Everyone always asks: what is my case worth?
Here is the truth of the matter. If you are in a semi-truck accident and are seriously injured, you have what lawyers would consider a good case. However, putting a number on the case early is difficult to do. The lawyers that will tell you an immediate value of the case upfront…well they tend not to be good lawyers.
Why is it a good case? Often when there is a large injury case, there is not enough insurance on the other side to guarantee that when you can prove someone has a serious injury, the other insurance company has enough insurance coverage to pay for the damage that the semi-truck accident caused.
We can discuss what makes up the value of a case. This is how a case is valued:
In an semi-truck injury case, there are three things that make up the value. The three things that make up the value of the case are:
1. Medical Bills,
2. Wage Loss and
3. Pain and Suffering.
If a semi-truck accident causes you to incur medical bills, the person who caused the accident is responsible for paying for your medical bills.
The at-fault party is responsible for paying for all of the medical bills you incur, in the past and in the future. However, the medical bills are only those related to the injuries you suffer in the accident. This is an important concept. If you get injured in the future, in a different area, the payments will not cover the new types of injuries.
The payment will be one whole lump sum payment, and is for medical bills in the past and in the future. This number will be combined with wage loss, and pain and suffering. You will not be able to tell the difference for money that is paid for medical bills, and money that is paid for other things. This is difficult to calculate, and a lot of lawyer time and effort goes into determining this number. Because it is so difficult to determine, the medical bills cannot be paid piecemeal.
This is a big problem for a large portion of the population, because the injuries need immediate medical attention, and money upfront.
While Med-Pay can be used sometimes, most of the time this is not sufficient to cover the injuries. This is discussed under insurance here.
Injured people end up paying for their medical bills until their case is over. This is difficult, but there is not a better way of doing this.
The at-fault party is also supposed to pay for the difference between money you would have made, and money you actually made. This is from the time of the accident, up until the end of your average life span. This number can be significant if you suffered permanent injuries (such as nerve damage, or a brain injury).
Wage loss is calculated from both days off work (the injured person cannot go to work because of injury), from days not work because of being fired, for days not worked while looking for a job, or days not worked due to some type of temporary or permanent disability that is a direct result of the semi-truck accident.
Pain and Suffering
Pain and suffering is all the other harm and suffering that a person had to go through as a result of the accident. This can include the pain someone had to go through, rehabilitation, physical therapy, changes in home life, and changes to daily activities.
While medical bills and wage loss is a number than can be calculated, pain and suffering cannot.