How to Calculate Personal Injury Compensation

Person Calculating Personal Injury Compensation on a Calculator

If you have incurred injuries as a result of another party’s carelessness, you should know that you may be eligible to collect compensation for your losses. This compensation can be used to pay for your damages and ease the financial burdens your injury has caused you to suffer.

Every case is unique. Therefore, it is important to understand how compensation is calculated. If you have suffered from an injury because of someone else’s negligence, contact the skilled Atlanta personal injury lawyers at Allen & Scofield Injury Lawyers, LLC. We can help you calculate how much personal injury compensation you may be entitled to recover, and ensure your legal rights remain protected. Call us at (404) 419-6674 today, or reach out online to schedule a free case consultation.

What Factors Affect Compensation in Personal Injury Cases?

Many different factors will influence how much money you are potentially eligible to recover after filing a personal injury claim. Most people understand that the more serious your injury is, the more money you might be able to collect. Here are some of the specific factors that might lead to higher compensation:

  • A longer recovery period
  • A permanent consequence, such as loss of vision or disfigurement
  • An injury that requires long-term hospitalization or treatment
  • A hard injury to the head or a joint
  • An injury that requires constant medication
  • An injury that makes it difficult for you to work and complete everyday tasks

Types of Compensation Available to You After an Accident or Injury

There are various types of personal injury compensation you might be able to collect including:

Medical Bills
Personal injury compensation should cover all of your current and future medical bills. If you need long-term rehabilitation and physical therapy, these costs will need to be evaluated before you ever agree to settle your case.

Lost Wages
Although it is relatively simple to calculate the wages that have been lost because of missed time from work due to your injuries, it is more challenging to determine how to compensate you for your future lost wages. The amount you receive for your lost income will be higher if you are unable to return to your previous job, or if you will need to pursue a different career, or if you are unable to work again.

Pain and Suffering
The severity of your injuries and their symptoms will determine how much you may be able to collect for your pain and suffering. How your injury will affect your life in the future will play a vital role in calculating your pain and suffering.

While medical bills and lost wages are known as special damages, pain and suffering is categorized as a general damage. It is difficult to place a dollar amount on pain and suffering, loss of consortium, and other general damages, but we can help you come up with a formula that fairly compensates you.

Why Should You Hire an Experienced Personal Injury Attorney?

Although many personal injury compensation calculators are floating around the internet, it is essential to hire an experienced lawyer to help calculate the value of your claim. A personal injury attorney can take the time to get to know the details of your case and collect evidence that will help enhance the value of your case.

If you attempt to calculate your potential personal injury compensation on your own by researching it online, you will may inadvertently accept a low-ball settlement offer from the insurance company if you miscalculated the figures. Many of these online settlement calculators are secretly run by the insurance companies so that claimants like you are led to believe you’re entitled to receive less compensation than you deserve. With an experienced lawyer by your side, you can ensure you receive the compensation you deserve under the law.

Have You Been Injured By Another Party’s Negligence? Contact Us Today for Help

If someone else’s negligent acts have hurt you, it is in your best interest to reach out to a personal injury lawyer at Allen & Scofield Injury Lawyers, LLC right away. We can calculate personal injury compensation on your behalf and ensure you are treated fairly. For a free, no-obligation evaluation, contact us at (404) 419-6674 today.

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