Determining the Value of Your Personal Injury Case

Explaining What Determines the Value of a Personal Injury Case

man and woman negotiating settlement after car accidentSurely no other question you ask your St. Augustine accident attorney is as important as, “What can I get for my case?” Receiving enough compensation to cover your medical costs and loss of wages is vital to your financial well-being, and you may want a bit more for all the trouble you have been put through. But just what is an appropriate settlement amount, and how is it determined?

How Are Injury Claims Valued?

Your attorney has worked with many clients in the past and will be able to make a fair determination of your case value. Before he does so, he will need to take into account all the relevant factors in your case:

  • The specifics of the accident
  • Whether you share any blame
  • The extent of your injuries, etc.

He will then discuss with you the value he considers appropriate.

Why Asking for a Huge Settlement Isn't Always the Best Option

We all have read stories of individuals being awarded vast sums in personal injury cases. Such instances are by far the exception, however; indeed, in most cases, these are appealed and ultimately the claimant receives substantially less than the millions he/she was originally awarded. You may wonder what there is to lose by going for as high a settlement as possible.

The problem is that if your St. Augustine accident attorney demands an extremely disproportionate settlement the insurance company may well dig in their heels and refuse to settle at all. This is because they will feel your attorney is being unreasonable, and that it is, therefore, more financially prudent to allow the case to go to trial.

What Is a Good Settlement Offer?

Your attorney will be unlikely to shoot for the moon unless your case is extraordinary. Instead, he will send a demand to the insurance company that is higher than he expects you will ultimately receive, but which is still within reason. The insurer will respond with a figure that is lower, thereby giving both sides room for negotiation.

If you have been injured in an accident that was the fault of another, you may wish to pursue a personal injury claim.

A St. Augustine accident attorney can help you achieve a settlement. Call the Attorneys at Canan Law today at (904) 849-2266.

Categories

Hear From Past Clients

    He Earned My Respect & Trust

    “Andrew came highly recommended by a friend who is a lawyer. In the courtroom, he is incredibly prepared. In giving advice, he steers his clients down the right road. I feel like was looking out for my best interest.”

    - Chip S.
    Very Grateful

    “Everyone at Canan Law was friendly and hospitable. Attorney John Westfield was very professional. He listened very well and always had our best interests in mind. Most importantly, he was prepared in court.”

    - Markell F.
    Thank You For Everything You Have Done

    “Their entire team was very professional and knowledgeable about my specific case. They took time to explain in detail what they were doing every step of the way. I was EXTREMELY satisfied with the end result.”

    - Hamid B.
    I Couldn't Be Happier

    “A wealth of talent at this firm. Responsive and direct; they valued my time and money. My outcome was exactly what I expected despite the many changes that I presented them.”

    - Steve K.
    Very Pleased with Every Aspect

    “I was very pleased with every aspect of Canan Law. They walked us through a difficult situation and were available and courteous throughout. I felt they heard and understood me.”

    - Dana P.
/

The Firm You Can Trust

Put Our Team On Your Side Today
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.