Suffering a personal injury can cause anxiety, especially if you aren’t sure how much money you stand to recover for your losses. Whether your accident was related to medical malpractice, a car crash, or a work accident, you may suddenly find yourself facing a mountain of medical bills, lost wages, and other expenses. Sitting down with a qualified personal injury attorney in Louisville, KY can help you identify all of your eligible losses.
How Much Can You Get From a Personal Injury Settlement in Kentucky?
Statistically, the average personal injury settlement in Kentucky is around $77,000 for individuals who obtain professional representation from an attorney. It is important to note, however, that settlement figures vary greatly depending on the following:
- The nature of the accident
- The amount of available evidence
- The applicable insurance limits
- The availability of witnesses
- The percentage of blame shared by the claimant (comparative fault)
Considering the factors listed above, your claim could be worth much less than $77,000 or much more. We understand that if you have been hurt because another party acted negligently, you probably want to recover all of your losses without paying for any part of your recovery out-of-pocket.
The good news is that, in Kentucky, there is no cap on the amount of money you can demand in a personal injury case, including all compensatory and punitive damages.
How Can a Personal Injury Attorney in Louisville, KY Help You Get the Most Out of Your Settlement?
Our lawyers will work with you to maximize the evidence in your favor and minimize your percentage of fault, thereby increasing the value of your claim. We focus on aggressive negotiation strategies that push insurance companies to settle for the maximum amount you are owed. If negotiations fail to produce a favorable outcome, we are more than willing to fight in court on your behalf.
What Types of Damages Can You Recover?
Compensatory Damages
Most of the money awarded in a personal injury case goes towards covering the plaintiff’s compensatory damages. Compensatory damages refer to accident-related costs, both tangible and intangible. Tangible losses usually include medical expenses and lost wages. Intangible expenses might include pain, suffering, emotional distress, and anxiety.
Punitive Damages
Occasionally, courts will award punitive damages when they feel that the liable party deserves to be punished for bad behavior. Drunk driving, willfully harmful acts, and other examples of gross negligence could result in punitive damages.
Protecting Your Claim
In personal injury cases, understanding the full value of your damages is only half the battle. The insurance company or the other side’s legal team may try to use manipulative tactics to pay you less than you deserve. Our attorneys are skilled at handling the defense and will help you avoid accidentally agreeing to a low settlement offer or unnecessarily disclosing sensitive information.
When you need to recover money from an accident, our lawyers are there to make sure you get the most out of your settlement. To get in touch with a personal injury attorney in Louisville, KY, contact Winton & Hiestand Law Group PLLC.
Recent Comments