Legal Question in Personal Injury in Arkansas
Automobile Accident
Hi, I was wondering how do the insurance companies determine the amount that a person is to receive for pain and suffering? Is there a formula that they go by? Thanks and have a wonderful day!
1 Answer from Attorneys
Re: Automobile Accident
Valuation of a personal injury is very subjective
and therefore methods of doing this vary greatly
from jurisdiction to jurisdiction and judge to
judge. First you need to know what type of injury
is involved. If it is "soft tissue" meaning a
sprain or strain and nothing permanent, then in
Louisiana the judges typically look at how long a
person was syptomatic and give them a monthly or
weekly award. This typically ranges from $750.00
to $1500.00 a month plus medical expenses and
other special damages such as lost wages. If the
injury involves broken bones or bulging disks or
other more permanent injuries, the courts look to
what the appellate courts say is the most that
can be awarded for that injury.
You really need to discuss your matter with a
professional who is familiar with your
jurisdiction and the case law for similar injuries.
Peirce A. Hammond II
504-569-0380