How Much Is My Car Accident Injury Claim Worth?

This is Kentucky Injury Lawyer Tate Meagher with Meagher Injury Lawyers. So, how do I know how much my car accident injury case is worth in Louisville, Kentucky?

Case Evaluation

First, know that every case is different. The facts of your case must be evaluated. The way attorneys and insurance companies evaluate these injury claims is by trying to determine what a jury of strangers would award the injury victims under all facts of the case. Also, remember, that you must prove liability against another driver in your case.

Pure Comparative Negligence

Kentucky is a pure comparative negligence state, which means if you can, for example, prove that the other driver was even just 1% at fault for the accident, you are entitled to recover 1% of your damages from that driver's insurance company.

Determining Claim Value

So, how do insurance companies and lawyers try to determine the amount a jury may award a car accident injury victim in their case? Well, the best way is to look at past data. We look at past jury verdicts in similar cases in Louisville, and Jefferson County, Kentucky. We examine past jury verdicts in the local area where the plaintiffs suffered similar injuries to the car accident injury victim. This will give us a good range of what the case is likely worth should the case go to a jury trial.

Insurance Coverage Limits

Lastly, while you may have significant damages, there may not be sufficient insurance available to you to recover all your damages. In such a scenario, and if the at-fault party does not have significant assets to pursue, the most you may be able to obtain in your case is the insurance policy limits. As such, it's wise to obtain as much uninsured motorist insurance coverage and underinsured motorist coverage on your automobile insurance policy as possible to protect you and your loved ones.

Conclusion

With that said, remember, if you have been injured in an accident, don't wait—call Tate. Also, be sure to subscribe to my YouTube channel and watch more of my videos. Thanks for reading!