How Much Is My Personal Injury Case Worth
The value of your personal injury claims depends on several factors. Both your economic and non-economic damages will be factored into our evaluation of the value of your claim. To determine your economic damages, we will look at what you were charged for any medical treatment you were provided, if any medical treatment will be necessary in the future, whether you lost any wages as a result of the injury, whether your ability to earn wages in the future will be impaired. We will also consider other direct economic losses as a result of your claim. For instance, were you required to miss or re-schedule travel which caused you to incur additional expenses?
To determine your non-economic damages, we must account for the following: any emotional distress and pain and suffering caused by the injury; and physical impairment or disfigurement and any inconvenience you experienced as a result of the injury. These damage categories can be difficult to establish and may require the use of experts to help quantify. For instance, if you have received mental health counseling as a result of your injury your mental health provider may be able to help explain the lasting effects the injury will have on you, helping establish a claim for emotional distress.
We must also consider damage caps, which are Colorado laws that prohibit recovery of certain damages over a certain dollar amount. Depending on your injuries, your spouse may be entitled to compensation as well. As a personal injury victim, you are also entitled to pre-judgment interest, which is an amount of interest which accrues from the date of your injury. In determining the value of your claim, our attorneys will consider your economic damages and non-economic damages, along with drawing upon years of experience to provide you with an honest and well-reasoned evaluation.
Another area of consideration is whether you were the cause of some of the injury. In Colorado, the person who caused the injury is entitled to argue that the victim of the injury is partially to blame. This is called pro-rata liability. The argument that you may be partially at fault is an argument insurance carriers like to make. This is because, if you are found to have contributed to your injury, your damages can be reduced a trial. Understanding the legal theories surrounding pro rata fault is necessary to counter these meritless positions and to ensure you maximize the compensation for your injury.