Uploaded on Jun 21, 2023
A hip injury can be life-changing, putting you in terrible pain that is difficult to manage. People often suffer injuries from someone else in a car accident. As a result, you may be eligible for compensation for this harm. However, when you are unclear about how much compensation you deserve, then you consult with a lawyer. Visit our blog post to learn more about how much is a hip injury worth in New York.
How Much Compensation Can You Claim for a Hip Injury?
How Much Compensation Can You
Claim for a Hip Injury?
A hip injury can be a life-altering event, causing severe pain, limitations on mobility,
and a long road to recovery. If you've suffered a hip injury in New York due to
another’s negligence, you may wonder how much compensation you could receive.
Let’s explore the factors determining a hip injury's value and some examples of past
settlements and verdicts in New York.
Factors that Determine the Value of a Hip
Injury
The value of a hip injury case depends on various factors, including:
1. The Severity of the Injury:
A severe hip fracture that requires surgery, extensive rehabilitation, and concurrent
injuries will generally result in a higher settlement or verdict than a less severe
fracture.
2. The Victim's Age:
The age at which an individual sustains an injury significantly impacts the extent of
their pain and suffering damages. Younger individuals are likely to experience greater
levels of physical, emotional, and psychological distress due to the injury, primarily
because they have a longer life ahead of them to endure the consequences of the
trauma. Conversely, older individuals who suffer an injury are less likely to be
awarded substantial pain, and suffering damages as the duration for which they will
experience the effects of the injury is comparatively shorter.
3. Economic Damages:
The total amount of medical expenses, lost wages, and future medical costs will
influence the value of a claim. The out-of-pocket costs you incur in connection with
your injury should be paid back to you in any verdict or settlement. Out-of-pocket
expenses affect both your economic damages and non-economic damages.
4. Non-economic damages:
Unlike economic damages, non-economic damages such as pain and suffering, loss of
enjoyment of life, and emotional distress can be hard to quantify. This is where
multipliers come in. Attorneys apply multipliers (generally 1x to 5x) to your
economic damages to assess the value of your non-economic damages.
5. Liability:
The degree of fault attributed to the defendant and their insurance policy limits will
also affect the amount of compensation available.
6. Insurance Policy Limits:
As the old adage goes, you cannot get blood from a stone. All of the above factors are
irrelevant if the individual or entity you are suing does not have money to pay you.
That is why assessing the defendant's insurance policy early on in litigation or during
pre-litigation is crucial.
If you've suffered a hip injury in New York, it's crucial to seek legal representation
from an experienced personal injury attorney who can help you navigate the legal
system and recover maximum compensation. Yassi Law has a track record of
successfully handling personal injury cases and is dedicated to helping our clients
receive the justice they deserve. Find out more about our personal injury practice,
and contact us for a free consultation.
Conclusion
The value of a hip injury case in New York depends on various factors, and providing
an exact figure is challenging. However, you can estimate the potential value of your
claim by considering the severity of the injury, the victim's age and health, economic
and non-economic damages, liability, and insurance policy limits. If you've suffered a
hip injury due to someone else's negligence, contact an experienced personal injury
attorney to help you receive the compensation you deserve.
Source:
How Much Money is a Hip Injury Worth in New York?
Comments