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What Determines the Value of a Personal Injury Settlement?

The main factors that determine the value of a personal injury settlement are the amount of insurance coverage available, the extent of the injuries caused by the accident (which can include a multiplier for pain and suffering), and the amount of property damage. 

Factors That Affect The Value of a Personal Injury Settlement

by The Brown Firm / September 19, 2016

What is the value of my personal injury settlement? 

When it comes to filing a Personal Injury Lawsuit in Georgia, there are many variables that go into determining how much your claim is worth.How much is my personal injury settlement worth?

That being said, there are no two cases that are the same.

However, there will be some common factors that tend to either increase or decrease that amount of compensation you can presume to receive for your personal injury lawsuit. 

Personal Injury Attorneys and insurance adjusters alike use the term "multipliers" to estimate the value of a claim. 

Below is a list of some factors that may add a higher or lower multiplier to the calculation of your lawsuit: 

Higher Multipliers
Factors that Affect a Personal Injury Lawsuit in Georgia
  • Traumatic Brain Injury 
  • Medical Treatment by a medical doctor, clinic, hospital, or Chiropractor
  • Prescribed Medication that was related to the injury
  • Permanent Injury
  • Long-Term Injury Treatment  
  • Disruptions of Daily Life such as missed school or work 
  • Long-Term Recovery
  • Physical or Emotional Distress
Lower Multipliers
  • Soft Tissue Injury such as a bruise, sprain or strain
  • Brief Medical Attention 
  • Short Recovery Period
  • No Medication Prescribed 
  • No Permanent Injury
  • No Physical or Emotional Distress
Contact A Personal Injury Attorney In Georgia 

As you can see, there are many different factors that may affect the value of your personal injury settlement.

Which is why it is important to hire an experienced accident injury lawyer to help assist with this challenging process. 

The Brown Firm has a team of expert Personal Injury Attorneys in Savannah, Atlanta, and Athens who can help explain your legal rights and receive the compensation you deserve for your injuries and damages. 

Click on the link below for a free consultation with one of our Georgia Personal Injury Attorneys today and find out what your personal injury settlement is worth. 

Get Your Free Consultation

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