As you may know, in case of a car accident injury in Annapolis, you may recover compensation, depending on the circumstances. If you have talked to a Maryland traffic attorney, then you know that the compensation you may be entitled to can cover your medical bills, time missed from work as well as pain and suffering. But what is the value of pain and suffering in a car accident in Maryland? Read further to find out.
As a car accident lawyer in Annapolis will tell you, the terms “pain & suffering” refer to both physical and emotional pain resulted from your injury. It can include factors like physical pain, grief, emotional distress, insomnia, worry, fear, and inconvenience. Even though insurance adjusters are not legally compelled to any use particular method to determine the value of pain and suffering in a car accident injury, there are two common methods to calculate the damages.
Any Maryland traffic attorney is familiar with the multiplier method. This method refers to multiplying the value of your other damages in order to grasp the value of your pain and suffering. For example, if your medical bills cost $60,000, the insurance adjuster can multiply this sum by two and the result will be &120,000 damages for pain and suffering. Usually, the multiplier is between 1 and 5.
The other common methods for determining the value of pain and suffering in a car accident injury in Annapolis is the “per diem” method. In this situation, it is established a daily value of your pain and suffering. That value is multiplied by the number of days until you make a full recovery. If, for example, your per diem value is $7,000 and you endure the pain for 30 days, then you are entitled to receive $210,000.
As your car accident lawyer in Annapolis will tell you, the most important factors for these methods are the multiplier (for the first method) and the per diem value (for the second one). The more severe the injury, the higher the variables of calculating your pain and suffering. In order to help your Maryland traffic attorney get the best value for your car accident injury, you can provide them with all of your medical records, photos that document your injury over time, reports from your co-workers, friends or loved ones, as well as a pair journal. A well-documented case usually gets better pain and suffering value.
If you or a loved one have been involved in a traffic accident that resulted in a car accident injury, then you need to immediately contact a Maryland traffic attorney. Don’t try to negotiate the value of your settlement by yourself and don’t discuss with the other driver’s insurance company. Instead, contact the best Maryland traffic attorney at (443) 569-3950 or by email at chris@annapolisaccidentattorney.com to receive a free initial assessment of your case.
