Financial losses have likely hit you hard if you’ve been injured in an Arizona accident. You could be struggling to pay medical bills or losing out on income while you recover from your injuries.
In addition to many other financial losses, you’ve probably suffered greatly because of your accident. You may be suffering from post-traumatic stress disorder (PTSD) due to your accident. You are probably dealing with physical pain due to your injuries. You might even have sustained a permanent injury that will change your life forever.
If this sounds like what you’re going through, you might have questions about personal injury claims, including wondering how to calculate a personal injury settlement in Arizona.
There are two main types of damages you will need to calculate in order to find out what your claim is worth.
The first kind of damages are known as financial damages. These are the damages that cost you money, such as medical bills, lost income, and costs of physical therapy treatment. To calculate these damages, simply gather bills, receipts, and other financial documentation, and then add them up. Include financial losses you will incur in the future if you can prove them.
The second type of damages are known as nonfinancial damages. These damages relate to the negative experience of the accident itself and how the accident affected your life. These damages are a little more difficult to calculate because they aren’t tied to a monetary value. Talk to an injury attorney about what amount you feel is fair for your nonfinancial losses.
Learning how to calculate a personal injury settlement in Arizona is important. You need to know how much you’re owed so you can be sure the insurance company is paying you fairly. If you are struggling to calculate your injury claim, get in touch with the Law Offices of Michael Cordova to talk to a personal injury lawyer. Fill out the form below or call 602-265-6700 to receive a free case review.