The cost of lifetime daily care for those who are severely or completely incapacitated can add up to millions of dollars. Level of disability: Permanently injured victims may need ongoing medical care and equipment, and help with mobility and the activities of daily living, even if they can do some things for themselves.Compensation amounts for permanent injuries are influenced by: However, when it comes to paying for non-economic damages, you can expect a fight that may only be settled by a personal injury lawsuit. They can be verified and calculated, and are difficult for insurers to dispute. Past and future medical care and lost wages are considered economic damages. What’s that worth? Permanent Injury Compensation FactorsĪ variety of factors come into play when calculating permanent injury compensation that can significantly affect the total payout to the injured victim and their family. Who can say what someone’s life would be like if they hadn’t been disabled? The loss of enjoyment of family and friends, and the ability to engage in their previous activities is permanently diminished. However, the monetary value of emotional distress caused by a long-term disability can’t be objectively measured. Most adjusters are willing to include pain and suffering compensation as part of a personal injury settlement. For example, if you break a leg in a car accident, you’ll incur “hard” costs for medical treatment, out-of-pocket expenses, and lost wages.Īdding one or two times the total of your hard costs is an easy method to come up with an amount for pain and suffering. Most mild to moderate personal injury claims have clearly defined costs associated with them. Depending on the severity of the victim’s impairment and the financial status of the at-fault party, jury awards can run into millions of dollars. Insurance companies know that catastrophic personal injury cases often involve emotional testimony and graphic evidence of suffering. Medical expenses for severe injuries can be staggering, and using a simple multiplier to account for the victim’s pain and suffering is inadequate.Ĭalculating a fair injury payout for serious or permanent injuries is complicated, and can only be done accurately by an experienced attorney. Fair compensation for these cases can’t be calculated the same way as other injury claims. Long-term disability and permanent injury claims are complicated. Common Types of Permanent Injury Claims.
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