How to Calculate a Personal Injury Settlement in Florida

After a traumatic accident in West Palm Beach leaves you injured, you may be ready to take legal action against the responsible party. Even when you’re sure you want to file a lawsuit, you may not know exactly how much your settlement is worth. It’ll take time to investigate your case and assess your damages before you can file a claim.

At The Law Offices of Casey D. Shomo, we have an in-depth understanding of personal injury litigation. A West Palm Beach personal injury lawyer from our team can gather evidence in your case and help calculate your economic and non-economic damages.

Keeping Track of Economic Damages After Your West Palm Beach Accident

When you are injured in an accident, you’ll likely experience many financial losses.

Medical expenses can become detrimental to your income during recovery and you may lose income from being out of work. If you were injured in a car accident or a product defect accident, you may also experience property damage. These financial losses are considered economic damages when calculating your claim.

Considering Non-Economic Damages for Your Injuries

Non-economic damages account for how your accident has affected your lifestyle. Unlike insurance claims that don’t consider these effects, personal injury lawsuits allow injured victims to recover compensation for pain and suffering, loss of enjoyment of life, loss of consortium, emotional distress, and scarring and disfigurement. 

The Possibility of Punitive Damages in Personal Injury Lawsuits

If you were in an accident in which the defendant purposely harmed you, the judge may award punitive damages on top of compensatory damages. A judge is the only one with the power to award these damages and they’re awarded as a punishment to the defendant. The judge usually awards punitive damages in cases involving abuse or drunk driving.  

Contact a West Palm Beach Personal Injury Attorney

If you’re considering a personal injury lawsuit but have questions regarding your settlement, you can contact The Law Offices of Casey D. Shomo to set up a free consultation. Our team works hard to guide clients through every step of the claims process, and we can help address your concerns.

To speak with a West Palm Beach personal injury lawyer from our team, fill out the contact form below or call 561-659-6366 to schedule a no-obligation consultation.