How much is a personal injury case worth? south florida personal injury, Highest Paid Personal İnjury Lawyers 2022
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Did you suffer injuries in a car accident and you were wondering how much your personal injury case is worth? Check out this short video on how to value a personal injury settlement.
Hey everyone, Barry with the LawFull channel. I’m a long time personal injury lawyer here in Chicago. I also do marketing for other lawyers. On this channel you’ll find short videos on the legal topics that affect our lives. If you haven’t already, please subscribe to my channel and if you have any questions please put them in the comments section.
So how do you figure out how much your personal injury case is worth? Well first I want to tell you how not to value your case. You read a lot on the internet that you’re supposed to take your medical bills and multiply them times 2 or 3 three and that’s how much you can expect to get.
That’s a really old formula and not really applicable any more. But if you’re representing yourself and you’re trying to figure out how much to ask for you can start there.
But don’t expect the insurance company to look at that as a viable way of making you an offer.
So, if you can’t use that old formula, what do you do? Well, you look at a wide variety of factors, the first thing you need to know is there are two main types of damages – special and general damages.
Special damages are your economic damages like lost wages, medical bills and out of pocket expenses while general damages are your pain and suffering, anxiety and emotional distress.
For your special damages, it’s easy, you ask for your costs basically, if you had 5,000 in medical bills or $2500 in lost wages, you submit all your meds and if they’re verifiable, you should recover that much depending on what state you are in.
Most people don’t ask me much about their specials. The question I usually get is how much is my pain and suffering worth? This is what personal injury cases are mostly known for.
First, like I said above, there is no formula. One thing I can guarantee, your idea about how much its worth is going to be very different than the insurance company’s idea that’s for sure. And the tough part is how do you measure the value of your pain?
Well how much you can recover is based on a few factors:
First, not sure if you thought about this but the first factor is the severity of your injury – if you suffered a back sprain, your recovery is going to be significantly different than if you suffered a herniated disc. It’s a sliding scale with sprains and strains on the left and well death on the other side and everything in between.
Second it’s going to depend on the extent of your medical treatment. If you got in an accident and saw your internist once and got a massage, your recovery will be very different than someone who underwent surgery.
The third question you should ask is if you suffered any permanent damages. Will you walk with a limp the rest of your life, do you have a scar on your face from a dog bite that is never going away. Permanency is a big factor in your recovery.
Another factor that you might not have considered is – how much insurance is there? Most people do not have a lot of insurance. If you’ve got a $100k case but there’s only $25k in insurance, your maximum recovery in most cases is going to be $25k. It’s not fair but that’s the way it is.
The last factor, listen, there are many other factors, but I just want to point out that chances are, if you are represented by an attorney, you’re going to recover more than if you represent yourself. A large number of my past clients started out trying to represent themselves against Allstate or State Farm, got low balled and then realized they needed to hire an attorney.
Hey everyone, thanks for checking out this video on how much your personal injury case is worth. If you haven’t already, subscribe to my channel and if you have any other questions, reach out to me in the comments section below. If I can’t help you, I’ll find someone who can.
How much is a personal injury case worth? Highest Paid Personal İnjury Lawyers 2022, personal injury settlements
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25 thoughts on “How much is a personal injury case worth? Highest Paid Personal İnjury Lawyers 2022”
Hi. I was in a moped accident and the guy failed to yield. This was in August of last year I have a cracked bone in hand fractured elbow and possibly Permanente nerve damage. My elbow is still numb. What do you think my estimate amount is? I obviously didn’t settle. I go to the verve doctor tomorrow
Drunk driver rear ended me and my girl with my two month old baby in the car. We were both driving separate cars and both vehicles were totaled.
My girl and I have been going to physical therapy, chiropractor due to back pains, bad headaches and not being able to work or anything.
Our baby has had her bump on her head for over a month now and I’m worried.
Doctors say she’ll be okay but she was two months when the accident happened.
wanted to ask, I was involved in a hit and run last week, car was totaled. Did have a strained neck and lower back. Spoken to legal assistant to a lawyer today. I live in Indiana. But it was explained to me, that the insurance of the guy that hit me will have to pay for what my car was worth, along with my medical bills and my rental car. So, this is what it looks like. I still own 5000. on my car, it’s worth 8000. Medical, lets say runs 5000. and the rental is 600. Insurance will cover, medical and rental. It will also pay off my loan, leaving me with 3000. I stated, I had a car, and I won’t be able to replace my car for 3000. I had asked, I need more money to be able to buy a car in the same condition and mileage to the one I losted. So, I guess even though I lost my car, I was told I can’t get more money. On top of all this, I will owe the lawyer, 33 percent. Do I have to sue, in order to get what I think I need to get back my life, I just lost. Any guidance will be appreciated. Thanks
I was hit Nov 2019 and ive had 6 surgeries and more to come and i cant work i sold my business, im trying to settle it around $700 to 1million
Need help with a lawsuit on 4th party Plaintiff.
Index no 6255/13 Supreme Court County of Kings Brooklyn New York
Can you tell me how much my case is worth about. , medical about $500 and I need a fentanyl pump for pain spine pain and a stim-wave I wear on my wrist that stimulate my media nerve in my neck thays velcro to my wrist and I change it daily and charge it, there are wires implanted in my wrist? I use a walker and lost myxThank you
Hello I was hit by a drunk driver he also had commercial insurance with a 1miliion dollar policy . I’ve been in treatment for about 8 months am I working with a good case ?
A few days ago, I had an accident with a semi truck and had injuries to my neck and back.
But in the month of March, I had a car accident, and I had injuries to the neck and back, and I underwent treatment and received injections
I fully recovered in May
The question is, is it possible for the old incident that dates back to the month of March to negatively affect the settlement in this incident that happened a few days ago ? Thanks
Can you clarify the medical bills portion of economic damages and what specifically should be included. What info on a spreadsheet is needed, should EOBs or just bills included ect. I’d also love your thoughts on policy limits and how that should be approached when there is a state minimium in play. Should a person or lawyer automatically request the limit, more than the limit if their personal insurance may provide coverage or what. Love your feedback on a starting point for meaningful dialog with the at fault insurance co.
About 3 months ago I was hit by a truck and fractured my skull, and have a giant scar on my face, broke my thumb, and snapped my tibia in three places and now have a rod in my leg and will most likely limp for the rest of my life. How long do you think my case will take and how much do you think it might be worth? ( I also have no insurance so the lawyer is going for his)
I have a case now Geico offering 13k
I didn’t have insurance the law firm after hospital bills trying to give me 2700 I turned it down can I fire them and hire someone else or what should I do ? I’m a personal trainer and cable wifi installer I was doing ladder work at the time in Texas but I live in Florida
All this talk and never said anything in the ballpark of how much people can expect lol
Just curious, do you have a “serious injury threshold” like New York law does? Under New York Insurance law, the plaintiff has to show a serious injury like a fracture or permanent loss of a body part or function. There is a catchall for soft tissue injuries (an inability to perform most or all of your daily activities for 90 out of the first 180 days of the accident).
hey Me and my two daughters were T-boned out of nowhere it was absolutely not our fault My new paid for sUV was totaled & my nose broken completely and there is a huge lacerations/ scar on my eyebrow not to mention other injuries like back/neck those are just the ones on my face I live in Tennessee & Im new to all this! I did talk to a personal injury lawyer but I don’t want them to screw me over either any advice???
I need a second opinion on my case please!
What about no fault insurance law?
Hi I had a work accident in my lower back and I did a surgery i want to know what is my case and even with the surgery I still have a pain in my leg which makes me feel bad please if you could tell me what the benefits in my case thank you
I’ve got two MRIs 2 x-rays I went to physical therapy for a long time I went to the chiropractor 42 times and still my back is the same feel like it’s getting worse but I’m still not sure how much am I supposed to get for all of that and pain in suffering and lost wages
if i dont use a lawyer will the insurance company make a offer first? or do i have to?
I got accident my car with semi truck hit my car I’m doing therapy since 3 months went to hospital 4 times also 2 MRI and 2 injections
How much so far they going to pay for me?
The person who injured me had mediocre insurance so I will have to file an underinsured claim with my insurance company. Are there any pitfalls in filing with their company that would prevent me filing afterward with mine?
My wife n son Where in the Car accident involving lift She was a passenger in the lift My son suffer a concussion she had a 3 level cervical fusion n a brain injury she was in the hospital for 45 days what do you think her case is worth
For me, I was hit by a semi truck. Driver admitted ALL fault and received 3 citations from the police. As a result, I had surgery that ended with 2 mobi c implants C6 and C7. I still have numbness in my left hand 2 fingers, achey neck and headaches. All which are contents. Some days worse than others. My case hasn’t settled or gone to trial but I have wondered if this would and monetary value.