How Much Is My Albuquerque Personal Injury Claim Worth?

Oftentimes after an accident, one of the first things you’ll realize is how expensive and life-changing injuries can be. The more serious your injuries are, the more they can change your life. Like most things in life, injuries are costly. They can be financially costly, and they can have other negative effects as well.

Your injury is likely to put you out of work for a time, and those medical bills aren’t going to pay themselves. You will quickly be looking for a way to manage these losses. Fortunately, when you didn’t cause the accident that injured you, you can receive a settlement from the at-fault party.

You’ll also need an answer to this question: How much is my Albuquerque personal injury claim worth?

Calculating Your Losses after an Injury Accident

In order to determine how much your ABQ injury claim is worth, you’ll need to add up all your losses. You could have sustained financial losses, such as medical bills. You may also have nonfinancial losses to consider, such as the trauma of your experience.

Calculating your financial losses is easy enough. You will need to add up all the ways your accident has caused you financial expenses. Common financial losses brought about by an accident are lost income, medical care costs, caregiving costs, physical therapy expenses, and mental health treatment costs.

Keep in mind that you may also be entitled to future expenses, such as future lost income and medical care costs.

Your nonfinancial damages are more difficult to calculate. You and your attorney will need to come up with a monetary figure that you believe is fair for the physical pain, mental anguish, and lost life enjoyment you’ve suffered.

Need Help with an ABQ injury Case? Call Today!

You now have a better understanding as to how much your Albuquerque personal injury claim is worth. You don’t have to calculate your claim without assistance. An attorney at Will Ferguson & Associates can help you. Call 505-594-3712 for a free case assessment. You can also connect with us via the online form below.