You have faced a personal injury, and now you are confused about how much to claim. If this is the case, you must think about the losses you have gone through to decide on a fair settlement amount. Most importantly, having a personal injury lawyer at www.stanolawfirm.com by your side will help you make the right decision. To make things easier and smooth for you, we have listed down the most important deciding factors to decide on the settlement amount:
Medical Expenses
If you have suffered injuries due to the accident, you must bear the medical expenses needed to treat the injuries. No matter if the injury is minor or something severe, you must include this in your compensation amount. If the injury is life-long, when you may have spent much money in the long run, you must consider this fact too.
Property Damage
Has the accident caused any kind of damage to your property? Maybe your car is completely ruined, and even your laptop is damaged during the accident. You must consider such property damage while negotiating with third parties.
Emotional Loss
Apart from the physical injuries, the incident has caused you unbearable emotional trauma. You may be spending sleepless nights, and your anxiety levels are high. The stress you are going through has caused much impact on your mental health. Considering the importance of your mental health, it is essential to consider the mental agony while coming up with a fair settlement amount.
Loss of Wages
The incident has made you unfit to go to work. As you are unable to go to work for a couple of days, you have faced the loss of wages. And, if the injury is severe, the loss is higher, and so, you must demand higher too.
To sum up, these are some important factors you must consider, while you are negotiating with the involved parties and the insurance companies. They will definitely try to convince you of a lower amount, and you may feel confused in such a scenario, and this is precisely why it is essential to get in touch with a personal injury lawyer. Enough of crying over things, it is time to take some action to come out of the mess created by the unfortunate incident.