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How Much Is My Tampa Personal Injury Claim Worth?

It is not uncommon for injury victims who are considering pursuing a claim to wonder how much they can expect to be awarded. Unfortunately, there is not a set figure that every injury victim will be entitled to, as every person suffers in different ways after being involved in an accident.

However, the way the value of a claim is calculated is generally the same for most cases. Continue reading to learn more about the various losses that are taken into consideration when your lawyer is trying to figure out how much your Tampa personal injury claim is worth.

The Value of Financial Losses

The first step in finding how much your claim is worth is to take an inventory of your financial losses. Also known as economic damages, your financial losses might include things like your loss of income, the total amount of your medical bills, any future medical treatment or care you might need, the costs of any property damage, and the damage to your earning capacity.

These losses are the easiest to quantify, as they all already have a monetary value. The same cannot be said for non-economic damages, though.

Understanding Non-Economic Damages

Non-economic damages are more difficult to discuss for a number of different reasons. First, they consist of all the ways your life has been affected by the accident and/or your injuries, meaning some of these losses may be more sensitive to talk about with your lawyer.

Your diminished quality of life, damage to your relationship with your family, any scarring or disfigurement you endured, pain and suffering, and emotional distress would all fall under the category of non-economic damages.

To figure out how much your claim is worth, your lawyer will need to place a monetary value on these losses and then combine them with your economic damages to obtain a reasonable estimate of the total value of your personal injury claim in Tampa.

Meet with a Tampa Personal Injury Lawyer

If you have further questions about how the value of your civil claim is calculated, or if you are ready to pursue your lawsuit but need exceptional legal representation, contact a qualified Tampa personal injury lawyer at Anderson & Anderson who can answer your personal injury questions.

You can give our office a call at 813-251-0072 or fill out the brief contact form included at the bottom of this page when you are ready to schedule your free, no-obligation consultation.