How to Calculate Damages in a Personal Injury Lawsuit? 

Personal Injury Law Firm in Ann Arbor Michigan. Our attorneys are prepared to handle claims involving car, truck, bus, bicycle, and pedestrian accidents; slip and falls and other premises liability claims; product liability claims; claims for compensation for brain and spinal cord injury; and claims and lawsuits for wrongful death. We help clients in Ann Arbor, Detroit, and throughout Michigan recover the benefits they need and deserve. Our commitment to service is absolute. Please feel free to contact the firm at any time for advice or for help with your personal injury claim.

When you are harmed in an accident caused by carelessness, you can seek appropriate compensation for your expenditures and losses. The first step in estimating Personal Injury compensation is determining what is a fair monetary sum for your claims. It is a critical component of your case and should be completed as quickly as possible, with the assistance of an expert Folsom personal injury lawyer, for the best outcomes. 

Personal injury lawyers 

Your professional Personal Injury Lawyer will have the knowledge and talent necessary to effectively get compensation for your accident injuries. Being injured due to someone else’s thoughtless or irresponsible action will set you back in many ways. Still, it is only right that you receive appropriate compensation for all of the expenditures and non-economic losses that the accident caused you to incur. This legal practitioner has extensive experience in law practice and is most suited to assist you in obtaining the monetary compensation you deserve through discussions, settlement talks, and, if necessary, a court trial.

Personal injury claims 

Personal injury claims resulting from accidents cover a wide range of goods, some of which are monetary and others which are not. These two categories contain all fees incurred for medical treatment and recovery and property damage claims. Medical fees, follow-up treatment, counseling and rehabilitation services, equipment costs, job loss, and job retraining are just a few of the costs people try to collect through a personal injury case. Non-economic losses such as pain and suffering are more difficult to quantify. Survivors may also claim compensation if a loved one is killed in an accident. They can sue for lost income, loss of companion and guardian, and other expenses linked to the tragic death.

Calculation of compensation 

The process of collecting reasonable Personal Injury Compensation begins at the scene of the accident. On their side of the argument, the insurance adjusters will have some formula to follow, but they will not give it to you. You should do the same and keep your calculating foundation confidential. Any formula is not absolute; various variables will apply in each circumstance.

Before filing any claims, ensure that you have completed the following:

  • Establish liability
  • Document your injuries and damage
  • Make a list of claims
  • Calculate punitive damages 
  • Calculate damage claims 
  • Calculate compensation 

Once you have obtained all the information above, estimate the proper compensation for your claims within any statute of limitations.