If you have been involved in an accident, you may have suffered serious injuries, as well as property damage. Many accident victims are curious as to how much their claim will be worth if they decide to file suit against a negligent party. An accident claim filed in Virginia can range from a few thousand dollars to hundreds of thousands of dollars. Several factors may impact the value of your personal injury claim, including the ones listed below.
Severity of injuries
Even a fender-bender can result in long-lasting injuries that require significant treatment. The more serious your injuries, the more compensation you will likely receive.
Past and future medical expenses
The injuries you suffered in the accident will likely require treatment. Serious injuries may require several doctor’s visits, medical procedures, medications, and rehabilitation. Your damages can cover treatment you have already received, as well as treatment you are likely to receive in the future based on your injuries.
Inability to work
Many accident victims suffer injuries so severe that they are unable to work in the days, weeks, and months following the accident. Compensation for lost wages can cover the income you could not earn due to your accident-related injuries.
Fault
Many accidents are caused by several parties. If you were partially at-fault for your own accident, you will not be able to recover damages under Virginia’s contributory negligence law.
Insurance policy limits
The at-fault party’s insurance may place a cap on the maximum amount that will be covered.
The value of your personal injury claim will vary based on the facts and circumstances surrounding your case. Police reports, expert testimony, medical records, and other documentation can help determine the value of your claim.