How Much Is Your New Jersey Personal Injury Claim Worth? Factors That Impact Compensation
Unexpected accidents can leave you suffering serious personal injuries in New Jersey. When others are to blame, you have the right to hold them liable for lost income, medical expenses, and other costs. A common question from clients concerns how much their case might be worth.
There is no one quick answer to that question, as the amount you may be entitled to receive under state personal injury laws varies case by case, depending on the unique circumstances involved. Our experienced Red Bank personal injury lawyer fights to get clients the maximum amount they need to recover and explains common factors that affect settlement calculations.
Factors That Determine the Value of a New Jersey Personal Injury Claim
No two personal injury cases are identical. Under the New Jersey Statutes, compensation generally falls into two categories: economic and non-economic damages. Factors that influence the amount of damages you may be entitled to, either through insurers or by filing a New Jersey personal injury lawsuit, include:
- The severity and permanence of your injuries.
- Current and future medical costs related to the accident.
- Lost wages and diminished earning capacity.
- Property damage resulting from the incident.
- Pain, suffering, and emotional distress.
- The degree to which your own actions contributed to the accident.
That last point matters significantly. Under the state’s modified comparative negligence rule, you can recover damages only if you are found 50 percent or less at fault. Your percentage of fault then reduces your total compensation.
What Can Limit Compensation for Personal Injuries in New Jersey
The New Jersey Department of Health reports that car crashes, trips and falls, and other accidents claim the lives of nearly 5,000 residents each year and leave tens of thousands of others suffering severe, potentially life-impacting harm. When negligence on the part of others is responsible, you have up to two years under the New Jersey Statutes to hold them accountable.
If the at-fault party can prove you were at least partly at fault, it can limit the compensation you receive. Other factors that can work against you include:
- Gaps or inconsistencies in medical treatment.
- Delayed reporting of the accident or injuries.
- Insufficient documentation of damages or expenses.
- Pre-existing conditions that complicate injury claims.
Insurance companies routinely look for reasons to minimize payouts. Having professional legal representation can help in getting the maximum amount you need to recover.
Schedule a Consultation With Our Experienced Red Bank Personal Injury Lawyer Today
Personal injuries in New Jersey can impact your health and financial security long after an accident happens. You have one chance to get the compensation you need to recover. At Sanvenero & Cittadino Law Office, our Red Bank personal injury lawyer provides the experienced, professional legal representation needed to get the maximum amount possible under state laws.
To protect your rights in a personal injury claim, call or contact our office online today to schedule a consultation. We help injured victims and families in Shrewsbury, NJ, Monmouth County, NJ, Central New Jersey, and throughout the state.
Sources:
hlis.njleg.state.nj.us/nxt/gateway.dll?f=templates&fn=default.htm&vid=Publish:10.1048/Enu
doh.nj.gov/doh-shad/indicator/summary/UnintInjDeath.html
njcourts.gov/faq/what-statute-of-limitations-claim-my-case