You’ve been in an accident in North Carolina, and you’re wondering how much your personal injury case is worth. The answer to this question is not always straightforward, as many factors must be considered to determine the value of a case. However, some general guidelines can help you understand what your case may be worth.
Here at The Law Offices of Jason E. Taylor, we can help you understand the value of your case and fight for the compensation you deserve. Contact us today for a free consultation.
Which Factors Are Used to Calculate Settlement Value in North Carolina?
Most insurance adjusters will attempt to get you to accept the first settlement they put in front of you. However, it’s extremely important that you don’t rush to accept it. A common misconception is that the insurance adjuster will calculate the value of your personal injury claim and pay out the approximate amount.
At The Law Offices of Jason E. Taylor, we know the truth. It’s common for insurance companies to lowball accident victims, meaning they’ll typically look for ways to pay out as little as possible to settle your claim.
When calculating the value of your personal injury case, several different factors are closely considered – such as:
- The extent of your injuries and damage caused by the accident
- Medical records
- Medical bills
- Lost wages
The insurance company will take your case apart piece by piece. They will also likely try to put some of the blame on you to reduce the value of your claim.
This is why having an experienced personal injury lawyer by your side is important throughout the claims process. When you work with a lawyer at The Law Offices of Jason E. Taylor, we’ll ensure that your case is solid. The stronger your claim, the less the insurance company can oppose, and the better the outcome.
What Are Some Other Things That Impact the Value of My Case?
In addition to the factors we’ve already discussed, a few other things can impact your case’s value.
- The Type of Case – The type of accident you were involved in will play a role in the value of your case. For example, if you were hit by a car while walking, the driver will likely be found at fault. However, if you were injured in a slip and fall accident, it may be more difficult to prove who is at fault.
- The Statute of Limitations – The statute of limitations is the time frame you must file a personal injury lawsuit. In North Carolina, the statute of limitations for most personal injury claims is three years from the date of the accident. If you wait too long to file your case, you may be barred from receiving any compensation.
How Do I Determine the Value of My North Carolina Case?
There is no one way to determine the value of personal injury settlements properly. A car accident case will be different than a slip and fall, which will be different than a medical malpractice case. You must consider many factors, including the severity of your injuries, how long you were out of work, whether you have any permanent damage or disabilities, and other considerations.
One way to estimate the value of your case is to look at similar cases that have been tried in court or settled out of court. This can give you a good idea of what to expect regarding a settlement.
Of course, every case is unique, and the final settlement amount will depend on your case’s specific facts and circumstances. The best way to get an accurate estimate of your case’s worth is to speak with a personal injury lawyer.
At The Law Offices of Jason E. Taylor, we have decades of experience handling personal injury cases in North Carolina. We know how to thoroughly investigate your case and calculate the full value of your damages.
To learn more about what your case may be worth, contact us today for a free consultation. We’ll review your case and help you understand your legal options moving forward.
What Can I Do To Maximize My Personal Injury Settlement?
There are a few things you can do to help maximize your settlement.
- First, make sure you seek medical treatment right away. This will ensure that you’re on the road to recovery and create important documentation of your injuries.
- Keep track of all your expenses related to the accident, including medical bills, property damage, and lost wages. This will help you calculate the full value of your damages when it’s time to settle your case.
- You should also avoid giving a recorded statement to the insurance company. The insurance adjuster will likely try to trip you up and use your words against you later on.
- Lastly, be sure to hire an experienced personal injury lawyer. Personal injury lawyers are here to help you navigate the claims process, deal with the insurance company, and fight for the full value of your damages.
Get Help From an Experienced Personal Injury Attorney in North Carolina
If you’ve been injured in an accident, it’s important to consult with a personal injury attorney. An attorney can help you understand your rights and options and will fight to get you the compensation you deserve.
At The Law Offices of Jason E. Taylor, we value the attorney-client relationship and understand your challenges after an accident. We have more than 25 years of experience handling personal injury cases and are here to help. Contact our law firm today for a free consultation. We don’t get paid unless you do!
