How Do You Put a Price on an Injury?
Written by Charles J. Hodge on August 13th 2015.
If you or a dependent is suffering from an injury caused by a faulty product, a car wreck, or an accident at work, it can be difficult to know where to start to recover your time off from work, mounting medical expenses, and compensation for pain and suffering. How do you put a price tag on your health and time?
If your injury was caused at work (see our tips to understand work-based injuries), there are some set amounts of money that your employer and insurance company have predetermined to cover specific injuries. For example, there is often a set sum to cover a lost limb or a blinded eye. If you’re taking paid sick leave, the amount of money you earn during this time should have been detailed in your employment paperwork.
That said, you can be compensated for expenses beyond just medical or missed work. Compensation after an injury should cover:
- Medical expenses, including travel expenses to receive care
- Lost wages
- Extent of permanent injury (how the injury will affect you for the rest of your life)
- Related damage
- Possible punitive (punishment) damages if the at-fault party was grossly negligent (for example, if the at-fault driver was driving while intoxicated).
Even within these parameters, though, there is often disparity between what you think you deserve and what the company or insurance company is willing to pay. That’s why it’s critically important to have a lawyer evaluate your case properly. The insurance companies and the adverse parties involved in the accident have no incentive to work for you and protect your interests, so you need an experienced, caring lawyer to ensure that you receive all the compensation you deserve.
The experienced lawyers at Hodge & Langley Law Firm are familiar with how juries have reacted in cases that may be similar to yours. In other words, we’ve seen first-hand how South Carolina juries have determined fair compensation in cases with potentially similar injuries to yours. While these past results are not necessarily indicative of future outcomes, you can read about some past sucesses on our Legal Cases page.
Contact an experienced injury lawyer at Hodge & Langley Law Firm to discuss your case today. As always, your initial consultation is free, so you have nothing to lose—and possibly your future and economic security to gain.Posted in Motor Vehicle Accidents | Product Liability & Recalls