When it comes to making a claim for personal injury compensation, there is one thing we all want to know and this is how much money could we receive? To have a better understanding of your potential compensation claim’s value in Waltham Forest, you need to understand what you can claim for and how compensation is calculated. Keeping that in mind, read on to discover everything you need to know about this aspect of making a personal injury claim.
A compensation claim’s value in Waltham Forest
When discussing compensation, it is best to look at it as a two-part thing. These two parts are general damages and financial losses. Let’s begin with the former.
What are general damages?
This is the amount of money you will receive to compensate you for the injuries you have sustained. To determine how much you will get, the medical report that is provided by your doctor is the main source of evidence. This reveals all about your injuries and the treatment you need to undergo. Therefore, when determining how much you will get, the following are some of the factors that will be considered:
- The severity of the injury
- The type of injury you have sustained
- If you have suffered multiple injuries
- The impact on your day-to-day life
- The impact on your work life
- The impact on your social life
- If you had any relevant pre-existing conditions
What are financial losses?
Now you know what general damages is, the next thing you need to concern yourself with is financial losses. You may have an idea of what these are by the name. Financial losses are exactly that – the money you have lost because of the accident and the injuries you have sustained. You simply need to ask yourself if you would have sustained the cost in question if you had not been injured. If the answer is no, then you know that you can claim for it. Please be mindful that you will need proof, such as receipts, to do so. Here are some common examples of financial losses:
- Treatment expenses
- The cost of counselling
- Prescription expenses
- Loss of income
- Vehicle repair damages
- Hospital parking expenses
- Travel costs
- The cost of hiring someone to look after your children
- Car hire charges
- Accommodation expenses
- … And much, much more
Accident Advice Helpline
Hopefully, you now have a better idea regarding how to work out your compensation claim’s value in Waltham Forest. If you have any more questions, or you are ready to put your case together, please do not hesitate to give us a call on 0800 689 0500 from your landline or 0333 500 0993 from your mobile.
Date Published: 15th November 2015