When you look to determine the value of the settlement in your
personal injury case, there are several factors involved. This means checking
out the average rates involved will not be very helpful in finding out the
rates. Every case is unique and has a number of factors with varied
implications. Understanding the factors that can maximize or minimize the
settlement amount or the ways to find their values is important in such cases.
This is why you have to consult an Injury Attorney in Los Angeles for this
purpose. Below is a discussion of various important factors to consider while
deciding the settlement amount.
Insurance companies usually provide the injured party a settlement
which comprises of medical bills and the costs involved in repairing or
replacing their property. Note that you are entitled to much more such as:
• Missed Time Off
This includes the wages or earnings you lost since you stayed away
from work. It also considers the reduced ability to work as a result of your
recovery from the physical difficulty.
• Pain and
Suffering a Loss of Pleasures of Life
There are different ways in which the injuries and accidents can
affect you adversely such as hobbies, social life, work, sports, family, or
• Loss of
This calculated the impact of your injuries and accident on your
• Incapability to
Complete Household Chores
There might be money spent over hiring someone to get your jobs done
since injuries make them impossible. They may be required to complete even the
simplest of chores.
• Property Damage
This covers the expenses incurred due to the damage to your belongings
or personal properties like bicycles, motorcycles, or automobiles. This also
covers computers, phones, and clothing.
• Medical Costs
Each medical expense linked to the injuries caused by the accident is
included. This includes long-term future medical expenses.
Under this are the expenses incurred unexpectedly such as Uber rides,
cab fare, tow trucks, prescription costs or any other expense which arose due
to your injury.
• Hired Help and
This includes the costs involved in appointing a person to take good
care of the family responsibilities or your household when you are spending
time recovering from the injuries
The quality of your lawyer also determines the settlement amount you
are able to procure. Remember the above factors when you are involved in a
personal injury trial.