How Is a Personal Injury Claim Valued?

How Is a Personal Injury Claim Valued?

Determining the value of a personal injury claim involves careful analysis of economic damages (quantifiable losses) and non-economic damages (subjective losses like pain and suffering).

Economic Damages

These include medical bills (past and future), lost wages, reduced earning capacity, property damage, and out-of-pocket expenses related to the injury.

Non-Economic Damages

Pain and suffering, emotional distress, loss of enjoyment of life, and permanent disability or disfigurement are considered. California does not cap non-economic damages in most personal injury cases.

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