Your personal injury compensation is directly related to your past, present, and future medical bills. Certain other losses are also factored into the total, like out-of-pocket expenses and lost income.
Calculating the total amount of your losses, or “damages,” is never easy. It often requires putting a price on things that don’t have a monetary value, like pain, suffering, and emotional distress.
Your total demand amount certainly won’t match up with the insurance company’s offer. Your job is to get paid as much as you can, and theirs is to pay as little as they can.
Still, you need to find a dollar value for your personal injury claim, and this section helps you do that. We’ll explore how attorneys and claims adjusters arrive at their settlement amounts, and how you can use a little know-how to boost that number.
Learn More About Compensation:
What Can You Claim for Personal Injury Compensation?
You can get a higher settlement by knowing the different types of damages to include in your demand. Special and general damages directly impact the total amount you can seek for personal injury compensation.
How to Calculate Your Pain and Suffering Settlement
Winning a personal injury claim for pain and suffering can difficult. Insurance adjusters aren’t going to give you more money simply because you ask for it. You must learn how to properly calculate pain and suffering, and how you can legitimately increase the amount.
Increase Your Award by Thinking Like an Adjuster
Insurance claims adjusters have their own way of determining total damages. If you know how they evaluate things like pain and emotional distress, you can strengthen your negotiating position.
Determining Settlement Amounts with Different Injuries
This section looks at how certain factors raise or lower injury compensation. The types of injuries suffered and the circumstances surrounding those injuries can drastically influence your final settlement amount.
How Compensation Increases with Permanent Injuries
Long term disabilities and permanent injuries have a huge impact on the amount of pain and suffering compensation. These cases are complex, and should only be handled by an experienced personal injury attorney.
How Emotional Distress Affects Personal Injury Reimbursement
Emotional distress is another big factor to consider in your personal injury claim. Working this type of suffering into your claim, and proving it, isn’t always easy. But psychological symptoms can be just as real as physical symptoms, and they deserve to be compensated.
The Right Way to Include Lost Income in Your Settlement Demand
In addition to direct damages like medical bills and out-of-pocket expenses, lost employment income should be added to your demand for compensation. This section shows how to include past and future earnings in your personal injury settlement.
5 Factors That Will Affect Your Final Settlement Payout
Personal injury damages don’t always get paid in full. There are several factors which can decrease your final payout. Learn how these factors affect your settlement so you can address them when negotiating with the adjuster.
All About Property Damage in Personal Injury Claims
If your personal property was damaged due to someone else’s negligence, regardless of whether you were injured or not, you may be able to file a property damage claim for compensation.
Negotiation Tactics and Medical Terms
Saying the right thing and using the proper medical terminology can prompt the insurance adjuster to offer more money. Here we’ll look at some of the things you should and shouldn’t stress in order to get a better payoff.
Using “Outside Factors” to Negotiate a Higher Settlement Offer
There are certain tactics you can use when negotiating with the adjuster to increase your personal injury settlement. History of jury verdicts and the insured’s driving records are two influential factors that can help in your negotiations.
Getting a Nuisance Value Payout If Your Claim is Denied
If all else fails and your claim is denied, you may have to resort to a personal injury lawsuit, or at least the threat of one. Here we teach you a few negotiation strategies to get at least some compensation from the adjuster, even if she at first denies your claim.
How Much is Your Injury Claim Worth?
Find out now with a FREE case review from an attorney…
Visitor Questions on Injury Compensation
Why do I have to use my own medical auto insurance policy?
On April 29, 2016 I was rear ended. The lady wasn’t paying attention as traffic was at a complete stop. Her insurance company handled my…
How to get restitution for possible lost future earnings?
I am a city employee. I was hit while driving in my car on my way to work by an individual. In doing so, I…
Lawyers receive more than five times my compensation?
I had a lawyer for my injury case that charged me his 40%, plus filing fees, secretarial fees, copying, etc. The total settlement was for…
Knocked out when I slammed into a car that ran a stop sign…
I was in an auto accident recently. The other lady driver ran a stop sign, I locked up my brakes then wham, I hit her…
What would be a fair multiplier?
I was involved in an accident in which the other driver was 100% at fault, confirmed by the police report. My new car, a 2015…
Not enough insurance coverage?
I’m involved in an insurance claim and have been tendered an offer of the full policy amount from the other party’s insurance company, but it…
How to request compensation when I only paid a copay?
I was involved in an auto accident when I was stopped at light and rear-ended by the other party. The other party’s insurance has already…
Insurance denying lost wages and pain and suffering, but paying medical bills?
I sustained an injury to my left ankle while going up the stairs to see an apartment for cleaning by my company. The assistant property…
Current valuation method for pain and suffering settlement in Texas?
I understand that the older multiplier method may no longer be valid, but I am trying to arrive at a fair settlement for pain and…
How much is having your toenail removed worth?
While I was at local grocery store, a candle display fell on my second toe on my right foot. Blood shot out under my toenail….