The following information is not intended to be legal advice, nor does it establish any attorney-client relationship. The contents of this blog are for instructional or informational purposes only. Anyone and everyone should consult an attorney for specific legal and financial advice and consultation for
their case(s).
No two car accidents are the same, nor should anyone expect the exact same compensation (if any) for injuries suffered in car accidents. Every car accident is unique in its facts, effects, and outcome.
There are a multitude of factors which can impact the outcome of an injury settlement from a car accident.
The core goal of negotiating an injury settlement in a car accident or other personal injury claim is
to determine a fair and reasonable amount of money and/or conditions both or all sides will accept to settle the claim without litigation. Most insurance companies have their own formulas or procedures, or protocols they follow to determine what they are willing to pay for each claim (if anything). The following calculator (WISC) outlines generally what works in Maryland for fair and reasonable car
injury settlements.
1. Be reasonable and open-minded. The legal goal of settlement is not to necessarily make the injured party rich [ No amount of money is worth the ordeal, pain and suffering of being injured in a car accident]. Engage a car accident personal injury attorney immediately for legal representation, advice and consultation.
2. Total your total car and other property damage ($). Do not forget your rental car, taxi and bus costs,etc., get around while your car is disabled or being repaired.
3. Keep track and total all medical expenses ($) as well as medical treatment documentation. Do not forget to include prescription medicine costs, and costs to go for doctor visits,etc.
4. Keep track of and verify your lost wages or earnings ($).
5. Keep track of and be able to document your future lost income ($).
6. With your doctor's assistance after treatment [ his or her final prognosis, etc., of future medical treatment, pain and suffering,etc,], and with your attorney's final input and decision, estimate your future medical expenses.
7. In my personal injury law practice, my MULTIPLIER, after these calculations, can vary depending upon the severity and long-term effects of the injuries, etc. Probably the average
multiplier some attorneys use is between about 1 and 4. I and some others have successfully gone higher. It depends on the facts.
Should you have questions, or desire and initial free consultation, call us at Charles Jerome ware, LLC, Attorneys and Counsellors : (410) 720-6129 or (410) 730-5016.
