Personal injuries happen all of the time, as any personal injury lawyer knows all too well. If you have ever sustained a personal injury in any situation, you likely want to seek compensation from the guilty party. You can easily do this if you seek the right legal counsel to help you craft a great lawsuit. However, you also must know how to calculate the value of your personal injury in dollars.

You have value as a person. Your lawyer knows that and he or she will urge you to file a personal injury lawsuit for this reason. After all, you have suffered substantially monetarily, physically, and emotionally. You can enter into a negotiated settlement. The guilty party, the injured person, their insurance company reps, and their lawyers all enter into a discussion in which all parties mutually decide the amount of monetary compensation to award the injured person. You should know that your personal injury lawsuit will likely be settled out of court because personal injury trials are rare.

How are personal injury awards calculated?

A lawyer will tell you that the amount of money you will receive in your settlement (either in court or out of court) will depend on its calculated value. That may lead you to wonder how personal injury awards are calculated. Your monetary award will be classified as compensatory. This means you will be given the money from the guilty party or his or her insurance company which will allow you to pay your medical and other expenses, and which will replace any wages you may have lost because of your inability to work. However, you may or may not receive an award for emotional hardships you may have endured because of your injury because this is difficult to quantify.

Your personal injury lawyer in Madera & Porterville will inform you that you will be eligible to receive monetary awards for the following types of common personal injury treatments:

● Medical treatment – compensation for medical bills is virtually guaranteed
● Income – you will be reimbursed for lost wages
● Property loss – you will receive money to help you repair or replace any property that may have been damaged or lost because of the accident.
● Pain and suffering – you may get compensation for this. This is especially true if the pain and suffering are continuous
● Emotional distress – this is awarded in very serious accidents and compensates the victim for any psychological distress and resulting expenses he or she may have endured
● Loss of enjoyment – you will receive monetary damages if your injury temporarily or permanently prohibits you from engaging in your hobbies
● Loss of consortium – this compensates you for any negative effects the injury may have had on your personal relationships. A good example is the loss of a healthy sexual life.

Personal injury cases have value. You and your personal injury lawyer can build a case that will help you win the monetary awards you want and need providing you are fully aware of the information and pointers discussed above.