Have you suffered a knee injury in an accident, such as a slip-and-fall incident or a car accident? A generic knee injury settlement calculator can only give you a rough idea of your estimated settlement value. Every settlement amount is unique depending on the circumstances of a knee injury.
How can you calculate the fair settlement you’re entitled to in a knee injury case, and what factors affect your knee injury settlement value? Read on to find out more so you can plan for your financial future.
Each Personal Injury Case Is Unique
It’s difficult to give an exact estimate of a knee injury settlement’s value. While some generic online calculators can estimate this amount, they rarely reflect the final claim value. This is because each injury case is unique and has circumstances that can impact how much compensation you’re entitled to.
How Can An Auto Accident Cause A Knee Injury?
Car accidents such as head-on collisions and sideswiped can cause different kinds of serious injuries, including knee injuries. Some of the most common knee injuries include:
- Broken bones
- Kneecap fractures
- Meniscus tear
- Torn or sprained ligaments
- Bruises and contusions
Some victims of motor accidents think that they don’t have a knee injury just because they don’t feel any immediate physical pain. However, such an injury and its effects on your health can take a while to be felt.
Always seek medical treatment immediately after being involved in a car accident. This will document the extent of your injuries for your personal injury settlement, as well as determine the amount of medical care and physical therapy you’ll need.
If you delay getting treatment, this can have a negative impact on your personal injury settlement. The other party’s insurance company may question the severity of your injury if you wait too long to see a doctor.
How Can You Estimate the Potential Value of A Knee Injury Settlement?
The right equation includes the following elements of your knee injury case to estimate the potential value of your knee injury settlement.
Severity Of Knee Injuries
Simply put, more serious knee injuries are entitled to higher compensation than minor injuries. For example, a few bruises won’t get you as large an award as a severe injury that requires multiple knee surgeries or a knee replacement.
Some serious knee injuries don’t just need immediate medical care – they may also require physical therapy so you can fully recover. Apart from the cost of your immediate emergency medical care, any knee surgery and physical therapy will be factored into your estimated settlement amount.
Your injury may also require continuous medication, consultations with specialists, and equipment for mobility. Your injury settlement should also account for these future medical bills.
Liability
Auto insurance laws differ from state to state. Some states have at-fault insurance laws, where both your liability and that of the other party can affect your settlement award. If you’re found to be partially at fault for a car crash, this could reduce your settlement from the other party’s insurance company.
Liability can take time to prove, whether in negotiations or during court proceedings. The at-fault party’s insurance company may take advantage of this and lowball the offer. As bills continue to pile up and legal processes grind on, victims may end up settling for these unfairly low amounts just to cover their expenses.
In this scenario, pre-settlement funding a.k.a. a lawsuit loan can give you the resources you need to successfully resist a low offer and fight for a fair settlement amount. By getting a no-risk cash advance on the value of your settlement, you get enough money to cover immediate expenses such as medical bills and living expenses.
Pre-Existing Injuries
If you already had a pre-existing knee condition or degenerative knee complaint, this may reduce the amount of your knee injury claim. However, this doesn’t mean that you won’t be entitled to compensation. Consult your lawyer to find out more about the impact of your pre-existing conditions on your knee injury settlement value.
Pain And Suffering
In some knee injury lawsuits, victims find that they suffer emotional pain and suffering after their accident. They may experience issues such as sleepless nights, stress, and panic attacks. These are categorized as non-economic damages for which you should be rightfully compensated.
Lost Income And Effect On Employment
Many victims need time to recover from their injuries, resulting in time off from their job. In the most serious knee injury claims, some victims can no longer perform their old jobs. Your potential settlement must factor in lost wages from missed days of work, as well as the accident’s negative impact on your ability to support yourself.
Property Damage
You may also have suffered damage to your property, such as your car or your home, as a result of an auto accident. Your personal injury claim should also include the cost of repairs or replacement of damaged property.
There’s No Substitute For Expert Legal Advice
The more of the above factors involved in your personal injury, the more complicated your case gets. Consult an experienced personal injury lawyer to find out more about the settlement process and how you can get the maximum settlement value.
A personal injury attorney can tell you more about the average settlement amount in personal injury cases similar to yours. They can also help you get the documentation you’ll need for a personal injury claim and negotiate with the at-fault party and their insurer.
Personal injury lawyers are more successful than victims at negotiating settlements. They are more likely to win the case in court, as well as get a larger settlement amount. If you’re worried about the cost of legal counsel, fret not – a lawsuit loan can help you cover your legal fees and your living expenses.
What Is A Lawsuit Loan?
Lawsuit loans, also known as pre-settlement funding or lawsuit funding, are risk-free cash advances on your knee injury settlement. It’s risk-free because if you lose your case, you won’t have to repay it. If you win your case or settle out of court, the only collateral that can be used to repay it is your settlement award. A funding company can’t force you to use your income, assets, and personal property to pay off this loan.
Waiting for a knee injury settlement can be a lengthy process, and as you wait for your claim to be processed, your bills will start to pile up. Lawsuit loans help you access funds from your settlement now, so you can pay off these expenses and focus on your recovery.
These cash advances can also help you resist settling for a lowball knee injury settlement offer because you have enough funds to pay your bills and lawyer. Because funding companies don’t get anything unless you win or settle, they may even offer additional case funding so your lawyer can hire expert witnesses, gather documents, and get the time they need to prove your claim.
Tribeca Lawsuit Loans offers lawsuit loans with fair, transparent interest rates and no hidden fees. Contact us through our site details to find out how you can apply for pre-settlement funding!
Apply For A Knee Injury Settlement Loan For Free!
Tribeca Lawsuit Loans offers pre-settlement loans for personal injury claims, including knee injury lawsuits. We can offer up to $2 million for a knee injury lawsuit cash advance, and we’ve lent an estimated $45 million to our clients in different states.
Our knee injury loan application process is quick, easy, and free. In some cases, we can even approve an application within 24 hours and send a settlement cash advance right away. Contact us by calling (866) 388-2288 or click Apply Now and one of our team members will happily assist you.
Get the financial resources you need to resist a low offer and pay your living expenses. With help from Tribeca Lawsuit Loans, you’ll be able to fight for the settlement amount you deserve!
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