Now, why is valuing a claim at the outset difficult? Furthermore, how do solicitors value claims? Solicitors use a variety of tools to place a value on a claim – these I have set out below:
- Medical report: Once liability has been admitted on your claim your solicitor will arrange for you to have a medical examination. This examination produces a report which provides extensive information on your accident, injuries and the effect of the injuries on your life. The medical report also gives a prognosis detailing when you are likely to recover from your injuries. The medical report therefore provides a valuable foundation from which your claim can be valued.
- Judicial Studies Board Guidelines: The JSB guidelines band neck injuries for the purposes of valuations. These bands are as follows:
- Minor Whiplash Injuries – £875 to £5,150
- Moderate Whiplash Injuries – £5,150 to £16,400
- Severe Whiplash Injuries – up to £97,000
- Case law: your solicitor may look at cases similar to your own which have settled already in order to value your claim.
- Skill, experience, and expertise of your solicitor: A solicitor will utilise all of the tools at their disposal in order to value your claim and maximise your compensation. This is why it is beneficial to choose a law firm who have a great deal of knowledge and experience in personal injury and specifically in whiplash injuries.
The average minor whiplash claim settles for around £2,500.
Following on from my last point, choosing the right law firm for you and your claim can be crucial to maximising your compensation. If you require information regarding the benefits and services which The Injury Lawyers offer, feel free to give us a call.
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We can help you make things right if you've had an accident and been injured. If you've a legitimate compensation claim then The Injury Lawyers can offer you No Win, No Fee representation to ensure you receive the maximum compensation you deserve.