We get hundreds of calls each year from injured Iowans who want advice on how to handle their Iowa personal injury case. One of the most common questions we get is “How much should I get for my injury?”
Settling Your Case For Fair Compensation Can Be Tricky
It’s likely we’ll tell you that how much you will receive for your Iowa personal injury settlement depends on a number of different factors. Some of these factors include:
- How badly you were injured
- Who was at fault for your injuries
- The amount of insurance coverage held by the person who hurt you.
These factors will make a big difference in how much you can receive.
For example, someone who was paralyzed because a semi-truck driver fell asleep at the wheel is likely to receive far more compensation than a person who suffered a broken arm because they were hit by the driver of a car. This is because the level and seriousness of the injuries is different, and the amount of insurance coverage that a semi-truck driver has to carry is far more than a “regular” driver.
Compensation You Can Receive Due to Your Injuries
Depending on the seriousness of your injuries, you may be entitled to compensation for:
- Lost wages
- Pain and suffering
- Past and future medical bills
- Loss of consortium
Do Not Negotiate With the Insurance Company Before Talking With an Attorney
However, negotiating with the insurance company is not an easy task, especially if you do it yourself. Insurance companies have the upper hand because they deal with thousands of claims every year and know how much yours is likely to cost.
If you go into settlement negotiations demanding too much, the insurance company will know they don’t have to take you seriously. If you demand too little for your claim, however, you could end up with little to no money in your pocket after all of your accident-related bills are paid.
That’s why we recommend talking to an attorney before making any big decisions about settling your claim. Every year we receive phone calls from Iowans who receive lowball settlement offers from insurance companies and are looking for help. Do not assume that an insurance company will treat you any differently.
If you have been seriously injured because of someone else’s fault, we recommend that you consult with a personal injury attorney before talking with the other side’s insurance company or accepting any settlement offers. The initial consultation is usually free, and an attorney will be able to give you personalized advice about your claim. They can tell you whether hiring an attorney to help with your claim would be a good idea, or if you can negotiate a settlement on your own.
While everyone’s case is different, a lawyer experienced in Iowa personal injury cases will be able to analyze your case and give you an educated estimate on how much your case may be worth. This estimate is based on how much a jury is likely to award if you were to go to trial and win.
Need to speak with an experienced Iowa personal injury lawyer? Call RSH Legal today at 1-319-774-1903.