How do I calculate the value of my New Mexico car accident claim?

Frustrated young man holding hands on face feeling tired and suffering from the stress of dealing with the aftermath of a New Mexico auto accident.Though it could be true that you may receive three times your medical bills, it is also just as likely that you could receive more or less. Never assume that the value of your accident claim is simply “3x’s your medical bills.”

There are many important factors that must be considered to determine the true value of your case including the total amount of your medical bills, your lost wages, the severity of your injuries, and your pain and suffering.

There are also factors that can increase the value of your claim. Scenarios that can do so include:

  • The client’s injuries worsened over time, leading to unforeseen treatments and costly procedures.
  • The client didn’t predict the type and/or duration of treatment their injuries required.
  • The client didn’t anticipate the strain the accident would place on their personal life.
  • The client didn’t account for the long-term psychological effects.

While your auto accident may include more or fewer factors than listed above, it is important to realize that no one can give you an actual dollar amount until your claim has been fully investigated. Ultimately, your damages are likely to have additional value if presented to an insurance company by way of experienced Albuquerque legal representation. Having a car accident attorney allows you to see the full picture of your claim while relieving you of the stress from dealing with the insurance company and allowing you the time to focus on your recovery.

James R. Keller
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Partner at Keller & Keller