Assigning an Amount to Intangible Damages in Georgia Injury Claim
When determining the amount of damages that you may be able to recover, it's slightly more difficult and subjective to put a dollar amount to intangible items. A Villa Rica personal injury lawyer is the best place to start in order to determine the value of a Georgia injury claim.
Intangible Damages in a Georgia Personal Injury Claim
After the insurance company arrives at a dollar amount for the money you've spent or lost due to the injuries you've sustained in the accident, it'll then attempt to place a dollar value on your damages, taking into account:
- mental anguish;
- physical pain;
- emotional suffering; and
- loss of marital benefits (companionship, affection, etc.).
A loose formula may be used to help estimate a value for these damages. After arriving at a base amount for the total medical expenses you've accrued (what's known as "medical special damages"), insurance adjusters will add a certain percentage according to the severity of these non-monetary losses (known as "general damages").
For example, the insurance company may double the special damages amount if the injuries are relatively minor, but they multiply the amount by 5 or more if the injuries are more severe and cause greater pain.
Before signing any papers with your insurance company, you'll want to speak to a Villa Rica personal injury lawyer and work together to determine a fair value of a Georgia injury claim.
Contacting a Villa Rica Personal Injury Lawyer
Insurance companies use basic guidelines when assigning a dollar value of a Georgia injury claim. As the victim of a Villa Rica accident, you have rights that the insurance companies cannot ignore. While they have a team of lawyers working on their side, shouldn't you have experienced legal representation fighting for your best interests? Before accepting any settlement offer, contact the Law Offices of Jason Schultz to schedule a FREE consultation on your case - 1-404-474-0804.
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