Personal Injury Lawsuit Settlement

How to Calculate Personal Injury Settlement Amounts

When you have suffered an injury due to another person’s negligence, you are entitled to bring a personal injury claim for the pain and suffering you have experienced. When you bring a personal injury lawsuit against the person or company that caused your injury, your attorney will negotiate a settlement for your claim or, in some cases, your attorney will go to trial and you will be awarded damages. However, most New York personal injury claims are settled before they reach the trial stage.

What damages can be compensated?

When you have a bodily injury claim for a personal injury settlement, the compensation for your injuries comes in several parts. The first part of a personal injury claim settlement is for the medical bills related to your injury. When you seek medical treatment for your injuries, the insurance company for the party that caused your injuries will have to pay for your medical care.

Another portion of a personal injury settlement amount is compensation for your pain and suffering. A pain and suffering settlement is compensation for how the personal injury or accident affected your day to day life. This settlement amount is usually measured in weeks, and the insurance company or responsible party will compensate you a weekly amount for the time that you were seeking medical treatment for your injuries.

The last portion of compensation for personal injury is comprised of other related damages that you may have incurred. These can include things such as lost wages when you can’t work, car rentals when you are without a vehicle, property damage, estimated future medical expenses, or other losses you incurred due to an accident.

Don't Settle For Less Than You Deserve

Using these three factors as a general guideline, you can see that personal injury settlements differ greatly because every injury is different. An experienced NY personal injury attorney can help you estimate what your case is worth. An NYC personal injury law firm can help you get fair compensation for your personal injuries. If you don’t know the value of your New York personal injury lawsuit, you will be unable to get a maximum settlement from the insurance company. Hiring an experienced injury lawyer is the best way to ensure that your personal injury compensation for your pain and suffering is fair.

If you would like to see examples of plaintiffs that Belushin Law Firm has represented who have won jury awards or out-of-court settlements, please visit our settlements and verdicts page. Belushin law firm has worked tirelessly to fight for the rights of injured plaintiffs in the field of New York personal injury law. Let them help you navigate the personal injury law process to maximize your settlement for your injuries.

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