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How Much Is My Richmond Personal Injury Claim Worth?

If you’ve been injured in an accident, you already understand how much an accident can affect you financially and emotionally. You could be dealing with lost income due to missed time from work. In some cases, accident victims even lose their jobs because they can’t return to work right away or their injury is permanent.

You could also be faced with medical expenses, physical pain, physical therapy costs, and mental anguish. These are only a few examples of damages that personal injury victims experience—you could be dealing with much more. It’s only natural for you to be asking: How much is my Richmond personal injury claim worth?

Understanding the Value of a Personal Injury Claim

Determining the value of a personal injury action starts with adding the financial losses your accident has produced. For instance, if your accident created medical bills, lost income, property damage, and other costs, you can add up the value of all of those financial costs.

You can also calculate future costs into your claim, too, such as future medical bills, future lost income, and future mental health treatment costs.

The other side of the personal injury valuation coin is adding up your non-financial losses. How do you add up losses that aren’t associated with a monetary value, such as emotional trauma after a car accident?

It’s not easy, but it can be done. One way you can do this is by documenting all the negative effects of your accident, such as permanent injury, physical pain, and lost life enjoyment.

After you document these accident-related issues, you must figure out how much monetary compensation would offset those losses. How much money would make you feel whole again? This can be done in a variety of ways, and there is no right answer. What’s right for you might not be right for a different accident victim.

A personal injury lawyer at our firm can help you to place a value on your non-financial losses and help you calculate the total value of your injury claim. They could also work to see that you reach your claim goals.

Get Ahold of a Richmond Personal Injury Attorney

Figuring out how much your Richmond personal injury claim is worth can be a challenge, but your attorney can help you come up with a fair assessment of your claim value. Call a personal injury attorney with Halperin Law Center at 804-527-0100. You can also reach us through the secure internet form below. Get your free case review by contacting our law firm.