Calculating the Value of Your Car Accident Claim: A Step-by-Step Guide
Potential clients frequenly want to know if they are entitled to compensation after a crash. The short answer is generally yes! If you've been involved in a car accident, you may be entitled to compensation for damages and injuries sustained in the collision. But how do you go about calculating the amount of compensation that you deserve? The following steps can help you get a rough estimate of the factors we use to determine the value of your claim. Calculate the value of your damages. The first step in calculating the value of your car accident claim is to determine the value of any damages you sustained in the collision. Vehicle damage is also part of this calculation. Also any personal property that was damaged or destroyed in the accident should be included. Calculate your lost wages. If you were unable to work as a result of the accident, you may be entitled to compensation for your lost wages. Take the number of days you were unable to work multipled by your average daily wage to calculate lost wages. Determine your medical expenses. If you sustained any injuries in the accident, you may be entitled to compensation for your medical expenses. This includes any costs associated with medical treatment, such as hospital bills, doctor's visits, and prescription medications. Consider your pain and suffering. In addition to damages and medical expenses, you may also be entitled to compensation for your pain and suffering. For car accidents in Florida, you must have a permenant injury to obtain pain and suffering damage. Pain and suffering is a subjective amount that is based on the severity of your injuries and the impact they have had on your life. Consult [...]