What is a bodily injury claim?

If you suffer injuries in a car accident that was no fault of your own, you deserve a proper compensation. In this situation, you should file a bodily injury claim right away. These claims are the most common ones of all accident-related claims. Keep in mind that, if you decide to file a claim, you need to support it adequately with evidence. If you don’t, an insurance company will search for loopholes in your request, and try to escape liability if possible.

Filing a bodily injury claim is a way to recover compensation for any pain and suffering caused by a car accident. Thanks to it, you can get the money you rightfully deserve because of the injuries sustained in an accident. You should know that you can file a claim for three types of expenses. The first one includes bills for your hospitalization, if you were severely injured, follow-up care, as well as any other related health or medical case. The second type of expenses you can obtain compensation for includes lost wages. If you were unable to work due to sustained injuries, your bodily injury claim should make up for your lost income. This amount varies, depending on the extent of the period you weren’t able to work for, and the limits in your state. The third type of expenses includes legal fees.

How do you calculate pain and suffering?

The most common approaches for calculating pain and suffering are the “per diem” or daily rate method, and multiplier method. The idea of the first option is to receive a certain amount of money for every day you spent living with the pain caused by a car accident. However, the tricky part is to justify the daily rate you use. If you want to make sure your rate is reasonable, it would be the best solution to use your daily earnings. The idea is that dealing with pain and suffering every day can be compared to the effort of going to work.

The second approach includes adding up all the economic losses and multiplying them by a number between 1.5 and 5. A multiplier depends on several factors, including the influence of sustained injuries on your daily life, the severity of your injuries, the likelihood of a quick, complete recovery, as well as whether the other party was clearly at fault or not.

How long does it take for a personal injury claim?

You should be aware that it usually takes months, sometimes even years, to reach a settlement agreement with the responsible party. Each case is different, as the injuries, needs, and losses vary. If the injuries you sustain are minor, they will stabilize soon, and it will be possible to assess your future needs and losses quickly. On the other hand, if your injuries are severe, it can take a long time, sometimes even a few years, for them to stabilize. After their stabilization, it will be possible to assess your losses and future needs. Once your claim can be adequately quantified, and the insurer doesn’t agree to a settlement, legal proceedings will follow, and they usually last between 12 and 18 months.