What is Meant by the Value of My Personal Injury ClaimIf you have been hurt or suffered other damages in an accident that was not your fault, you may be thinking about filing a personal injury claim against the person, persons or entity that was at fault for your injuries. If you have contacted a personal injury attorney about your case, one of the important aspects of your personal injury case is the value of your personal injury claim. You may wonder what is meant by the value of my personal injury claim.
Being in an accident is usually a frightening and traumatic experience. It is something that you may replay over and over again in your mind. It may cause a lot of mental and emotional pain and anguish, especially if the accident was not your fault.
Your feel like you should be compensated for your injuries and damages that you suffered in the accident. You believe the one responsible for the accident should be held accountable. So, you decide to initiate a personal injury claim.
Almost never a good decision
It is almost never a good decision to try and handle a personal injury claim, yourself. You will be dealing with an insurance company in matters where the insurance company has a great deal of knowledge and experience. The chances are that you have little knowledge and no experience in how to handle a personal injury claim.
Also, the insurance company of the one at fault for your accident will most certainly have a lawyer or team of lawyers who are experienced in personal injury law representing them. It would be foolish indeed to try to represent yourself in a settlement or court of law against professional attorneys.
With these things in mind, you contact a personal injury attorney. One of the things that will likely determine whether or not that personal injury attorney takes your case is the value of your case.
Value of your personal injury claim
Simply put, the value of your personal injury claim is what the claim is worth. This means what you claim is worth in a court of law. The only way that a court of law can compensate you for your injuries and damages from an accident that was not your fault is with a monetary amount. The value of your personal injury claim is the monetary amount that you may expect to recover if you win your claim.
While no one can know for sure what monetary amount your personal injury claim is worth or what monetary amount you may be able to recover, a personal injury attorney will usually have a good idea of what your claim is worth after looking over your case and the injuries and damages that you have suffered.
Personal injury attorneys are like everyone else. They have to make a living. The greater the value of your personal injury claim and the stronger your case is, the more likely it will be that a personal injury attorney will take your case. This is due to the fact that most personal injury attorneys work on a contingency basis. This means that you do not owe them anything unless they win your case. The way they are paid is that they receive a percentage of whatever amount the court awards you.
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