Personal injury damages are calculated by taking into account a number of factors, including the specific legal claim, the circumstances of accident, the victim’s injuries and the laws of the jurisdiction involved. Personal injury damages may include the following compensatory damages:
- Past and future medical expenses
- Lost wages
- Loss of future income
- Household services
- Pain and suffering
- Loss of enjoyment of life
- Permanent disability
- Property damages
Compensatory damages are meant to reimburse an injured person for his or her losses, both financially and physically.
Some legal claims for personal injury accidents where a defendant’s behavior is particularly egregious, such as tobacco litigation, toxic torts, or dangerous and defective products, also allow a victim to recover punitive damages. Punitive damages are intended to punish the wrongdoer and deter others from engaging in similar conduct in the future.
While some portions of a personal injury damage award – medical expenses and lost wages – may be easily calculable, other expenses – like pain and suffering – are more difficult to calculate. The calculation of pain and suffering, and any permanent disabilities and scarring, is typically left to a judge or jury’s discretion on what is fair and just. The law does not set forth a formula for determining pain and suffering, but some states impose a cap on the total amount of pain and suffering damages.
The Chicago personal injury law firm of Ankin Law Offices, LLC has considerable experience representing personal injury victims with their legal claims. Our personal injury attorneys have the knowledge and skill necessary to assess the circumstances surrounding your accident to help you estimate what your personal injury claim might be worth.
If you have been injured in a personal injury accident, contact our office at (312) 600-0000 to schedule a free consultation with one of our Chicago personal injury lawyers to discuss what your personal injury claim might be worth.