When you’ve been injured in an accident in Missouri, one of the first questions that comes to mind is: How much is my case worth? Determining the value of a personal injury case involves several factors, and each case is unique. Understanding how settlement amounts are calculated can help you make informed decisions as you pursue compensation.

Key Factors That Affect Your Settlement Value

1. Medical Expenses

 The total cost of your medical care is one of the largest components in calculating a settlement. This includes hospital bills, surgeries, prescription medications, rehabilitation, and future medical needs if your injuries require ongoing treatment.

2. Lost Wages and Future Earning Capacity

 If your injuries prevent you from working, either temporarily or permanently, your lost income will be factored into your claim. Additionally, if your ability to earn a living is reduced long-term, you may be entitled to compensation for lost earning potential.

3. Pain and Suffering

 Unlike medical bills, pain and suffering are non-economic damages. They reflect the physical pain, emotional distress, and diminished quality of life you’ve experienced due to the injury. Missouri law does not cap pain and suffering damages in most personal injury cases, which allows room for fair recovery based on the severity of the impact.

4. Property Damage

 If your case involves a car accident or other damage to personal property, the cost of repairs or replacement will also be included in the settlement calculation.

5. Comparative Fault

 Missouri follows a pure comparative fault rule. This means that if you are found partially at fault for the accident, your compensation will be reduced by your percentage of fault. For example, if you are 20% at fault, your total award will be reduced by 20%.

6. Insurance Policy Limits

Even when your damages are extensive, the amount you can recover may be limited by the at-fault party’s insurance coverage. In some cases, additional legal action or uninsured/underinsured motorist coverage may help fill the gap.

The Importance of Legal Guidance

Determining the true value of a personal injury claim requires more than adding up bills—it involves understanding how Missouri law applies to your unique circumstances. Negotiating with insurance companies can be challenging, as they often attempt to minimize payouts.

At The Khouri Law Firm, we can provide legal assistance to the St. Louis public. Our team can help assess your case, calculate the full extent of your damages, and pursue the maximum compensation available under Missouri law.