If you’ve been injured in an accident, you are likely wondering what your case is worth. Just as it is difficult to anticipate the length of time a case will take, it can also be difficult to determine the value of a particular case. Every injury case is different. There are, however, some key factors that can influence the value of a case. Some of these factors will lower the value of a case’s settlement, while others will cause the value to escalate.
• The Severity of Your Injuries - The most important factor influencing your claim’s worth is the severity of your injury/injuries. The more serious the injury, the more monetary value your claim will have. If your injury is less serious, it follows that the value will also lessen. Do not, however, believe the myth that the value of your case can be determined by tripling the cost of your medical expenses, and keep in mind that every case is different.
• The Permanency of Your Injuries - Another factor is the permanency of your injuries. Will you be able to fully recover? Or will you be left with permanent, disabling conditions? Just as your case’s value will raise with severity, so will it raise with permanency.
Even given these factors, it is impossible to determine the value of your case without consulting an attorney and discussing the facts of your particular case.