Filing a personal injury lawsuit after an accident may be an option if you need to recover compensation to help pay for your damages and recovery. However, many victims want to weigh the costs against any potential gains. That means they end up asking, “How much is my accident worth?”
Calculating accident compensation is a complex process. There is no standard answer for this question since every case is different. However, a combination of experience, expertise, and information about the accident can let an experienced personal injury attorney give you an idea of what to expect. Learn more about calculating accident compensation in this video from the legal team at Phillips Carson Phillips.
Transcript:
“The general rule of thumb used to be a personal injury case was worth – the value of the case was three times the amount of the hard medicals. Insurance companies don’t give a lot of credence to chiropractic bills or some physical therapy bills, depending. There are some medical facilities that have sprung up across the country, not just in Chatham County, that they will provide services at an inflated rate, knowing that they’re going to reduce the bills down the road. We try to send our clients to reputable physicians. Generally speaking, if your medical bills are somewhere in the neighborhood of say $30,000, you can expect a settlement of somewhere between 60 and 90,000, depending. A lot depends on the nature of the injury. Once again, you can run up a lot of bills on a soft tissue injury, but if you don’t have any permanent disabilities, and the case is not worth as much as someone who’s got a broken arm or a broken leg and will have probably plates or screws inserted. They have to take into account that they’ll probably develop arthritis in those areas down the road. There’s a lot to evaluate before you can really determine the true value and the amount of damages to expect in a personal injury case.”
Work With Phillips Carson Phillips to Manage Your Case
Don’t hesitate to learn more about what your case could be worth by engaging the trusted legal team from Phillips Carson Phillips. Decades of experience make us a leading option when it comes to personal injury cases. Over the years, we’ve learned a lot about calculating accident compensation and setting proper expectations. We also help you file and manage the case all the way through. Contact Phillips Carson Phillips at (912) 232-0081 to schedule a consultation.