Although there is no exact formula to directly calculate the amount that a settlement is worth, our Phoenix injury lawyers have the experience you need to calculate your damages and maximize your financial compensation. Every injury claim is different and there will be different circumstances that change the amount that your claim is worth. Insurance companies look for the following common factors to determine different types of payout amounts.
Special Damages: Also known as "economic damages." these types of losses are measured by the amount of money that you have lost in the past and will continue to lost in the future as a result of your injuries. These damages often include medical bills and lost wages.
General Damages: These losses are also referred to as "non-economic damages" and are intangible. General damages signify what you have gone through as a result of negligence. These losses may include pain and suffering and emotional trauma.
If you have questions about how to maximize compensation for your injuries, contact our injury attorneys in Phoenix for experienced counsel and dedicated representation!
Get in touch with our Phoenix personal injury lawyers today to set up a free, no-obligation consultation!
To discuss your case with the Alex & Associates team and learn how we can help you, schedule a free consultation on our website or by calling (602) 483-6114. We are available 24/7!