We will evaluate the value of your claim by totaling the cost of your damages, and using our experience to gauge the value of your non-economic injuries. Depending on the type of claim you’re pursuing, damages may include medical expenses, property damage, lost income, and pain and suffering.
First, our team will identify the monetary cost of your damages. You may also suffer damages in the future, so we’ll calculate the likely cost of those losses as well.
Methods We May Use to Calculate the Value of Your Claim
Calculating the cost of some of your damages may be a straightforward task. For specific damage types, our team may:
- For medical bills: Gather your existing medical bills, work with your doctor to evaluate your future care needs, and total the cost of all medical care for your claim
- For lost income: Secure your past payment records to determine how much you earn, then determine how much income you will lose because of injuries
- For property damages: Get invoices for the repair of damaged property and the replacement of any property with total damage
These are common damages in many cases we handle, from car accidents to premises liability events and defective product claims.
Some variables can complicate the damage valuation process. For example, if your vehicle is five years old at the time of the accident, we’ll have to account for the loss of value over those five years. However, we know how to calculate the loss of value and arrive at a fair settlement figure, which is one way we deliver value to clients.
Calculating the Cost of Your Pain and Suffering
Pain and suffering presents a challenge, as this damage does not always have a clear monetary cost. Having handled many cases involving a client’s pain and suffering, we know how to evaluate this category of damage.
We may evaluate the cost of your pain and suffering through:
- The per diem method: Using this method, we assign a daily monetary value to your damages and determine how many days your damages will be in effect.
- The multiplier method: With the multiplier method, we multiply the cost of your economic damages (like lost income and property repairs) by a certain number. This equation will give us the cost of your non-economic damages, namely pain and suffering.
With our firm leading your claim, you won’t have to worry about these details. Our team will handle all calculations of your losses. If you are curious, we will explain how we calculated your damages.
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Recoverable Damages in a Personal Injury Claim
We cannot evaluate the value of your claim without recognizing your damages. These losses are the primary focus of any personal injury or wrongful death claim and may include:
- Medical expenses: You may face medical costs from ambulance transport, emergency treatment, medications, hospitalization, medical equipment, and other medical services or goods.
- Professional damages: Victims of negligence may lose income, earning power, bonuses, and other employment benefits.
- Property damage: Property damage frequently occurs in car, truck, and motorcycle accident claims, as well as certain other case types. Victims of other incident types, like pedestrian accidents, may also suffer property damage.
- Pain and suffering: Our clients who suffer injuries or lose a loved one generally experience pain and suffering.
You may have additional damages. Our team will conduct a full review of your losses, assigning a monetary value to each of your damages.
Recoverable Damages in Wrongful Death and Survivor Claims
Losing a loved one causes several damages, many of them severe. Some of these damages overlap with personal injury claims. A wrongful death claim or a survivor claim (brought by the personal representative of the estate for the benefit of the decedent’s estate) may involve medical expenses, pain and suffering, and property damages—the same losses you might see in a personal injury claim.
However, wrongful death and survivor claims also involve some other losses, including:
- Funeral expenses
- Counseling and other treatments for grief
- Loss of companionship
- Loss of parental guidance
- Loss of household value
- Loss of the decedent’s financial support
Our attorneys compassionately represent those who’ve lost a loved one. These victims often face financial hardship as well as emotional and psychological pain. We will pursue justice for the losses you’ve suffered.
I Want to Hire a Lawyer for My Claim; What Should I Look for in an Attorney?
Choosing a lawyer does not have to be a difficult process, so long as you stick with the most important criteria. When reviewing a law firm for your claim, consider:
- Has this law firm successfully handled claims like mine?
- Has the firm recovered significant settlements and verdicts for its clients?
- What do former clients say about the law firm?
- Does this firm serve the geographical area where my claim is taking place?
Free consultations are also valuable. You can speak with the firm at no cost or obligation. Use this opportunity to ask questions, learn more about the law firm, and see if it will handle your case.
Using all these criteria, you can choose the law firm you are most comfortable with.
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Call Jenner Law for Your Free Consultation Today
When completing your free consultations, start with Jenner Law. You may not need to make any more calls after speaking with us. An attorney from our firm may begin working on your claim today.
Don’t wait to contact us. We may face a legal deadline for filing your claim, and we want to get started on your case as soon as possible.