4 Factors in Determining the Value of a Kentucky Personal Injury Claim (Part A)

A serious accident can do 3 major points of damage to your life: physical, emotional, and financial. The physical impact is obvious, serious injuries can result in long-term recovery or even permanent disability. Emotional impact can be felt by you and your family, as you all cope with the changes to your life.

Financial impact is usually the least considered damage after a serious injury accident, but it also has the biggest effect on your life in the long run. There are 4 important factors that will add up to determine the financial value you should be seeking when you file a Kentucky personal injury claim. When you work with a Louisville personal injury attorney they'll take these 4 factors into consideration when estimating and negotiating your settlement.

Factor #1 - Your Injuries

Fair compensation for your injuries should include all medical care relating to your accident including the following:

• hospital expenses;
• physician visits;
• medication;
• medical devices; and
• therapy treatments.

An initial settlement offer typically only looks at your current expenses, and often will try to use your past medical history to deny some of your current injuries. To avoid these unfair practices, a Louisville personal injury attorney can help protect your right to a fair settlement.

Factor #2 - Your Working Situation and Income

Time in the hospital and recuperating at home are also time lost from being able to attend to your job. While some employers may be flexible about this and have special provisions set up for short term absences such as these, many jobs do not. This means you'll be incurring medical expenses while your income is halted.

The longer you're out of work, the higher value your Kentucky personal injury claim should become due to lost wages. Calculating your current wage losses is simply a matter of looking at your past earnings, but it may take the help of an attorney to estimate more ambiguous situations such as self-employment or freelancing. Contact a Louisville personal injury attorney today at 1-800-634-8767.

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