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How to Get the Compensation You Deserve in a Personal Injury Settlement It is not uncommon for medical bills to rapidly become out of control following an accident. It is crucial to know your options and to receive the settlement you're entitled to. One option is to pursue a personal injury settlement. The amount you can receive in this manner is contingent on many factors including your injuries and the other party's liability. Medical expenses Medical expenses comprise a large part of most personal injury cases. They can range from several hundred dollars to several thousand, depending on the extent of the injuries and whether ongoing treatment is needed. In many cases, victims are compensated for future medical costs along with current medical bills. This includes doctor visits, medication, physical therapy and ambulance rides, hospitalization and other care costs. There are a few things that accident victims must know when making an insurance claim. First, these expenses must be documented so that the settlement can be calculated. The next step is to give all receipts and medical records to the plaintiff's lawyer. These documents will allow the attorney to know the amount you've spent and how many future treatments will cost. Your lawyer may also have to request a professional medical expert witness, who will provide testimony regarding your injuries and their consequences. The witness may not have seen you in any way, but he or she can determine the treatment that is required and the time it will take to heal. After the claim is settled, the medical bills could be paid from the settlement or jury verdict awarded to you. In certain instances your health insurance company may claim a lien against your settlement to recover amount it paid on your behalf to cover your medical treatment. This is referred to as subrogation. This lien can reduce your total amount from the defendant. It also includes any costs associated with the case or attorney costs. Remember that the insurer company of the defendant might try to reduce the amount of your medical bills if they're deemed “unreasonably expensive.” This is often referred to as the “nickel-and-diming” procedure. This is prevented by being truthful about your damages from the beginning of your case. The personal injury lawyer will work with you to make sure you receive the full amount of compensation. LOST Local Workers The loss of wages can be a devastating financial burden following an injury that is personal. It isn't easy to figure out ways of paying your bills when you are recovering from an injury at work, or from an auto accident. As a result, it's essential to know how lost wages are calculated and proved in a personal injury claim. personal injury law firm palatine is essential to prove that you were in a position of inability or unwillingness to work at your job and that the time you missed work was directly connected to the accident. You can prove that you lost wages by obtaining documentation from the employer. Ask your employer to provide an official statement that lists your name, your position and pay rate. Also, the number of work days that you worked before and after the accident. To support your claim, you should also attach paystubs and other evidence of earnings. A personal injury lawyer can help you obtain the evidence you require to prove the loss of wages in your case. This can include your paystubs or tax returns, as well as other documents that prove the amount you would have earned during the period you were not able to work. In addition to the base lost wages you may also be eligible for compensation for lost overtime bonuses, tips, and overtime. The formula used to calculate these is the same as for base lost wages, but you'll need to prove you weren't able to use them due to your accident injuries. Depending on your injuries, you may be required to prove lost earning potential. This is the amount you would have earned if you weren't injured and continued to work at your job. The process of calculating lost earning potential is more complex than proving loss of wages as it requires taking into consideration the length of time you're not able to work and the value of your employment benefits. A consultation with an attorney in the field of personal injury is a great idea before you settle your case. This will allow you to know how much you will be compensated for future lost earnings. A professional with experience in personal injury will have the expertise and experience necessary to ensure you receive the compensation you deserve following a serious car accident. For a no-cost consultation, call us today to learn more about how we can help with your personal injury case. Property damage If you've been involved in an accident, you could be entitled to compensation for property damage. This could include damage to your car or home, as well as any other property damaged by the accident. You are able to collect money from someone who caused damage to your property due to negligence or carelessness. You can also seek compensation from a product manufacturer who sold you a defective piece equipment that resulted in damage to your home or vehicle. When an attorney who is specialized in personal injury work on your case, they will ensure that you receive all the compensation you are entitled to. This includes money for medical expenses, lost earnings and any other damages you might have suffered as a result of the accident. You may be able to receive more or less money depending on the extent of your injuries and the circumstances that led to the incident. Your lawyer will determine the extent of your injuries, and assist you in deciding how much to request as an amount of settlement. While you might be tempted to accept the first offer you receive from an insurance company, it is always recommended to take your time and negotiate. An experienced attorney can help you negotiate more effectively and efficiently. Your personal injury lawyer can calculate your economic and non-economic damages. This is a more precise way to calculate your financial losses. The non-economic damages include pain and suffering emotional distress and other losses. After your attorney has estimated your damages, you will be required to submit an insurance company. This is the amount your lawyer believes you owe in compensation for the harm you've suffered. The final step is to collect the evidence that you need to support your demand. This includes photos, witness statements, and other documents. Many people are surprised to learn that it can take months for a personal injury case before a judge to be resolved. Half of our readers settled their cases within two to one year. 30% waited more than one year. The two most painful aspects of life are suffering and pain In the case of personal injury settlements, pain and suffering can be classified as a non-economic type. These damages can include physical pain and emotional suffering related to an injury. They are difficult to quantify Therefore, it is vital to gather evidence that illustrates the severity of your injuries and the impact they have on your life. In certain instances, these economic damages are more significant than the financial settlement you receive for medical expenses and lost wages. For instance, if, for example, you suffered a major back injury and are now experiencing constant pain the quality of your life has significantly diminished. When determining the amount you'll get in a settlement, it is crucial to take into consideration the severity of your losses. In general the more serious and severe the injuries, the greater the settlement. Proving the severity of your injuries is an arduous task, but it can be done with the assistance of a knowledgeable personal injury attorney. Your medical records can provide valuable evidence, as can statements from doctors and mental health professionals. Testimony from relatives and friends members can also provide valuable insight into how your injuries have affected your life. They can confirm the physical and emotional trauma you've experienced, including any changes in your personality or behavior. Insurance companies usually use two methods to calculate the value of a plaintiff's pain and suffering damages. The most common method is the “multiplier” method which uses a multiplier of 1.5 and 5. To get a sense of how a multiplier can affect your case, let's consider an example of a plaintiff who has an injury that requires extensive medical treatment and a lengthy recovery process. She loses five weeks of her work and incurs $10,000 in medical bills. Using this multiplier, she could likely recover a total of $3.2 million. In addition to this amount, she would be eligible for pain and suffering/non-economic damages that equal $64,800 (180 days of suffering multiplied by $360 per day). A skilled personal injury attorney who has dealt with insurance companies is the best way to prove your suffering and pain. They can gather evidence and present your case to a jury.