If you or a loved one have been involved in a personal injury accident in Florida, you may be wondering how compensation is calculated in these cases. At Lance P. Richard, P.A., we assist the Martin County public with personal injury matters. In this blog post, we will explore the various factors that go into determining compensation in a Florida personal injury case.

Medical Expenses: One of the main components of compensation in a personal injury case is medical expenses. This includes current medical bills related to the accident as well as future medical costs for ongoing treatment or rehabilitation. It's important to keep detailed records of all medical expenses to ensure they are included in your compensation calculation.

Lost Wages: If your injuries have caused you to miss work, you may be entitled to compensation for lost wages. This can include both past and future earnings that you would have received if not for the accident. Your attorney will work with you to gather documentation such as pay stubs and employment records to support your claim for lost wages.

Pain and Suffering: Another factor that is considered when calculating compensation in a personal injury case is pain and suffering. This type of damages accounts for the physical and emotional pain you have endured as a result of the accident. While it can be more challenging to put an exact dollar amount on pain and suffering, experienced attorneys can help assess the value based on similar cases and legal guidelines.

Property Damage: If your vehicle or other property was damaged in the accident, you may also be entitled to reimbursement for repairs or replacement costs. This can be factored into your overall compensation calculation along with other economic and non-economic damages.

Punitive Damages: In some cases, punitive damages may also be awarded in addition to compensatory damages. These are meant to punish the at-fault party for their actions and deter similar behavior in the future. However, punitive damages are not always awarded and typically require proof of gross negligence or intentional misconduct.

Navigating a personal injury case can be overwhelming, especially when it comes to understanding how compensation is calculated. By working with an experienced personal injury attorney like Lance P. Richard, P.A., you can trust that your case will be handled with care. We are dedicated to helping Stuart residents seek fair compensation for their injuries and losses so they can focus on healing and moving forward after an accident.