How Much Is an Accident Worth?
An accident by itself isn’t actually worth any money. If you had a trip and fall accident, but you weren’t injured, it’s not worth any money. It’s the injury that’s worth a lot of money.
The value of an accident you can sue for or the amount of money you can get from an accident is determined by these three main facts:
- How serious your injury is and how the injury will affect you throughout the rest of your life. Most people don’t realize that their injury is really a serious injury, how the pain from an injury will get worse as you get older and what that will cost you financially.
- Liability or negligence of the person(s) or company(s) at fault, and
- Amount of insurance available to reimburse you for your damages and/or the value of the assets the defendant(s) have to reimburse you for your damages.
See the amount of money we obtained for some of our clients and how much their accident is worth.
The most common types of damages caused by an accident that determine the amount of money you can get from a lawsuit are:
- Personal injury (pain and suffering)
- Medical expenses (past and future)
- Lost wages or lost income (past and future), and
- Property damage.
How Much Can You Sue Someone for Pain and Suffering in an Accident?
We used to sue for at least $10,000,000 in every accident case we had and sometimes much more. The most we ever sued for was $50,000,000 and $500,000,000 in punitive damages for a total of $550,000,000.
However, NYS changed the rules, and personal injury lawyers are no longer allowed to sue for a specified amount of money in the Complaint (the document that starts a lawsuit).
Now, instead of suing for $10,000,000, a personal injury lawyer will ask the jury, at the end of a trial in the closing argument, to award the amount demanded. However, after the Complaint is served on the defendant, the defense lawyer is allowed to demand that the plaintiff’s personal injury lawyer state the amount demanded.
When a personal injury lawyer is trying to settle an accident case, the personal injury lawyer can demand, orally or in writing, any amount that the personal injury lawyer or client wants.
When speaking to the jury at the end of a trial (called closing), the personal injury lawyer can demand any amount that the personal injury lawyer or client wants.
What Accidents Can You Sue For?
Personal injury lawyers don’t all take the same types of accident cases. For instance, some personal injury lawyers only take car accident cases or only medical malpractice.
Following is a list of many of the types of accidents you can sue for that the New York Accident Attorneys near you at HURT-911® want to represent you for. If you had an accident in New York that is not listed here, please call us for a free consultation. Call the Accident Lawyers near me at 1-800-HURT-911®.
We will be happy to let you know if we want to represent you, and if not, we may be able to refer you to another personal injury lawyer. For instance, if you have mesothelioma, there are only a half dozen lawyers in the country who do those cases and will be happy to refer you to one.
Common Types of Accidents That Are Personal Injury Cases You Can Sue For
Construction Accidents | How to Speed Up a Construction Accident Case
Car Accidents – Find out what is considered a serious injury in a car accident and how this is different from other accidents. What is a No-Fault claim?
Motorcycle Accidents and scooters
Trip & Fall Accidents | Slip & Fall Accidents
Workplace Accidents | Independent Contractors | Employees
Police & Fire Fighters – Line of Duty Accidents
Hot water scalding burns (Interest to know what really happened in the McDonald’s Hot Coffee case that caused a serious burn?
Nursing Home Abuse & Negligence
Injuries You Can Sue For
See a list of injuries you can sue for and what injuries are considered serious. As with an accident, an injury by itself isn’t actually worth any money. That’s because the value of an injury you can sue for or the amount of money you can get for an injury is also determined by several facts, similar to the value of accidents you can sue for.
Attorney Philip L. Franckel, Esq., personally authored this page and all articles on NYSeriousInjuryAttorneys.com.
Phil Franckel is a well-known personal injury lawyer in New York since 1989. He is a Founding Partner of 1-800-HURT-911, LLP®, the Personal Injury Dream Team™, and a former Member of the Board of Directors of the New York State Trial Lawyers Association. He has an Avvo Top 10 Rating, Avvo Client’s Choice Award with all 5-star reviews, Avvo Top Contributor Award, Multi-Million Dollar Trial Lawyers Award, and others. See Mr. Franckel’s bio for areas of expertise.
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Watch Founding Partner Phil Franckel, Esq. talk about New York Serious Injury Attorneys.com, difficult cases, and the 1-800-HURT-911® Dream Team™
Philip L. Franckel, Esq. is one of the HURT911® Dream Team™ Founding Partners at 1-800-HURT-911® New York; He has a 10 Avvo rating; Avvo Client’s Choice with all 5-star reviews; Avvo Top Contributor; and a former Member of the Board of Directors of the New York State Trial Lawyers Association.
Founding Partner Rob Plevy, Esq.
Robert Plevy, Esq. is one of the HURT911® Dream Team™ Founding Partners at 1-800-HURT-911® New York. Rob began his legal career in 1993 as an Assistant Corporation Counsel defending The City of New York against personal injury lawsuits.
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