Being a victim of an accident can have a significant impact on your life, both financially and physically. If you or a loved one has been injured due to someone’s wrongdoing or negligence, you may be entitled to compensation for your injury and damage.
However, determining the value of your PI claim can be challenging. Hence, you need an experienced personal injury lawyer to help you in the legal process. Right from determining liability to arguing for your cause in court, these legal professionals will be by your side until you get fair compensation for your losses.
This article will enlighten you on the factors that influence the compensation that can be awarded to you in a personal injury case.
Factors That Influence The Compensation Awarded In A PI Case
Your injury
One of the significant factors that can influence the compensation awarded in a PI case is the severity of your injuries. Severe injuries that result in chronic pain, disability, permanent impairment, and long-term disability typically warrant substantial compensation.
Expert testimony, ongoing treatment plans, and medical records are vital in documenting the extent of your injuries and their impact on your life.
Your Earning Capacity And Lost Income
If your personal injury has affected your ability to work or earn a living, you are entitled to compensation for poor earning capacity and lost income. This includes payment lost due to time spent on recovery and future income you may lose due to your accident.
Documenting employment records, lost wages, and witness testimony can help support your PI claim for economic damages. There are diverse types of loss of earnings claims that you can make depending on your current employment situation. Below is an overview to provide more detailed advice based on your present condition.
- Employed: If you were employed and didn’t receive any payment for the duration you were off work, your lawyer will visit the liable party and give them the complete details of the financial loss you suffered.
- Self-employed: If you are self-employed, you will have to provide the details of the income lost when recovering from the accident.
All Your Medical Expenses
The cost of rehabilitation, physical therapy, and medical treatment for your personal injury is a crucial factor influencing the compensation awarded in a PI case. This expense includes
- Prescription medication
- Doctor’s visits
- Hospital bills
- Surgeries
- Assistive devices
A comprehensive record of all medical expenses incurred due to your damage or injury is vital to accurately calculating your damages.
Your Emotional Losses
Pain and suffering, loss of enjoyment of life, and emotional distress also influence the compensation you can be awarded in a PI case. The damages you sustain can be challenging to calculate but are also vital in recognizing the full extent of your injury or loss.
Also, factors such as the length of your suffering, the severity of your pain, and the impact on your day-to-day activities will influence the compensation you can seek.
Conclusion
The compensation awarded in a personal injury case depends on a range of factors. The average Joe will have little to no information regarding this.
This is the main reason why accident victims should seek legal assistance. The right legal professional will make sure all the victim’s losses are accounted for and will not rest until a positive outcome is reached.
