How Much Is My Personal Injury Case Worth in Georgia?

How Are Personal Injury Settlements Calculated?

In Georgia, personal injury settlements can be complex, as they involve numerous factors. The calculation primarily considers the tangible and intangible impacts of an injury caused by an accident. Here’s a breakdown of how settlements are typically determined:

Medical Bills

Medical expenses form the bedrock of most personal injury settlements. These costs encompass all medical-related bills arising from the injury, including hospital stays, surgeries, medication, and follow-up visits. It's crucial that you maintain accurate records of all medical expenses, as these will be critical in calculating the compensation.

Lost Wages

An injury often means missed workdays, which translates to lost income. Claimants are entitled to compensation for loss of wages during recovery. In addition, if the injury affects future earning potential, settlements may also cover future lost wages, accounting for the long-term financial impact of the injury.

Pain and Suffering

Unlike medical bills or lost wages, pain and suffering are non-economic damages. They account for the physical pain and emotional distress endured due to the injury. Calculating this can be subjective, and it often depends on the severity of the injury and its impact on the victim's quality of life.

The Role of Liability

Determining fault is a critical part of any personal injury settlement. Georgia follows a system known as "comparative negligence," which means that the settlement amount can be reduced if the injured party is found to be partially at fault for the accident. For example, if you are found to be 20% at fault, your settlement could be reduced by 20%.

Navigating these factors requires a methodical approach, often with the help of a legal professional. Understanding the nuances of how settlements are calculated in Georgia can help you better prepare and advocate for the compensation you deserve, ensuring all aspects of your loss are accounted for.