How Much Is My New Orleans Car Accident Claim Worth?

One of the most pressing questions injury victims across New Orleans find themselves wondering after being involved in an auto wreck, is “How much is my claim going to be worth?” This doesn’t come as a surprise, as injury victims will want to be sure that pursuing a civil claim and dealing with the insurance company is going to be worth their time and effort. 

Unfortunately, until we carefully review the circumstances of your individual case, we cannot say with certainty what an injury victim’s claim is worth. However, we can explain how we will go about calculating the value of your claim, and the various losses that could be included in these calculations. Read on to learn more. 

Obtain Maximum Compensation

If you want to be sure that you are getting the most out of your car accident claim, you will need to make sure that every single loss is taken into consideration. This can be done by informing your lawyer of every way your life has been impacted by the accident you were involved in. 

For example, you probably know that you can seek repayment of your lost wages, property damage and medical bills. But, you should also notify your lawyer if your quality of life has been diminished, if you’ve experienced pain and suffering of any kind, or, if your life has been negatively impacted by the accident in any way. 

How We’ll Calculate the Value of Your Civil Suit

The financial losses you endured are easily quantifiable, considering they will each already have a monetary value. Non-economic damages, or those not pertaining to money, are more of a challenge to quantify. But considering they are equally, if not more, impactful they should be taken into consideration accordingly. 

Your lawyer can calculate the total value of your claim by assigning your non-economic damages an impairment rating that is then multiplied by the total value of your economic losses. Alternatively, they can be assigned on a per diem basis. You can expect your lawyer to go with whichever option is most likely to produce a favorable outcome in your case. 

Reach Out to a New Orleans Car Accident Lawyer

If you would like to learn more about how your lawyer will calculate the value of your car accident claim, or if you have additional questions regarding what your claim is worth, get in touch with a New Orleans car accident lawyer at the Law Office of Braud & Gallagher

You can give our office a call at 1-800-256-5674 or fill out the quick contact form provided below when you are ready to schedule your free consultation.