You may be entitled to compensation if you have been injured in an accident in Maryland. However, the value of your personal injury claim will depend on several factors. In this post, we will discuss some things that can affect how much your case is worth.
To speak with our Timonium-Lutherville attorney about your case, please contact the Law Office of Justin A. Wallace at (410) 996-4488.
What Could Determine Your Case’s Value?
Understanding the key factors that might affect your case’s worth is essential for assessing potential compensation. Let’s explore the crucial elements that could determine the value of your claim.
The Severity of Your Injuries
One of the most critical factors that can affect the value of a personal injury claim is the severity of your injuries. If you have suffered serious injuries, such as broken bones, spinal cord injuries, or traumatic brain injuries, your claim is likely to be worth more than if you suffered only minor injuries.
This is because serious injuries can have long-lasting effects on your life, such as the need for ongoing medical treatment, lost income, and reduced quality of life.
The Cost of Your Medical Treatment
The cost of your medical treatment is another factor that can affect the value of your personal injury claim.
Your claim is likely to be worth more if you have incurred significant medical expenses as a result of your injuries, such as:
- Hospital bills
- Surgery costs
- Medication expenses
Additionally, ongoing medical treatment or rehabilitation can also increase the value of your claim.
Lost Wages and Future Earnings
Injuries causing you to miss work or impacting your future earning capacity can also affect the value of your personal injury claim.
You may be entitled to compensation for your lost wages and future earnings, which can include:
- Salary
- Bonuses
- Commissions
- Pension contributions
Fault in the Accident
Maryland follows a contributory negligence rule. If you are found to be partially at fault for the accident that caused your injuries, you may not be able to recover any compensation. However, if the other party is found to be fully responsible, you may be entitled to compensation for your injuries.
Availability of Insurance Coverage
The availability of insurance coverage can also affect the value of your personal injury claim. If the other party has insurance coverage that can pay for your damages, this can make it easier to pursue compensation for your injuries. However, if the other party is uninsured or underinsured, this can make it more difficult to recover the full value of your claim.
Jurisdiction
Maryland is a diverse state, and the value of a case varies from County to County. An attorney can help you understand which jurisdictions are most favorable to you and where you have the right to file your personal injury lawsuit.
Schedule a Consultation Today
If you have been injured in an accident in Maryland, it is important to speak with an attorney to understand your legal rights and options. A lawyer can help you evaluate the value of your claim and negotiate with the insurance company to pursue fair compensation.
At the Law Office of Justin A. Wallace, we help injured parties in Timonium-Lutherville seek justice. Call us at (410) 996-4488 or contact us online today.