The basic purpose behind filing the personal injury cases is supposed to be the monetary compensation. The victim of these injuries which he or she has to go through due to the recklessness of another person resulting in accident often has to face quite severe aftermaths of that accident. Financial restraint is the most important one resulting in lost income if the claimant becomes unable to join his work for a period of time and the medical expenditure for the physical injury he has received. These compensation claims are being filed by a majority of the victims. But an important step is to determine the exact amount of the compensation that the guilty party is liable to pay to the claimant.
In this regard, the most important step that is to be taken by the claimant is the consultancy with lawyer and not just any lawyer but a specialist and skilled personal injury lawyer. These personal injury cases are either settled out of the court or taken to the court rooms. But, in both the case the exact amount of the compensation should be asked for. The third party insurers and the jury members of the civil court make every surety how much compensation is being asked for and is it really the worth of the injuries that the claimant has gone through. So, the estimation of the compensation claim counts a lot. At times, it matches with the figure being desired by the claimant and at times the court decides on its own, keeping in view the different facts and evidences.
The two main factors affecting the estimation of the compensation claim is the severity of the injury. The victims of the same type of accident do not get the same amount of compensation because the severity of the injury is not the same. The claimant is supposed to go for a medical examination and the thorough physical check up after meeting up with an accident. The medical report of the doctors counts a lot in determining the compensation amount. There are many times when the court asks the claimant to go through a medical examination again in order to reach at a final assessment. The severity of the physical pain and suffering gets to be judged by this medal report.
The financial pressure is the other important factor that affects the calculation of a compensation claim. At times, the injury is so severe that the claimant is no longer able to carry on his job. This results in lost wages. Bills, rentals, medical expenditure along with the lost wages help in determining the compensation claim when the court takes the notice of the financial restraints.
There are specific procedures that re being used to calculate the compensation amount by the lawyers and the insurers but the circumstances, the severity of the injury and the financial restraints are the important factors that help in calculating the compensation amount.
The contents of the article are provided for informational and educational purposes only and are not intended for a legal advice.