PORTLAND Personal Injury LAW FIRM

In most cases, clients rely on insurance companionships to tell them how much their injury claim is worth. While this is possible, insurance companies don’t always have the best perspective. Insurance companies mostly don’t take time to evaluate the extent of your injuries and give an honest assessment of the damages. The true value of your injury claim depends on many factors, and you cannot come up with an estimate without factoring in all of these factors. Remember that these factors revolve around the accident and the events that follow after the accident. 

The real monetary value of any personal injury claim depends on the following: 

• Unique case circumstances: The circumstances surrounding the accident will determine the value of your claim. The claim is likely to have a higher value, especially if the accident was an act of negligence.
• Lost work expenses: If you lost the ability to work due to the injuries, you should be compensated. The defendant must cover all the losses you have incurred since you lost your ability to work. 
• Medical expenses: Any injuries must be treated, and medical expenses can be very costly. Victims spend a fortune trying to recover from damages. The more the expenses, the more your claim value. 
• Concrete financial loss: If you lost your ability to work and spent a fortune on your medication, you will incur concrete financial loss. Such circumstances increase the value of your injury claim. 
• Physical/emotional pain and suffering: Any physical or emotional distress that results from the accident and injury, such as depression or anxiety, will add to the value of your claim. The degree of these damages determine the claim’s value. 
• The defendant’s insurance or individual assets: The defendant’s individual assets and insurance is crucial when filing a claim. This is the case because some defendant’s are uninsured or underinsured. 

Our attorneys will use employment records, medical records, police records, and any other piece of evidence when pursuing damages and calculating the value of your claim. We may consult financial and medical experts when evaluating your damages if necessary. This ensures that we find an accurate value for your claim.