How Much is My Personal Injury Claim Worth in New Jersey?

Unfortunately, serious accidents happen every day, though they don’t need to, and if you are an accident victim in New Jersey, it’s important to understand your rights. If you were injured due to someone else’s negligence, you may be entitled to compensation for the damages you have endured. The unique circumstances of your case will determine how much your personal injury case is worth. Please continue reading to learn the factors that influence the value of a personal injury claim and why connecting with our skilled Morris County Personal Injury Attorneys is in your best interest. 

What Factors Influence How Much a Personal Injury Claim is Worth in New Jersey?

The total financial losses you incur because of the accident will impact the value of your claim. When taking legal action against another party, you may be entitled to recover two types of damages: economic and non-economic. Economic damages represent actual monetary losses such as medical bills, lost wages, and property damages. Non-economic damages represent subjective losses such as pain and suffering, disfigurement, and loss of enjoyment of life. Generally, when an accident results in catastrophic injuries and disabling conditions, the damages are higher in value in personal injury cases.

Depending on the circumstances of the accident, you may be awarded punitive damages. Unlike compensatory damages, punitive damages are not intended to reimburse injured parties for their losses. Rather, they are intended to punish the defendant for their gross negligence. These damages are designed to deter the defendant and others from engaging in similar egregious conduct in the future.

Can Liability Influence the Value?

Furthermore, liability also plays a role in determining how much a personal injury claim is worth in New Jersey. The state follows the comparative negligence doctrine, which allows an injured party to recoup damages even if they are partially a fault for the accident. However, the amount they can recover will be reduced by the degree of fault for their injuries. It’s important to note that if they are more than half responsible for the accident, they will face the absolute bar of recovery. As such, it’s crucial to enlist the help of an experienced attorney who can help you prove that you were not negligent in these matters.

At Swerling Law, we are prepared to provide you with aggressive and compassionate legal representation during this complex time. Connect with our dedicated legal team today to learn how we can help you fight for the just compensation you deserve and need to get your life back on track.