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How much is a personal injury case worth? The answer lies in calculating the damages. Damages are the term for the sum of money imposed on a person who has committed an act of negligence. The damages are calculated based on the degree of the injuries, whether the injured person faces long-term consequences, and the full scope of the losses they have suffered in the accident.
Types of Damages Paid in a Personal Injury Claim or Lawsuit
The damages include several types of financial losses that an injured person could be left with after being injured by the negligent actions of another. These include the following losses:
I. Economic Damages.
These damages are the actual financial losses the injured person experiences, including but not limited to:
II. Noneconomic Damages.
These damages are the financial losses that relate to pain, suffering, and life changes resulting from an injury. Noneconomic damages often include:
III. Punitive Damages in Personal Injury Cases in Miami and Ft. Lauderdale
Punitive damages may be possible in some cases. These damages are intended to punish the responsible party and as a deterrent to others and are only available in cases where gross negligence or intentional misconduct can be proven by presenting clear and convincing evidence.
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How Do I File a Personal Injury Case?
A personal injury case may be filed against the insurance company of the negligent party. The amount of compensation recovered may be limited to the value of the policy. For example, in an auto accident, the responsible driver may not have enough insurance to cover the full value of your losses. In these cases, a lawsuit can be filed to seek further compensation from the individual.
Filing a personal injury claim is a complex process, and various actions must be taken within the time frame allowed. After an injury, it can be difficult to understand what to do or how to get help. You would be best served to engage a personal injury lawyer to take all the legal actions necessary. At Panzer Law, we are known for our personalized care, the many high-value cases we have resolved successfully, and our dedication to pursuing the maximum in compensation for our clients.
How Much is My Case Worth?
If you or a loved one was injured due to the negligent actions of another, you have the right to seek compensation. Your case is unique, and the value must be calculated correctly. After an accident, the insurance company of the responsible party is likely to contact you. The agent may advise you that they are there to help you resolve your case.
The truth is that the insurance company does not represent you. They are acting on behalf of their client, the responsible party. Their goal, no matter how friendly or caring they sound, is typically to convince you to accept a settlement offer that is often far, far lower than you deserve. At Panzer Law, we protect our clients from falling prey to this strategy and deal with the insurance companies ourselves. They know that we understand the true value of a case and that we will be steadfast in demanding a fair level of compensation.
Why Choose Panzer Law?
If you have been injured due to another person’s negligent actions, you may be facing a future that is changed forever. You may be unable to work for weeks, months, or a lifetime. Our legal team is focused on protecting our clients’ legal rights and seeking a level of compensation that reflects the impact of the injuries on your life and future.
The Panzer Law Difference
Our founder, attorney Gil Panzer, holds both a law degree and a master’s degree in economics. His depth of understanding of the financial issues in a personal injury case is above and beyond what most lawyers bring to the table. He and his talented legal team provide personal, dedicated service to every client, along with genuine compassion and personal care. Your case matters, and once we take it on, we go the distance and keep you fully informed throughout every phase of the journey to justice.