Personal Injury Compensation
How is personal injury compensation determined? If you’ve been seriously injured, you know that your injury will be reduced to monetary damages. Consequently, you may have heard vastly different estimates of what different injuries are “worth.” While every injury is handled on an individual basis,we can identify what your potential compensation will be. Kane & Vital will help you estimate what type of personal injury compensation you should be entitled to. Therefore, making the process easy as possible for accident victims.
What is an Injury Worth?
A Guide to Personal Injury Compensation
To understand personal injury compensation, you’ll need to understand the concept of damages. Monetary damages are intended to put you in the same position you would have been in if the accident had not occurred. While an injury cannot be undone, the purpose is to try to put the victim in as close to a “normal” position as possible.
What types of things are covered by monetary damages? Financial costs are generally covered under damage awards. Hence, medical bills and lost wages from time away from work are two types of costs generally covered. In addition, if an injury causes a long-term loss in earning ability, those costs will be covered as well.
Monetary damages also attempt to correct for quality-of-life changes. The loss of a limb or similar permanent injury may result in a reduction of quality-of-life for an injured person. Damages attempt to pay for this loss of life quality. They can also compensate an injured person for pain and suffering.
Finally, some injured people will receive punitive damages as part of their compensation for a personal injury. Punitive damages are available in some cases. This form of compensation occurs when the person who caused the harm engaged in such reckless manner that the court wants to punish them.
The personal injury attorneys at Kane & Vital know the ins-and-outs of personal injury law. They can provide you with a realistic assessment of the type of compensation associated with the type of injury you experienced. They will also be able to negotiate on your behalf to ensure that you get sufficient funds to handle your injuries.
You do not have to deal with your personal injury alone. Let the attorneys at Kane & Vital provide the help you need in this difficult time.