Personal injuries include a variety of claims such as pharmacy malpractice, bicycle accidents, dog bites, wrongful diagnosis, and many others. Anyone who sustains injuries caused by the negligence of other individuals has the right to be able to recover compensation for their losses. This includes medical bills, loss of income, property damage expenses, and losses caused by emotional pain and suffering. However, there are several factors that affect the total value or compensation of a personal injury claim. In order to get the maximum compensation, we have outlined some major factors that you should consider, which are in connection with your claim.
• The Severity of Injuries:
While there is a wide range of formulas used to determine the actual value of a personal injury claim, most of them revolve around the nature and extent of the injuries sustained and the amount of medical treatment that will be required to recover from them. For example, a more serious injury such as a spinal cord injury is likely to fetch more compensation than a normal, temporary injury such as a broken arm.
• Property Damage Expenses:
If an accident or incident that caused an injury also caused property damage, it also must be taken into account. When it comes to property damage, we usually talk about damage to vehicles in an accident, but costs for losses like phones, computers, sunglasses, and valuables like jewelry can also be taken into account. Even pets are considered property in these situations and may influence the total compensation amount you receive in a claim.
• Insurance Limits:
Insurance companies will never pay more compensation than what the policy allows. For example, if a person has a $300,000 auto accident liability insurance policy, but the expenses of the injuries sustained are $400,000, it will leave a significant gap between what the insurance comapny will cover and the total cost to the victim. In these situations, it may be necessary to file a lawsuit against the at-fault party with the help of the best personal injury law firm in Los Angeles to recover more compensation.
• Shared Blame:
Sometimes it may happen that the victim who sustained injuries is partially involved in the cause of these. Additionally, it is not uncommon for more than one party to be at fault in personal injury cases. This is why the state of California operates under a system of comparative negligence, meaning that the victims can still recover compensation for their claim, as long as it reflects the fault of each party involved proportionately. So, if you are found to be 30% at fault, you will receive only 70% of the compensation you filed for.
Hire the Best Personal Injury Law Firm in Los Angeles
Personal injury cases are very complicated and without a lawyer, it can get very difficult to get your deserved compensation. Grayson & Grayson is one of the best personal injury law firms in Los Angeles, with lawyers having more than 35 years of experience and expertise. We also follow a contingency plan, where you don’t have to pay us anything until we have won the case for you. Call us to schedule a free consultation.