The Secrets To Valuing Your Car Accident Claim

Figuring out how much your case is worth is a criticalIf the other driver or other defendants show bad
aspect of any accident case, both for you and yourbehavior or bad decisions, the jury will respond. For
attorney. It drives many decisions, including when toexample, was the other driver DUI, unremorseful, calling
settle versus go to trial and how much money yourhis girlfriend instead of calling for medical help? Did the
attorney should spend on preparing your case. Thistrucking company rush investigators to the scene
article will teach you all the different issues yourinstead of calling for help, did they attempt to destroy
attorney is taking into consideration when coming upevidence, did the apologize?
with your case's value.- Other witnesses. The more unbiased witnesses you
What Money (i.e. Damages) You Are Entitled Tohave in your favor, the stronger your case is. Your
There are three (3) different types of damages thatattorney wants, whenever possible, for your case to
are available to you in a personal injury case. They are:be more than your word against the other driver's.
Special Damages, General Damages, and PunitiveYour attorney should also be looking for witnesses
Damages. Special damages are those capable ofthat can testify about your pain and suffering, but who
being proven to an exact amount, usually with the helpare not family members who are biased in your favor.
of bills and/or receipts. Special damages typically- Venue. This simply means the court/county where
consist of medical bills, medications, andyour case would be filed. As a general rule, metro
over-the-counter medical equipment like heating pads,counties are more favorable to plaintiffs than rural
bandages, etc. Special damages also include lostcounties, which are more conservative. But, and as an
wages, lost vacation, lost sick leave, and travelexample of how subtle all this is, if you make a very
expenses - traveling to/from your medicalgenuine, sympathetic witness for yourself, rural,
appointments. You are normally entitled to lost wagesconservative juries have been known to relate and
for the time missed from work or undergoingaward more money.
treatments even if your employer paid you sick leave- Percentage of Fault. In some cases a jury will divide
at the time.up fault among you and the defendants. They can also
General damages are incapable of exact proof andapportion fault among multiple defendants.
are normally the "pain and suffering" you endured from- Prior Injuries Also known as pre-existing conditions,
the accident. This includes emotional damages such asthese are injuries you sustained to the same body
stress, anxiety, and depression. It also includes lostparts you are saying were hurt in your current
social and family events, such as having to missed aaccident. Defense attorneys will comb through your
loved one's birthday or a high school graduation formedical records looking for any injury to argue you
example. Finally, general damages also include anywere not hurt in this accident, but another one. The rub
permanent physical disability or disfigurement. There isis that you are entitled to damages even if you suffer
no formula for determining these types of damages.from previous injuries to the same area. What this
Many attorneys and insurance companies will use afactor does do is cause a jury to discount your injuries
multiple of your special damages to come up with thisby a certain amount.
number.- Property Damage. Your car should look like it
The third category of damages are punitive damages.supports what happens to you. In other words, almost
Punitive damages are meant to punish the wrongdoerno jury is going to award huge damages for a
and are not available in every type of case. Punitivescratched bumper. But, if the car looks totaled, then
damages are extra damages that a jury awards onthere is visual evidence the jury can use to support its
top of the other two types of damages. There aredecision.
tremendous strategic advantages to pursuing these- Doctors Comments. Your medical records will have
types of damages in your case. For example,notes the doctor made commenting on your condition
attorneys are not normally allowed to show the jury aand the statements you made to him/her. Juries listen
defendant's other prior, bad acts. But if your attorneyto doctors. If you have a doctor writing in your medical
seeks punitive damages, your attorney should be ablechart that you are faking your injuries, then you have a
to get this evidence in. Your attorney should look forproblem. You can bet the other side will bring that
every possible reason to obtain punitive damagesdoctor to court.
because it puts huge pressure on the defendant in- Time. The more patient and prepared you and your
both discovery and at trial.attorney are, the more you case will increase over
Factors That Increase/Decrease Your Case's Valuetime. Typically, you case will bump up in value at two
There are many, many factors that affect the valuedifferent points. First, you will reach one value in pre-suit
of your case and each case is different. You shouldnegotiations. Your case will then take a bump in value
always have a candid conversation with your attorneyright before trial, when both sides try to settle the case
regarding what is affecting your case's value bothright before trial. This is especially true if you and your
before you attempt pre-suit settlement negotiationsattorney have performed extremely well during
and before going to trial. The following issues willlitigation.
affect the value of your case, but is not intended to beOK, But What's My Case Worth?
an all inclusive list:Some of you are now scratching your head and
- Your Age. The younger or older you are, the betterthinking there has to be some formula for putting a
your case is. Children aged 1-12 generally havevalue on my case. Before I give you the rule-of-thumb,
outstanding settlement results. So do people in theirI must tell you there is no substitute for an experienced
late 60's and older because of the sympathy theattorney evaluating your case and all its nuances.That
elderly create from the jury. That leaves people agesbeing said, you case can usually value your case at
13-59. These individuals do not receive the samesomewhere between 1.5 and 4 times your Special
sympathy of both the very young and the elderly.damages. For example, if your total medical bills and
- Type of Injury. Obviously the more severe yourlost wages were $15,000. Your case may have a
injuries, the more your case is going to be worth.value of between $22,500 and $60,000. I know. That is
Severe injuries also affect the general damagesa very broad range. The factors above are what an
because the more severe injuries are usually assumedattorney will evaluate to narrow that range. If you
to have more severe general damages associatedmake a horrible witness, the other driver is a saint, and
with them. Compare this with Minor Impact Soft Tissuethe case is going to be filed in a very conservative
cases.county, your case will be on the low end. If you make
- Objective Signs of Injury. When a doctor examinesan incredible witness, the other driver was DUI and
you, there are subjective and objective findings.unremorseful and the lawsuit can be brought in a
Subjective findings are those things that can't bepro-plaintiff county, you are on the high side.
measured or reproduced on paper. Usually, they areHow Insurance Companies Value Your Case
the things you tell your doctor you are experiencing.The insurance adjusters for most insurance
Objective findings, on the other hand, are measurable.companies handle 100's of claims. If it were not for
This includes such things as MRI's, measuring range oftheir computer diaries on each case, they couldn't keep
motion, and lab reports. The more objective findingsthe facts of each case straight. Because the
your case has that supports your case, the moreinsurance companies handle so much volume, they
valuable your case becomes because your injuries arecreated computer software to determine your case's
not just you saying what they are, but are supportablevalue. The most notorious of these is Colossus. This
by tests and measurements.computer system was developed by a consulting
- Your Attorney. This is probably the biggest factor incompany called McKinsey & Co. Instead of
changing the value of your case THAT YOU CANhumans evaluating your case, now more and more
CONTROL. Think about it. All the other items in this listcases are taking this away from adjusters and forcing
are set in stone. The facts are what they are. Butthem to input data into Colossus. The factors the
your attorney is different. Insurance companies tracksoftware uses in determining your case's value are
which attorneys file lawsuits and which go for quickclosely guarded secrets. What is known is that you
settlements. This changes the value of your case.attorney must do his/her best to provide the adjuster
Also, an aggressive plaintiff's attorney will beall the facts, including diagnostic codes, to the adjuster
constantly pushing the other side. This can addto help increase the Colossus valuation.Your best bet
tremendous value to a case because you are puttingagainst Colossus is to retain a lawyer who will
pressure on the defense attorneys as well as theirdemonstrate you are willing to take your case to a
clients.jury. A computer can never know your pain and
- What Kind of Witness You Are. This is always a bigsuffering. A jury will. Also, adjusters will sometimes
factor in the defense valuing your case. In fact, one ofoverride Colossus when faced with a lawsuit so they
the primary reasons for taking your deposition is tocan evaluate your case "one more time" before
see what kind of witness you are going to make inincurring the time and expense of trial. Finally, there is
front of a jury. That is why your deposition preparationevidence Colossus does factor in to its valuation your
is so critical. It will affect the value of your case.attorneys history of taking cases to trial versus just
- What Kind of Witness Is The Other Driver. Juriessettling cases.
tend to focus on emotional decisions and bad behavior.