How much is my personal injury case worth?

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Whether you are hurt in a car crash, a slip and fall, by medical negligence, or due to a vicious dog attack, you may be wondering how much your personal injury case is worth. Just like other claims, your situation involves unique circumstances. As such, your case may result in a different amount of compensation compared to others who experienced what appears to be a similar injury. Additionally, factors such as how quickly you take legal action, whether you keep track of all related expenses, and the damage laws that apply can influence what you ultimately receive if you win your case.

With over 40 attorneys on our team and decades of experience, we have helped thousands of past clients pursue and secure settlements for their losses. While past results cannot guarantee or indicate a particular outcome, it does show that we have the capacity to deliver. If you work with a personal injury lawyer at our firm, you get someone who is thoroughly vetted and aligns with our firm’s values and high level of service.

What Compensation Can Someone Receive in a Personal Injury Settlement?

While each state has different rules governing the recovery of losses, generally, all states allow an injured person to recover reasonable losses that result from a harmful accident. In other words, the person could qualify to receive the direct costs from the event—such as having to repair or replace their vehicle or seek treatment from a medical provider—and the incidental injuries, including the mental and physical pain and trauma. Our legal system divides the forms of compensation into two categories: economic (the things a person has receipts for) and non-economic (e.g., pain, suffering, and inconvenience).

In rare circumstances, an injured person may be eligible to receive punitive (or exemplary) damages. Rather than compensating the injured person for the harm they experienced, this type of award penalizes the person or institution responsible for what happened. While each state has different thresholds for when punitive measures are appropriate, a court may impose these if the party at fault acted intentionally or maliciously.

When calculating the overall worth of a personal injury claim, an injured party should account for all three of these potential categories of compensation. Additionally, an injured person might benefit from keeping careful records of what happened before, during, and after the event and the financial, physical, social, and psychological costs.

What Impacts a Casualty’s Financial Award for an Accident?

The personal injury settlement a casualty could receive from the at-fault business or person changes from one situation to the next for various reasons. Damage caps, the statute of limitations, the severity of the person’s injuries, and the type of claim all potentially play a role in the outcome of the case. For example, Maryland Code, Courts and Judicial Proceedings § 11-108 allows an injured person to request non-economic damages- what we commonly call “pain and suffering”; however, it imposes overall limits on what the person can receive, which increase each year.

The statute of limitations—or filing deadline—also affects whether someone can recover a settlement to address their injuries. The deadline depends on many things, such as the applicable state law, the type of claim, and the unique context of the accident.

For example, Maryland Code, Courts and Judicial Proceedings § 5-109 provides a limit for filing claims of three years after the harm occurred, whichever is earlier. However, someone who is a minor or experiences a specific type of injury—such as from the surgeon leaving foreign objects inside the patient which is not discovered immediately—may be able to file a claim outside this window.

Call a Personal Injury Attorney for Help Estimating the Value of a Claim

Going through a painful event caused by someone else’s negligence can feel frustrating and unfair. When you are thinking about suing and deciding whether it makes sense in your situation, you may wonder how much your injury case is worth. The settlement you might receive may depend on a host of variables, including—the extent of your losses, the allegations you are making, and whether damage caps apply.

Throughout our decades of service to our clients, we have helped them secure considerable sums to address the nebula of costs after an accident. We cannot promise that you will receive a financial award; however, we can tell you that we have a wealth of resources and tested negotiation skills that we can leverage to your advantage. Reach out to our legal team at Price Benowitz today to set up an initial consultation.

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