It is quite easy to put a price on damages to a car and bills you incurred for medical treatment, but it is not so easy to put a price on a major injury you ended up with from a car accident. A major injury, such as brain damage or spinal cord damage, is something that can change a person's life forever. If you were in an accident that led to a major injury like this, how will you determine a price to ask for your settlement?
The challenges with putting dollar amount on major injuries
Major injuries do not come with a price tag on them, yet they can affect every single part of a person's life. A person with a brain injury, for example, may never be able to work again. If this is the case, this is a huge loss, yet how much is this loss worth?
The main challenge with determining how much to ask for is finding a way to add up the true costs of loss from the accident and the results of the accident, and this is never an easy task.
The factors you must consider
When you begin working on your case, the lawyer you hire will factor in a lot of different things to come up with an amount to ask for. Loss of work is one of these things. How much money do you stand to lose from this point on in your life now that you cannot work? What if you are young and went to college to become a doctor? What about all this wasted money that you spent now that you cannot even practice medicine?
Next, your lawyer will add in values for things such as loss of enjoyment in life, humiliation, and emotional trauma. Again, it is not easy to put dollar amounts on these things, yet these are all effects of a major injury.
Waiting as long as you can is important
One last thing to know is that you should not try to settle right away after the accident. It is better to wait it out as long as possible, as this will help you gain a much better understanding of the full effects of the injuries you must now live with.
Finding a lawyer who has settled accidents involving major injuries is another important step you must take in this process. To find a lawyer like this, contact the personal injury attorneys of your choice today.