How Much Is My Chicago Personal Injury Claim Worth?

Before you make the decision to move forward with your personal injury claim in Chicago, you might be wondering if it’s worth it to go through all of the tedious paperwork and hassle of a civil lawsuit. Your personal injury attorney will be responsible for quantifying your damages to ensure that you get the most out of your claim.

First and foremost, you’ll need to be prepared to go over every way that your life has been impacted by the accident you were involved in and your subsequent injuries; this way, not a single loss will go unaccounted for when calculating the value of your personal injury claim.

Continue reading to learn more about how your damages will be categorized and some of the most commonly sought losses that may apply to your Chicago claim.

The Value of Your Economic Damages

When your financial situation is impacted by the injuries you’ve endured, these losses are known as economic damages. These damages can put your family in dire straits if you don’t have the immediate savings to cover these costs.

To begin, your medical expenses will need to be covered by the at-fault party. This includes any necessary medical costs you incurred due to your injuries, such as co-pays, the cost of prescription medications, medical equipment, ambulance fees, rehabilitative services, physical or occupational therapy, hospital bills, and transportation fees, to name a few.

In addition to your medical expenses, your attorney will review things like your lost wages, property damages, and the damage done to your earning capacity to determine how much you’re entitled to.

Considering Non-Economic Losses

Oftentimes people who have suffered injuries after being involved in an accident are affected not only financially, but emotionally and psychologically as well. When your lifestyle and emotional state are compromised by your injuries, these damages are known as non-economic losses. Generally, the following damages may be considered in the calculations of your non-economic damages:

  • Loss of companionship and love
  • Inconvenience
  • Loss of household services
  • Loss of enjoyment of life
  • The effects of scarring or disfigurement
  • Pain and suffering
  • Emotional distress

There may also be other damages that could be applied to your case. To ensure that each of these damages is included in your claim for compensation, work with your Chicago accident attorney to go over the impact your injuries have had in great detail.

Get Help from a Chicago Personal Injury Lawyer

When you’ve endured a serious injury caused by the negligent actions of another but aren’t sure how you can hold them accountable, speak with a highly trained Chicago personal injury lawyer at Lane & Lane, LLC. You can call our office at 312-332-1400 or fill out the brief contact form we’ve provided below to schedule your free, no-obligation consultation today.

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