How Much Money Is Your Personal Injury Claim Worth?

If you have been injured in a serious accident, you should not be responsible for your medical expenses if the accident was not your fault. That is where a personal injury lawyer can help you, but how much money should you expect to win through your personal injury settlement? There are a lot of factors that will play a role in the size of your settlement, and it is important for you to work with a lawyer from a reputable firm if you want to put your case in the position to be successful. Take a look at some helpful information regarding factors determining the size of your claim from the personal injury lawyers at MNHInjuryLawyers.com.

Lost Income

One factor that will play a role in the size of your personal injury settlement is the amount of income you have lost. If you are hurt and unable to return to work, you may have a difficult time drawing an income that you can use to pay your bills. You should not be responsible for your lost income if the accident was not your fault, so you may be able to pursue compensation that can replace that income. Keep in mind that you can receive a settlement that can replace not only current income that you may have lost but also future income that you may lose down the road. You need to work with a personal injury attorney who can help you maximize the size of your settlement.

Medical Expenses

You might also be entitled to compensation for your medical expenses. If you are involved in a car accident, there is a chance that the other person’s insurance policy will pay for your medical bills. Even if they don’t have enough insurance, you may be able to rely on your own health insurance policy to pay your medical expenses. There is still a chance that you could be saddled with significant out-of-pocket expenses. These are not bills that you should be responsible for, which is another reason why you need to contact a personal injury lawyer who can help you pursue compensation for your medical bills.

Property Damage

Finally, you may also be dealing with property damage. Property damage comes in many shapes and forms. For example, if you are involved in a motor vehicle accident, you may have suffered car damage. Or, if you were injured in a workplace accident, you may have some personal equipment that has been damaged. Property damage could play a role in the size of your personal injury claim. If the other person does not have enough insurance to reimburse you for property damage, you may be able to pursue compensation from them directly. After an accident, you deserve to focus your attention on your medical recovery, so rely on a personal injury attorney who can help you file an injury claim that could cover some of these expenses.

Work With a Personal Injury Lawyer

While there are a lot of factors that could play a role in how much money you receiving your settlement, it is critical for you to file your personal injury claim in a timely manner. There could be a statute of limitations that limits the amount of time you have to file a claim, and you do not want to miss your window of opportunity. Keep in mind that this is not necessarily something that you have to go through on your own. If you have questions or concerns about this process, you need to consult a legal professional who can point you in the right direction.

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