How to Determine What Your Claim is Worth

Many people ask the question: “How do I determine what my claim is worth?”

While no two claims are alike, and it is really impossible to tell you exactly what your particular claim may be worth, there are specific criteria that will indicate the approximate value of your claim.

1st How badly you were hurt. This is key.

a) Was the injury extremely painful, and for how long?

b) Is your pain ongoing, and how long is it expected to last?

c) Did your injury disfigure or scar you physically or emotionally?

2nd The type and cost of your medical treatment.

a) Don’t expect your claim to have much value, if you have never been treated by a specialist like an orthopod, neurologist, surgeon, or ENT specialist.

b) The length of time you have treated and the cost of your treatment will play a significant role in determining the value of your claim.

c) If medical records show that you will need future medical care – that will further increase your claim value.

3rd Lost wages, due to your injury.

a) If you lost time at work because you were treating, or physically were not able to work, that will add value.

b) If your condition is such that you will not be able to return to the same job, or may not be able to work at all, that too will significantly increase the value of your claim.

4th Lost or diminished quality of life.

Such things as activities that you can no longer enjoy, may influence value. The more important these lost activities were to your previous lifestyle, the more value they usually have.

Because there is no exact formula for determining “fair compensation”, you may want to consult with a knowledgeable personal injury attorney, about your specific circumstances, to really determine the general value level of your claim.