How to Determine the Future Costs of a Personal Injury Claim

How to Determine the Future Costs of a Personal Injury Claim

When a negligent party causes an accident that results in injuries to you or a loved one, filing a personal injury claim is the best way to get the compensation you need to move forward with your physical and financial recovery. When you file a personal injury claim in Mississippi, there are several damages you can include in your calculations for compensation. These include:

  • Pain and suffering.
  • Medical expenses.
  • Property damages.
  • Missed wages.

These damages are more like wide categories for many forms of loss that can take place after an injury accident. For example, if the injury that you suffered will be long-lasting or permanent, there are many aspects of your life that are going to be affected. All of these burdens can be considered when calculating the value of your claim. This means that both the current burdens that you are managing plus any future damages you will have to deal with related to your accident can be part of the calculation.

How To Figure Out Future Costs for a Personal Injury Claim?

Figuring out what a fair settlement is in the aftermath of an injury accident can be difficult. There are many factors to take into consideration and to put value to. Some damages are easier than others. For example, when you have medical bills, those costs are tangible and much simpler to add up. On the other hand, abstract damages such as pain and suffering or loss of future earnings are not always cut-and-dry to put a dollar amount to. A knowledgeable personal injury attorney will know how to evaluate a victim’s accident experience and determine what the total value of a claim is worth.

How Can You Figure Out Future Expenses?

In Mississippi, Bob Germany is a Jackson personal injury attorney with more than 40 years of experience assessing injury claims and determining their worth. Looking at how extensive your injuries are can dictate how much medical treatment you will need. Perhaps, you will need long-term treatment, care, and medications. Maybe you will be injured so badly you will be considered disabled and unable to go back to work. This means that your earning potential before your accident had a greater outlook than after your accident.

Some of the most common damages that can be costly in the future include:

  • The cost of in-home care or long-term living facilities.
  • Medical equipment.
  • Medications for chronic conditions.
  • Physical therapy or psychological therapy.
  • Additional surgeries.
  • Loss of wages and earning potential such as:

These examples are just a sampling of the harm that you may have to endure which affects you not only in the short-term but for the rest of your life.

Call a Jackson Personal Injury Attorney Today

Some injury accidents are minor and have fairly small damages that can be easily assessed. Others are more complicated and have lasting implications. If you or a loved one was harmed in an injury accident in Jackson, MS, please reach out and call the Jackson serious injury attorney at the Germany Law Firm, PLLC to schedule a free consultation today at (601) 487-0555.