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How will you know how much financial compensation to pursue?

On Behalf of | Mar 5, 2024 | Personal Injury

There is no “typical” car accident. When a collision occurs in Virginia, the damages involved could range from simple vehicle damage all the way to fatalities – and everything in between. If you have been involved in a car accident that was caused due to another party’s negligence or recklessness, your vehicle may have sustained severe damage and you might have suffered serious injuries. If so, how will you know how much financial compensation to pursue if you file a personal injury lawsuit?

Calculating damages

The ultimate amount of money that a plaintiff seeks in a personal injury lawsuit will always be based on the specific facts of the case. For example, besides vehicle damages expenses, most of our readers in Virginia know that plaintiffs can seek recovery for the medical expenses they incurred in treatment for their injuries from a wreck.

But, when do those expenses end? If an injury is serious enough, the injured victim may need weeks, months or ever years of treatment and therapy to attempt to recover their full health. As much as those expected expenses can be determined, those future expenses may be part of the overall amount of compensation a plaintiff seeks.

The other most common type of damages that injured victims pursue in personal injury lawsuits is based on lost income – that is, if the person was actually employed and working at the time of the accident. If so, the overall amount of time that the person will be away from work, how that person’s actual job abilities might be affected and even future lost wages might be part of the damages calculation in a personal injury lawsuit.

Your case will be unique, and so will the amount of damages you pursue. Be sure to get the right information about how to proceed with a potential personal injury lawsuit, which should include a basic calculation of possible damages.