Wednesday 6 April 2022

How Will Personal Injury Lawyer In Mississauga Calculate Your Compensation After An Accident?

According to a report by World Health Organization, almost 1.3 million people die due to road accidents every year. Car accidents happen anytime, and hundreds of people are affected by the injuries every day. But if you are lucky enough, you can get out unharmed from a car accident, but most people are seriously injured and often the accidents lead to fatalities.

Often, these car accidents are not essentially your fault; these accidents occur due to the carelessness of the other driver. If you ever get into a car accident that is not your fault and suffer injuries, Personal Injury Lawyer in Mississauga knows you are entitled to a monetary settlement, which the other party has to pay. The compensation amount depends on the type of Injury you suffer and whether it's a permanent injury or not.

Types of Damages

There are primarily two types of damages taken into account:

Special damages- these are those where your losses and other economic loss you suffer is considered. This includes the hospital bills and the destruction of your car and other property.

General damages- These cover losses, which are not economic losses, such as chronic pain caused by the accident, injuries that can lead to disabilities or shorten the life, mental anguish, loss of a loved one.

Calculation of Monetary settlement

At first, the victim has to show medical bills and the necessary documents required to prove your vehicle's damages or any other property. You also need to present the documents required to gain damages. Your Personal Injury Lawyer in Mississauga will calculate the general damages. As we know, pain is subjective is and doesn't have any particular price tag to it; as a result, various factors contribute to it. Type of pain, or if you need any rehabilitation time also plays a huge role. It also depends on your personal injury lawyer to plead your case correctly; the judge will award you with more than what you would gain.

Different personal injury lawyers use different ways to calculate the account of compensation.

Multiplier method: Many lawyers use this method; the Personal Injury Lawyer in Mississauga multiplies your special damages. In reality, the logic behind this method is that the actual amount of loss the victim endure is more than the amount of money a person pays in hospital bills and other bills. But according to specialists, this method is flawed, as different lawyers calculate it differently as some double the amount others can multiply it with four. There is no universal system. As a result, the amount the victim receives very differently. Also, an accident can hurt people differently. Someone who relies on their physical appearance for their career will be more at a loss after a permanent scare than whose career doesn't revolve around physical attributes. But one can use this method to start the initial calculation.

Per- Diem method: This method is what the name suggests. Suppose you get into an accident, even after medical bills, the doctor advises you to take total bed rest for a few months, so your Personal Injury Lawyer in Mississauga will calculate how many days it will take you to go back to the office. After that, your losses for that period will be calculated. The other party has to give you that amount. This method is a better alternative. For more information visit here: MPC Personal Injury Lawyer