Adding Up Your Losses After an Accident

As a victim of a serious vehicle collision or workplace accident, you may have suffered injuries that are now impacting your daily life. You may be entitled to compensation for your losses, but knowing that you have a claim is just the first step in the process. How do you know how much your case is worth? How do you start adding up your losses? How do you make sure that you don’t settle for too little and end up stuck with outstanding medical bills and other losses? These are important questions you need to answer in order to avoid making mistakes that could impact your life for years to come.

car accident in Boston, MA- how do you add up your losses?In this article, we provide an introduction to some of the key factors that come into play when adding up your losses after a car crash or jobsite accident. To learn more about your individual situation, we invite you to contact us to schedule a free consultation.

What is the Extent of Your Accident-Related Injuries?

One of the first steps toward determining what your case is worth is discovering the full extent of your physical injuries. Accident victims often suffer multiple injuries, and in order to pursue your claim, it will be important to know how badly you have been harmed.

For this reason, we always recommend that accident victims seek medical attention as soon as possible. Your claim will likely require follow-up visits as well, but seeing a doctor immediately will help both: (i) make sure you get necessary treatment, and (ii) establish the crucial link between the accident and your injuries. If the insurance company, judge, and jury aren’t convinced that your injuries are linked to the accident, you won’t be able to recover any compensation for your losses.

Once you know the extent of your accident-related injuries, then you can begin to calculate your losses. This includes not only your outstanding medical bills, but your future treatment, surgery, therapy, and rehabilitation costs as well.

What Non-Medical Costs Have You Incurred?

Keep in mind, however, that your medical expenses are just one portion of your personal injury claim. While the benefits available under workers’ compensation are somewhat limited in Massachusetts, if you have an auto accident claim or another claim against a third party, you may be entitled to recover all of your accident-related losses. This may include:

  • Lost wages for time you missed from work
  • Lost future earning capacity if your injuries prevent you from doing your job
  • Alternate transportation costs
  • The cost of hiring a nanny or housekeeper to do things you used to do yourself
  • Money you had to pay to have someone shovel your snow or mow your lawn
  • Other out-of-pocked costs necessitated by of your injuries

How Have Your Injuries Negatively Impacted Your Life?

The third major aspect of your claim will include what are called “non-economic” damages. These are damages that are intended to cover the intangible effects that the accident and your injuries have on you and your family. To help you paint a complete picture of the impact of your injuries when it comes time to testify, it is a good idea to keep notes on how your injuries affect your life. Common non-economic damages include:

  • Pain and suffering
  • Emotional distress
  • Loss of enjoyment of life
  • Loss of society and companionship
  • Loss of consortium

Depending on the extent of your injuries and the cause of the accident, your economic and non-economic damages may add up to tens of thousands, hundreds of thousands, or even millions of dollars. To find out how much you may be entitled to recover, contact the Law Offices of John J. Sheehan today.

Have You Been Injured? Contact Law Office of John J. Sheehan in Boston, MA for a Free Consultation

The lawyers at the Law Office of John J. Sheehan have recovered millions of dollars in compensation for accident victims in Boston and throughout Massachusetts. If you have been injured in a vehicle collision, at work, or in another situation where someone else may be financially responsible for your losses, call today or contact us online to find out how much you may be entitled to recover.