When pursuing a personal injury claim, you may question how much you may be able to recover as you have endured various physical, emotional, and financial burdens. Every case is different, meaning the circumstances of the situation can impact how much your personal injury claim is worth. If you have sustained injuries and wish to pursue a claim against the responsible party, please don’t hesitate to contact our determined Bradenton Personal Injury Lawyers who can help you fight for the just compensation you deserve. Keep reading to learn the factors that influence the value of a Florida personal injury case.
What Factors Influence How Much a Personal Injury Claim is Worth in Florida?
When you are injured due to the negligent or intentional actions of another person, you can typically seek two kinds of damages: economic and non-economic. Economic damages reflect your out-of-pocket monetary losses such as past and future medical bills, lost wages, and property damages. Non-economic damages, on the other hand, reflect subjective, non-monetary losses, such as pain, suffering inconvenience, disfigurement, and loss of enjoyment of life. It’s much more difficult to value these types of damages. Typically, the more severe your injuries, the more your claim is worth as you will incur more financial losses.
In some cases, the court may award punitive damages alongside compensatory damages. While compensatory damages are intended to reimburse victims for their losses, punitive damages are designed to punish the defendant. Punitive damages are awarded in cases of willful or wanton negligence that demonstrates a high degree of moral turpitude.
Furthermore, liability plays a crucial role in determining the value of a Florida personal injury claim. Florida is a modified comparative negligence state. This means if you are partially at fault for the accident, you can still recover compensation for endured damages. However, your award will be reduced in proportion to the percentage of fault for the accident. If you are found to be more than half responsible for your injuries, you will face the absolute bar of recovery. As such, it’s essential to gather evidence to prove that you were not negligent in these matters to protect your right to compensation.
Should I Consult an Attorney?
As you can see, many factors can influence the value of your claim. That’s why it’s important to enlist the help of an experienced Bradenton personal injury lawyer who can help you understand your rights and navigate each phase of this complex legal process. At Becker & Lindauer, LLC, we understand how devastating the consequences of an accident caused by negligence can be. As such, it’s in your best interest to contact our dedicated legal team to schedule a consultation to discuss your legal options and how we can assist you in the fight for justice.
