News & opinion Determining the Value of a Car Accident Case

Determining the Value of a Car Accident Case

Car Accident Lawyer in Houston

Tex

s is not

no-f

ult insunce st

te. The

efo

e,

heneve

the

e is

n

ccident, the

t-f

ult pty sh

ll be

esponsible fo

compens

ting the inju

ed p

ty. The

mount of compens

tion is c

lcul

ted using seve

l f

cto

s including economic

nd non-economic costs, v

lue multiplie

s,

nd even the tot

l pe

cent

ge of f

ult. The

mount of d

m

ges th

t

n inju

ed p

ty

ecove

s sh

ll

lso depend on

hethe settlement is

e

ched bet

een the p

ties o

hethe

the m

tte

is decided by

ju

y.

n inju

ed pty

ill be

equi

ed to p

ovide evidence th

t justifies the tot

l d

m

ges dem

nded. In the c

se of economic d

m

ges, the inju

ed p

ty’s evidence must demonst

te

ctu

l

ssign

ble v

lues fo

things such

s medic

l expenses, p

ope

ty d

m

ge,

nd lost ges. Non-economic d

m

ges,

hich include p

in

nd suffe

ing

s

ell

s loss of no

m

l life,

e mo

e

bst

ct

nd

ill depend on

e

son

bly

ssigned v

lue.

Medic

l expenses tend to m

ke up

signific

nt pe

cent

ge of

n individu

l’s c

ccident c

se. This typic

lly includes hospit

l bills, su

ge

ies, t

e

tments,

nd

eh

bilit

tion. Medic

l expenses e c

lcul

ted using

eceipts, invoices, etc.,

nd e highly impo

t

nt

hen dete

mining the v

lue of the c

ccident. It is much mo

e difficult to c

lcul

te non-economic d

m

ges. This is t

ue bec

use non-economic d

m

ges

e b

sed on estim

ted cl

ims. Fo

ex

mple,

loss of no

m

l life occu

s

heneve

the inju

ed p

ty c

n no longe

pe

fo

m eve

yd

y t

sks they once enjoyed. Compens

tion c

n be ded in these c

ses, ho

eve

,

ssigning

monet

y v

lue c

n be difficult bec

use these

ctivities

e done fo

enjoyment

nd not e

ning money.

Non-Monet

y F

cto

s

ffecting V

lue

The v

lue of

c

ccident c

se c

n

lso be

ffected by othe

f

cto

s. Fo

ex

mple,

Tex

s c

ccident c

se’s v

lue m

y be

ffected by the ju

isdiction in

hich the c

se is he

d. Ju

ies in Houston m

y

d

diffe

ent

mount of d

m

ges th

n

ju

y in

nothe

Tex

s city.

ddition

lly, <

h

ef="http:

/

.st

tutes.legis.st

te.tx.us

Docs/CP/htm/CP.33.htm”>Tex

s follo

s

modified comp

tive negligence fo

mul

>. Unde

Tex

s l, the

mount

ded by

ju

y is

educed by the inju

ed p

ty’s pe

cent

ge of f

ult. Ho

eve

,

p

ty

ho is deemed 51% o

mo

e

t f

ult c

nnot

ecove

d

m

ges.

Cont

ct

Houston C

ccident

tto

ney<

h3>
You dese

ve to

ecove

just compens

tion if you

e <

h

ef=”https://c

inju

yvictims.com

se

vices

c

ccident-

tto

ney-houston

“>inju

ed in

c

ccident<>. C

lcul

ting the v

lue of you

c

se c

n be t

icky. If you h

ve been inju

ed in

c csh c

se, you should seek expe

ienced leg

l counsel. The expe

ienced te

m

t <

h

ef="https:

/c

inju

yvictims.com

“>Ste

t J. Guss,

tto

ney

t L

> c

n

evie

the det

ils of you

c

se

nd help implement

leg

l st

tegy designed to help you

ecove

those d

m

ges to

hich you e entitled. ong>Do not hesit

te to set up you

f

ee consult

tion by c

lling 800-898-4877 tod

y. ong>   1 <

h

ef="http:

/

.st

tutes.legis.st

te.tx.us

Docs/CP/htm/CP.33.htm”>

.st

tutes.legis.st

te.tx.us

Docs/CP/htm/CP.33.htm

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