Factors Considered During Effort To Put Value On Accident

The value of an accident puts in dollar form the amount of money that the victim of the accident should expect to receive, in the form of compensation. Regardless of their aptitude with numbers, personal injury lawyers in Stouffville must come up with that figure. Still, not all of the considered factors can be stated in the form of a defined quantity. That fact becomes clear to those that must study the most obvious factors.

Factors that need to be considered

How severe was the victim’s injury? An accident that produces a few cuts on the hands of the driver will not be given the same value as one that has caused the driver to suffer a catastrophic impairment. Ideally, the victim took steps to get examined by a doctor, so that the severity of any harm can be properly evaluated.

What medical treatment was given, so far? Sometimes the initial treatment focuses on an incorrectly diagnosed problem. The diagnosing physician ought to be given all the facts, concerning the patient’s medical history. In that way, the physician’s ability to make a correct diagnosis increases.

What further treatments appear to be needed? Here again, the accident’s value will increase, if tests have revealed the true nature of the problem. Normally, doctors start with the simplest tests and then move on to those that might cause the patient some level of discomfort. Sometimes the suggested treatment takes the form of a rehabilitation program. At other times, it can entail completion of a surgical procedure.

Will the victim recover? How fully will the victim recover? Once recovered, will the victim’s life demand attention to any long-lasting effects, as caused by the accident. If that becomes obvious, often due to the injured person’s dependence on special equipment, the accident’s value will increase.

Other than the most obvious effects, what other factors will cause the injury to affect the lifestyle of the injured man or woman. Will that same person have to live with a catastrophic impairment? If that proves to be the case, the accident’s value will become decidedly greater.

Can a future loss of income, due to lost opportunities be predicted? That can add to the value of the accident. The significance of that particular factor increases, as the age of the victim decreases. An older person should not expect to come across the same number of opportunities.

That fact should not get overlooked, if any young people have been harmed by a given accident. Such harm can raise the chances for a future loss of earnings, due to lost opportunities. As those chances increase, the accident’s value increases, as well. In the interests of the affected child, adults should not ignore that fact.