How much is my personal injury case worth?
Personal injuries cases can occur from pedestrian accidents, medical malpractice, slip and falls, and products liability. The value of a personal injury case is not one size fits all. How much a personal injury case is worth will change from case-to-case. Two lawsuits based on the same type of accident can have different values. The factor that determines the value of a personal injury case is amount of damages.
Economic and noneconomic damages are the basis of the value of a personal injury case. Economic damages include medical expense, bills and property damages which have listed amounts that are easily calculated. Noneconomic damages, like pain and suffering, mental anguish, loss of enjoyment of life, and even disfigurement, do not have set values. Instead their amount is determined by the judge or jury in a lawsuit by looking at the totality of the personal injury incident and the severity of the noneconomic damages.
In South Carolina, the victim can only get punitive damages if they are awarded economic and noneconomic damages. Punitive damages are meant to punish and deter the at-fault party from continuing the behaviors and practices that led to the injury. The sum of the economic damages, noneconomic damages and punitive damages determines what the personal injury is worth.
Other Personal Injury FAQs:
- How do I know who is responsible for my injuries?
- How do I prove my elderly family member is being abused?
- How long do I have to file a personal injury claim in South Carolina?
- How much is my personal injury case worth?
- I’ve been hurt in an accident. Should I file a personal injury lawsuit?
- If I file a personal injury lawsuit, do I need to go to court?
- What damages can I get in a personal injury case?
- What if I am contacted by the other insurance company?
- What types of damages can I seek if I file a personal injury lawsuit?
- Who is liable for my damages?
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