Tips From An Injury Lawyer In Stoney Creek To Negotiate A Personal Injury Settlement

There are a few basic strategies to follow during negotiating for a good settlement offer from the insurers of the defendant for any personal injury claim.This will result in a faster and less expensive resolve to your claim lawsuit even before having to file any formal litigation request. But how will you know that you are getting a fair value for your case and whether or not to settle it at the amount offered to you by the insurance company? These are difficult questions to answer as settling your injury claim case is dependent on a wide variety of factors. The best way is to get useful tips from an Injury Lawyer in Stoney Creek and follow it.

Prepare Yourself Well

Right from the very outset you will need to prepare yourself for the settlement process with the insurance company and the defendant with or without your Injury Lawyer in Stoney Creek being present in the scene. The attorney will suggest you to get proper and comprehensive medical attention from an accredited injury doctor, before you begin the settlement process for your personal injury claim. The doctor will determine the type of the injuries sustained and its extent of impact in your life and physical movements. Accordingly appropriate treatment will begin or continue. This critical information will help you immensely in determining the amount you should claim to settle the case.

Calculating Special Damages

The next steep to follow is to calculate the special damages with the help of your Injury Lawyer in Stoney Creek. These are the physical expenses that you incur for the treatment of the injuries sustained and its effect. These special damages or economic losses include all of out of pocket expenses that include medical bills, lost wages and repair cost of damaged property. It may also include your loss in future earning capacity and even the cost of funeral and burial in case of death. Both your past as well as future economic losses are considered for this calculation.

Calculating General Damages

Next step is to calculate the general damages or the non-economic losses. These are rough estimates of your emotional as well as physical pain and suffering along with loss of reputation and humiliation, embarrassment and shock, mental anguish and loss of consortium, loss in companionship and social interaction and much more. The Injury Lawyer in Stoney Creek will usually multiply the special damages, calculated with a multiplier ranging from 1.5 to 5depending on the severity of your injury.

Last Couple of Steps

The next step is to adjust the amount calculated,till now considering a few factors such as liability of the defendant or the defendants. Apart from that your age and occupation, along with the medical history must be considered for such adjustments. You must consider the possibility of a trial and know where the case may be tried and mitigate damages as much as possible. The last step is to make an offer for settlement to the insurance company to start the negotiation process. There will be a lot of negotiating back and forth to arrive at the final and reasonable settlement offer. For more information visit here: EB Personal Injury Lawyer