Types of Compensation

Types of Compensation in Personal Injury Cases

What Compensation Is Available to Victims of Personal Injuries?

An unexpected accident or serious injury can leave you with more than just physical scars; it can also leave you facing significant financial hardships, from mounting medical bills to weeks or months of lost wages. The purpose of filing a personal injury claim is to seek fair monetary compensation for all of the physical, emotional, and financial losses you have endured as a result of someone else’s negligent or wrongful conduct.

At The Attkisson Law Firm, our goal is to help you navigate the legal system and fight for the fair compensation you are owed. We believe that the more information you have, the better able you are to make informed decisions about your claim—and your future. To that end, we have put together helpful information regarding the different types of compensation you may be able to recover in your personal injury case, as well as how the value of a given claim is determined. Continue reading to learn more or reach out to us directly to speak to one of our experienced and knowledgeable personal injury lawyers.

Medical Expenses

Whether you are involved in a car accident or slip and fall while shopping at a retail store, you are likely to require medical attention and care after any injury-causing event. Depending on the nature of your injuries and the extent of treatment required, your health insurance may not be enough to cover the costs associated with your care. When you file a personal injury claim against a liable party, you can seek compensation for any and all medical expenses you incur as a result of your injuries.

Examples of common medical expenses for which you may be able to recover compensation in a personal injury claim or lawsuit include:

  • Ambulance fees
  • Emergency room fees
  • Hospitalization
  • Surgeries
  • Rehabilitation
  • Diagnostic testing
  • Lab analysis
  • Various medical treatment costs
  • Medications
  • Medical equipment/devices
  • Medical treatment for mental health disorders related to the accident/your injuries
  • Counseling/therapy costs
  • Ongoing and future care costs

You should not have to pay any out-of-pocket medical expenses simply because someone else acted carelessly, recklessly, or wrongfully, and our personal injury lawyers at The Attkisson Law Firm can help advocate for fair compensation for these and related costs.

Lost Income

If you are seriously injured in an accident or due to the negligence of another person or party, you may find yourself out of work for days, weeks, or even months. If you become permanently disabled, either partially or completely, you could face a lifetime of lost earnings and other employment benefits.

By filing a personal injury claim, you can seek financial compensation for lost income and related damages, such as:

  • Lost wages and other income
  • Lost future earnings
  • Diminished earning capacity
  • Disability
  • Lost employment benefits, such as pension or 401k contributions
  • Loss of expected lifetime earnings/inheritance

Our team at The Attkisson Law Firm can sit down with you during a free initial consultation to discuss the specific details of your situation and help determine which types of lost income damages you may be entitled to receive. Contact us today to schedule an appointment with our firm.

Pain and Suffering

In addition to financial losses, such as medical expenses and lost income, a sudden accident or unexpected injury often leaves victims facing enormous physical and emotional challenges. Collectively referred to as “pain and suffering,” these challenges are much more difficult to quantify than those with a set dollar value—but that does not mean you are not entitled to compensation for these hardships.

Many factors are used to calculate a person’s pain and suffering following an accident, injury, or loss, including but not limited to:

  • The severity of the injury
  • The impact of the injury on the person’s life
  • Whether the individual is disabled due to the injury
  • The cost of medical treatment and care
  • The extent and cost of monetary damages

Often, to determine the value of pain and suffering, the victim’s financial damages are multiplied by a designated number (typically between one and five) that is based on the above-mentioned factors, as well as others. This is then used to assign a monetary value to the emotional toll, distress, and trauma caused by the accident.

It is important that you work with an experienced attorney, like those at The Attkisson Law Firm, who can help protect your rights throughout the legal process. Calculating the value of your pain and suffering is highly subjective; it is crucial that you have someone who can stand up for you and advocate for your right to full and fair compensation.

Miscellaneous Out-of-Pocket Expenses

Depending on the specifics of your case, you may also be entitled to additional out-of-pocket expenses you paid for various things related to your injury/damages.

Some common out-of-pocket expenses associated with personal injuries include:

  • Mileage to and from medical appointments
  • In-home assistance and care
  • Modifications to a home to accommodate an injury or disability
  • Costs related to childcare or pet care

Essentially, any out-of-pocket expenses you paid that you would have not otherwise incurred had you not been injured or otherwise affected by the negligence of the defendant may be compensable in your personal injury claim.

How Much Is Your Personal Injury Claim Worth?

One of the most common questions we hear from clients and prospective clients is, “How much is my personal injury claim worth?” At The Attkisson Law Firm, we understand your concerns. When you are facing mounting medical bills and trying to manage everyday expenses while out of work, not to mention dealing with repairing damaged personal property and the physical and emotional consequences of the accident, getting paid is at the forefront of your mind.

Unfortunately, there is no way to accurately determine the value of a personal injury claim without first going over the many unique details involved in the case. These factors are what determine the value of your claim.

Specifically, some of the things that impact the value of your personal injury claim include the:

  • Severity of your injuries
  • Cost of your medical care
  • Extent of your damages
  • Time taken off work to recover
  • Projected future losses associated with your injury
  • Degree of fault you had (if any) in the accident
  • Number of liable parties
  • Available compensation

Furthermore, the willingness of the other party’s insurance company to settle, as well as the various avenues of compensation available to you, play a significant role in whether your case will settle, how long it will take to settle, how much it will settle for, and whether you will need to go to trial.

Although we cannot guarantee a specific dollar amount, we at The Attkisson Law Firm can assure you that our personal injury lawyers will do everything possible to secure the maximum possible compensation on your behalf. When it comes to fighting for our clients, we leave no stone unturned in our pursuit of justice and the fair recoveries they deserve.

We invite you to contact us today at (937) 230-8330 to learn more during a no-cost, no-obligation consultation and case evaluation.