Las Vegas Personal Injury: Knowing What You are Worth

Accidents by definition are something we do not really like to happen. However, these unforeseen situations result in personal injuries that we cannot avoid. Road accidents are so frequent that thousands of motorists find themselves involved in them every year. Accident victims not only suffer physical injury but they could also suffer different kinds of trauma: emotional and psychological, not to mention the financial issues that come along with it. Las Vegas personal injury claimsfrom insurance companies are not easy to deal with.

If you are an accident victim, you probably do not know where to start. How much is the settlement you should get? What is the basis for such a settlement? Is the settlement worth the damages? How do you compute for losses?  Is it worth it to invest in time and energy? Is there a need to get a lawyer? Why and how do you get a good attorney to help with the claims?

Here’s a list of what you need to know about personal injury claims.

How much is the personal injury settlement you should get?

For auto-accidents, an insurance company computes the worth of the damages a claimant should get. The total amount of damages is higher than the insurance claim from the company. Let’s a look at this:

Maximum Settlement = Loss of Income + (Medical Expenses x Pain Multiplier)

To break the formula down:

Medical Expenses: The expenses include any medical fees (ambulance, laboratory, tests, medicines, etc) for your treatment. Medical expenses are also called as “special” damages.

                Loss of Income: The amount of money that you should have earned if you were not injured includes missing a job interview, missing a business opportunity, lost hours from work, etc.

                Pain Multiplier: Ranges of multiplier typically is around 1.5 to 5. The company needs to put a range on the damages that are not quantifiable such as stress, emotional trauma, suffering, and inconvenience. However on this multiplier, the higher settlements that you will get depends on the higher range of multiplier. The range depends on the seriousness of the injury.

Knowing the formula only gives you a ballpark figure. This is something any victim should expect getting from the insurance companies. As insurance companies are actually businesses, they need to make profits and giving low settlement amounts lets them increase their revenues. A Las Vegas personal injury lawyer like Ross Goodman can help you increase the settlement amount you are due as compensation for the pain and trauma that you suffered.

Is there a need for a Las Vegas Personal Injury Lawyer?

Serious injuries need to have a lawyer to help the victims with the claims. Since most insurance companies are just like any other businesses, the settlements that the company might offer could be too low. Such companies are known to give compensation that depends on the fault of the driver for the accident. There is a need to show evidence to the insurance company that you are not liable for it. Ask Goodman and he would help you get a better chance for a higher settlement amount.

Ross Goodman can help you with the following:

• He knows the worth of personal injury claims.

Having years of experience with injury settlement cases, Ross Goodman can help you get a higher personal injury settlement.

• The legal process involved is his specialty.

Legal technicalities, more often than not, is what beat the victims when it comes to claims. Such documents are created by lawyers for lawyers. Fortunately, this is Ross Goodman’s specialty.

• He can improve the odds for settlement.

Claiming settlements from insurance companies is like a war. You need to prepare for the battle ahead by getting the best lawyer there is. Unrepresented victims who do not know anything about the legal process would not harm them. Better get Ross Goodman who is an expert on these legal aspects to get a higher insurance settlement.

• He can take the case to trial.

Worse comes to worst, if both parties would not meet halfway, the settlement claim would end up in a trial with the help of your lawyer. Trials are known to be expensive and time consuming for both parties. Having said that, companies face a bigger dilemma that you might get a higher amount than the claim you were asking. For businesses, avoiding a trial is their best option. Ross Goodman helps you impose fear on insurance companies that there is a possibility of a trial and an increase on your claims.

Las Vegas car accidents and settlement claims from the insurance companies are not a good thing to experience. Ross Goodman can help you with all these legal process and get the worth of the injury you suffered.

Tags : Las Vegas car accidents, Nevada personal injury lawyer, Personal Injury Claims, Ross Goodman