If you have been injured at the hands of another party, you may decide to pursue legal action to recoup monetary compensation for the damages you have endured. If this reflects your situation, you may wonder how much your personal injury claim may be worth. Many factors can influence the value of a New York personal injury claim. Please continue reading to learn more about these matters and why connecting with a dedicated New York City Personal Injury Attorney is in your best interest.
What Factors Influence How Much a Personal Injury Claim is Worth in New York?
When pursuing a personal injury claim, it’s crucial to understand that you may be entitled to compensatory and punitive damages. Compensatory or actual damages are intended to reimburse you for the losses you have incurred due to your injuries. There are two kinds of compensatory damages: economic and non-economic. Economic damages represent actual financial losses such as medical bills, lost wages, and property damage. Non-economic damages, on the other hand, represent subjective losses such as pain and suffering, permanent disfigurement, and inconvenience. Generally, cases involving catastrophic injuries and disabling conditions increase the value of damages in a personal injury case.
Additionally, liability can play a pivotal role in determining the value of a New York personal injury claim. New York is a comparative negligence state, which means that you can still receive compensation if you are partially at fault for an accident. However, the amount of compensation you can recover is reduced by the percentage of fault you are assigned for the accident. For instance, if you are assigned 99% at fault for the accident, you could still receive 1% of the settlement amount. Therefore, it’s crucial to gather as much evidence as possible to demonstrate that you were not negligent in these matters to maximize your award.
Should I Consult an Attorney?
If you have sustained injuries due to another party’s negligence, you should connect with an experienced New York City personal injury attorney who can protect your best interests. Navigating the claims process can be incredibly difficult. An attorney can help calculate your damages to ensure you are fairly compensated for the damages you have incurred. Having quality legal representation will allow you to focus on your recovery.
At Swerling Law, we are prepared to help you fight for the compensation you deserve and need to get your life back on track. Connect with our dedicated legal team today to learn how we can safeguard your rights and figth for justice on your behalf.