How Is the Value of a Personal Injury Claim Determined?

After experiencing an accident, a common concern that arises is, “What is the value of my claim?” The value of a personal injury claim isn’t a simple number, so steer clear of those calculators you find online. Valuing what your claim is worth is the result of several important factors that determine how much compensation you may be entitled to.

At Cohen, Feeley, Altemose & Rambo, we’ve been helping injured people and their families for decades. We know that behind every case is a real person whose life has been changed. That’s why we carefully evaluate every detail throughout the claim process to make sure you’re treated fairly.

Key factors that are considered in a personal injury lawsuit include:

• Medical expenses, which may include amounts owed to your health insurance out of settlement, future medical expenses, out-of-pocket expenses for medical care and treatment, or outstanding expenses.
• Lost wages or diminished earning capacity may also be part of your claim if your injuries keep you from working.
• Pain and suffering and the loss of enjoyment of life, although harder to calculate, are just as significant because they reflect how the injury affects your quality of life. 
• The severity of the injury, recovery time, the nature of your treatment, and whether long-term disability or rehabilitation is needed will almost certainly be a factor.

Every claim is unique. Our team takes the time to thoroughly understand the full scope of your situation, enabling us to pursue the maximum compensation available to you. We do our best to weigh our experience, the venue, the facts of the case, your injuries, and the specific circumstances surrounding the accident to establish your claim. Ultimately, the real value of your injury is up to the jury that hears your case at trial.

If you or a loved one has suffered an injury, Cohen, Feeley, Altemose & Rambo is ready to help. Our attorneys are personal injury law experts who are committed to fighting for the justice and financial recovery you deserve. Contact us today for a free consultation.