May 30, 2024

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The Legal System

How Much Is My Personal Injury Lawsuit Worth?

Our car accident lawyers often get asked this question: How much does my lawsuit cost? We understand that you may have other thoughts after an accident. What are the best ways to obtain compensation for medical bills? What if I have to take time off from work because of my injuries?

What are compensatory damages?

Compensatory damages are the amount of money you get from a personal injury case. Compensatory damages are intended to compensate the victim or plaintiff for any injuries sustained in an accident. Compensatory damages are intended to make the plaintiff “whole”, again after an accident. Compensatory damages can be very simple and straightforward to calculate. Some examples of compensatory damages are:

  • This refers to medical bills that are related to injuries sustained in an accident. This could include prescription medication, hospital care, and at-home medical equipment.
  • Income lost: If you are unable to work because of injuries, you might be eligible to receive income back. If your injuries are permanent, this refers to lost income from the past and loss of earning ability.
  • Property damage: If you were in an accident such as a auto accident you may have suffered some damage to your vehicle. This is called property damage and it can be recovered.
  • You may be entitled to compensation for loss of enjoyment of your life if you were seriously injured in an accident.
  • This refers to the relationship the victim had with their spouse and how it changed after the accident.
  • Emotional distress is when the victim experienced some kind of pain or suffering as a result of the accident. Anxiety and depression are two examples of emotional distress. You can recover financial damages if you’ve suffered psychological damage.

What are punitive damages and how can they be used?

California rarely awards punitive damages, but they can be hugely significant. Punitive damages may be awarded in personal injury cases if the defendant acts with malice. Malice is when the defendant knew their actions would cause certain results but still participated in them. When deciding on punitive damages, the court considers many factors such as income.

What about personal injury?

Your damages could be reduced if the defendant makes a strong defense. You may be eligible to have your damages reduced if you are found liable. You may also be eligible for reduced damages if the defendant successfully raises the defense of the assumption of risk and claims that the plaintiff took the risk of these injuries.

What is the average personal injury claim?

Our attorneys will examine your claim to determine if it is average. They will also look at any potential punitive damages. The liability of the defendant is another important factor. You will get 100% of the damages you have incurred if the defendant is held liable for all your injuries.This article was written by Alla Tenina. Alla is one of the best tax attorneys in Los Angeles California, and the founder of Tenina Law. She has experience in bankruptcies, real estate planning, and complex tax matters. Click here for more information. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.