injuries will result to more expensive treatment therefore resulting to greater damages.
Non-severe injuries like bruises, sprains, scrapes and scratches will probably get you compensation for your medical bills.
However, those types of injuries will probably not fetch anymore other than that. Do not expect any punitive damages to be awarded for those types of injuries.
What insurance companies fear are hard injuries. These includes broken bones and head injuries.
Head injuries are very unpredictable that is why even the slightest head injury can increase the amount of compensation you can receive.
As a result of its unpredictability, head and brain injuries are expected to affect the person for a long time with some of the damages not manifesting until after a few months or even years.
Because of its long-term effect, compensation for pain and suffering also increases.
Another example of a hard injury is broken bones. Fractured bones generally increases the damages awarded to the victim as the injuries and the pain are obvious and visible.
This is most especially true if the fracture happens on a critical spot like joints.
Broken bones are also most likely to lead to other injuries like joint pain and arthritis.
Because the injuries and the pain are only too obvious, pain and suffering damages are also increased.
How a Personal Injury Attorney helps?
Personal injury compensations are usually a result of the final agreement between you and either your or the liable party’s insurance company.
Insurance companies will try to pay you as little as possible, and without a background on how damages are computed you may not get a fair amount.
That is where a personal injury attorney comes in. Your personal injury attorney can help in negotiating the terms of your personal injury compensation that will get you a fair amount.