How to Calculate an Illinois Personal Injury Settlement
Accidents can change your life in many ways, such as physically, emotionally, and financially. The blows to your life add up quickly. You might know that you deserve compensation for these losses, but you don’t know how much you can get.
The injury attorneys at our firm know how to calculate an Illinois personal injury settlement so you can rest assured knowing you’ll get what’s owed to you. Learn more about how we will determine your claim’s value.
Financial Damages and Non-Financial Damages
There are two main types of damages you can seek payment for: financial and non-financial.
Financial Damages
Financial damages are all the losses that directly affect your finances: If you had to pay medical bills; if you missed out on wages because your accident injuries kept you from working; if you had to pay a caregiver to help you get around during your recovery from your injuries—these are all financial losses.
To calculate them, you simply need to add them up. It’s important to keep careful records of financial losses so you have proof when building your claim.
Non-Financial Damages
Non-financial damages are all the losses you’ve faced that can’t be given a monetary value. Losses of a physical, emotional, or mental nature, such as pain, trauma, fear, anxiety, stress, and any other kind of suffering are all types of non-financial losses.
These losses can’t easily be calculated because suffering is different for all of us. Your lawyer will do everything possible to see that you receive an amount of money that you believe adequately compensates you for the non-financial losses you’ve endured.
Get Ahold of a Personal Injury Attorney in Illinois
You can be sure that your attorney at our office knows how to calculate an Illinois personal injury settlement. You are owed full and fair compensation for everything you’ve been through, and we’ll do everything we can to see that you get it. Reach Mahoney & Mahoney, LLC by dialing 815-656-4600 or through the web form below.
