Learn How Pain and Suffering Damages Are Calculated in an Injury Case
Have you suffered a serious injury in a car, bus, motorcycle, or truck accident? If you have, then you likely have considered filing a personal injury lawsuit. You may have many questions, including what you are eligible to receive. Depending on your case, we may be able to recover your medical costs, lost wages, pain and suffering, and much more.
Many people then wonder: How much do I get for pain and suffering? How is it calculated? We know that this is a complicated process and it can be painful to think about. We also know that you deserve to get the full amount you are entitled to. Keep reading to discover how pain and suffering damages are calculated and then contact Law Offices of Fernando D. Vargas at 877-982-0707 for a free legal consultation.
Understanding pain and suffering
First, let us cover what exactly the law refers to when it refers to “pain and suffering.” Many injuries can be covered by this term. Another term that is often used to describe them is “non-economic damages.” This means that you are not being compensated for something that cost a specific amount. Medical bills are paid out based on actual cost – noneconomic damages must be determined by other means. Your noneconomic damages including many things from pain and suffering to loss of enjoyment in hobbies.
Insurance companies use algorithms
When an insurance company offers a settlement that covers pain and suffering, the amount is based on the severity of the injury and the resulting medical treatment. They are not likely to consider the effects of that, such as loss of sleep due to a painful broken bone. The amount the insurance company comes up with may be reasonable or you may deserve much more. Your personal injury attorney can help you understand what a reasonable amount is.
There may be policy limits on what you are owed
In many instances, you may not even need to work to determine how much your pain and suffering is worth in dollars and cents, because the insurance policy through which you will be paid may have a limit on how much can be paid for pain and suffering. Unless the at-fault party has personal wealth you can sue them for, or there are several at-fault parties, the maximum pain and suffering award may be the best case scenario.
Do you have more questions? Call us now!
Do you have additional questions on how to best move forward with your personal injury claim? If so, you can contact Law Offices of Fernando D. Vargas at 877-982-0707. Not only do we offer a free legal consultation, you do not pay for our services until we win your case. In fact, you pay not legal costs unless we win. If you have questions or are ready to get started, reach out now and let us get you started.