How Much Is My Car Accident Claim Worth?

You are probably sitting at your kitchen table staring at a stack of medical bills and worrying about the income you haven’t received because of your serious injuries. You also are likely dealing with many other negative effects of a serious auto wreck and asking yourself: How much is my car accident claim worth?

This is a valid question and one that you need an answer for. Unfortunately, no one can tell you how much your claim is worth exactly until they’ve examined all of your economic and non-economic losses. But, we have included some information on how to get an idea of how much money you’re owed for a vehicle collision you didn’t cause.

Determining the Value of Your Auto Injury Claim

For you to come up with a rough estimate as to the worth of your claim, you should start by adding up your financial losses. Financial losses are all of the costs associated with your accident. Medical expenses are a big cost that come with car crashes, as are property damage, lost income, and the cost of treatment.

You should also be aware that future financial losses can be calculated into your claim, such as medical expenses you anticipate and any future lost income. If you’re permanently disabled as a result of your collision, you can calculate the loss of earning capacity into your claim, as well.

Non-financial losses are a little trickier to calculate because they are technically priceless. Your mental health, physical pain, and life happiness aren’t easily compensated. When you work with an attorney, they will assist you in calculating your non-financial damages. They can start by comparing your case to similar cases and working from there.

Get in Touch with a Car Crash Lawyer

Remember, you can only sue for damages from an at-fault party if your injuries meet Florida’s serious injury threshold law. A West Palm Beach car accident lawyer at The Law Offices of Casey D. Shomo can assist you in determining whether you can file a claim against the negligent party. They can also help you calculate your claim’s true value.

Call 561-659-6366 or complete the case consultation form below to reach our office and receive a free claim review.