Wednesday, July 17, 2024

How Do Car Accident Attorneys Determine the Value of Your Claim?


If you’ve suffered injuries in a car accident in Philadelphia, and intend to pursue compensation, you can try to deal with an insurance company yourself or hire an experienced motor vehicle accident attorney.


Working with experienced Philadelphia Car Accident Lawyers can boost your chances of getting the compensation you deserve.Insurance companies want to avoid paying you and will go to any extent to devalue or delay your claim. The law doesn’t set a standard to determine the value of car accident claims.


It is crucial to enlist the services of a qualified Philadelphia car accident lawyer to determine the value of your claim and receive the best guidance and support to recover the compensation you are entitled to under the law.


At The Law Offices of Greg Prosmushkin, our seasoned lawyers consider several factors while valuing a claim 


Some of them include: 


The Severity Of Injuries


The severity of your injuries determines your claim’s value.  

Medical professionals determine the severity of your injuries by assessing the damage’s extent and the likely recovery time. Medical records and reports are an integral part of any car accident claim as they provide evidence of the scope of the injury and its impact on the victim’s life.


Usually, injuries are apparent after your accident or from a follow-up medical examination. But, in some cases, symptoms of the underlying injuries can take time to be detected.


Recovery Time


A lengthy recovery period often implies that the victim has had to miss work or incur expenses related to their injury, such as ongoing medical treatment and physical therapy.

The inability to work can make it challenging to pay bills and support your family.

Severe injuries often require months of medical treatment, physical rehabilitation, therapy, and strict adherence to physicians’ prescriptions and medical treatment plans.


Financial Implications Of Injuries


The value of your claim must also reflect the ongoing and future impact of your injuries on your finances. Physical or psychological injuries may have left you unable to work, and loss of mobility may mean you must move or make home modifications to adapt. 


Medical Evidence 


In car accident claims, the injured party has the burden of proof to establish that the at-fault party caused the injuries. Proving fault requires extensive evidence. Medical evidence can prove not only that you were physically injured but also that your injury caused you a significant amount of pain and suffering or mental anguish.

Insurance companies require accurate and robust documentary evidence before providing adequate compensation.


At The Law Offices of Greg Prosmushkin, P.C. Our car accident lawyers will guide you to collect hospital bills, prescriptions, medical records, diagnosis records, and treatment plans. The higher your medical bills, the greater the compensation the insurance company offers. Our Philadelphia personal injury law firm can also secure expert witnesses’ services to support your case. Your settlement should account for the medical costs that you have paid for and are going to keep incurring. 


It is tricky to measure the level of a victim’s fear, anxiety, stress, sleeplessness, and other types of suffering they may sustain due to the injury. Experienced attorneys use a multiplier method to add up all of the economic damages and then multiply this by a set number (usually a number ranging from 1.5 to 5) to reach a figure for pain and suffering. 


Contact A Philadelphia Car Accident Lawyer  


One of the biggest challenges of pursuing a car accident claim is determining how much your claim is worth. At The Law Offices of Greg Prosmushkin, our lawyers can evaluate the evidence and help you understand the potential value of your case. 

Our firm can negotiate with insurers to ensure you receive fair compensation for your injuries. 


If you or a loved one have suffered injuries in a car accident anywhere in Philadelphia, don’t hesitate to contact The Law Offices of Greg Prosmushkin. Our experienced car accident lawyers can help you understand your legal options and fight for fair and just compensation.


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