How Much to Ask For in a Personal Injury Settlement
November 6th, 2020|
You may have been involved in an accident that left you badly injured, and you may be wondering how much to ask for in a personal injury settlement.
After filing your personal injury lawsuit in court, an attorney can present your case to a jury who will have the ability to award monetary compensation for injuries sustained.
When you file a personal injury lawsuit in court, you can seek out advice from an attorney, and he or she will advise you about the steps recommended to increase the probability of a favorable outcome. One of these steps is to come up with a monetary “demand,” which is really a negotiation starting. It is what you are asking the at-fault motorist, and his/her insurance company, to pay to make you “whole.” In some cases the monetary “demand” will be the reported policy limits; that is, all of the available insurance coverage. Depending on the severity of your injuries, the insurance company may meet your demand and pay all available insurance. In most cases, however, that is not the case. This is because insurance companies are in the business of making money and if they willingly paid out the full policy limit on every claim, they would not make a lot of money. The key, then, when it comes to negotiating with insurance companies, is to have a good gauge of an acceptable settlement range. With this acceptable settlement range in mind, you can intelligently develop and propose a settlement demand figure and help facilitate settlement discussions. If settlement discussions are not productive, you can move forward with the case, be it mediation, trial, or an appeal.
When you hire an attorney that attorney can help you set a settlement demand that can help compensate you for your losses.
How much to ask for in a personal injury settlement depends on several factors. One of these factors is the severity of your injuries. If your injuries have affected your ability to work and make a living, then you might be entitled to receive a large settlement. A good attorney can help you determine how much to ask for in a personal injury case since the amount of money that you’re entitled to receive depends on the severity and extent of your injuries.
There are many factors that will determine how much you are eligible to receive in a personal injury case. Your attorney will give you guidance to help determine how much to ask for.
Types of Injuries
Damages can be both physical and psychological in nature. Physical injuries may require major surgery, and emotional wounds—though they cannot be seen on an X-ray—can take time to heal.
Your personal injury attorney will evaluate the circumstances of your accident and recommend the best course of action based on the circumstances. If your injury was caused by another person, your personal injury lawyer may seek to bring legal action against that person.
Injured? Call William Mattar
An experienced personal injury attorney should be able to explain the process to you from start to finish and be able to answer your questions. It is important that you find a qualified attorney so you can get maximum compensation. Contact the injury lawyers at William Mattar law offices by calling 844-444-4444 or via our online contact form.