How Are You Compensated For The Accidental Loss Of A Limb?

It would be almost impossible for many people to put a dollar value on the loss of some part of their body. But when you're injured in an accident, this is exactly what you and others must try to do. How are damaged or lost body parts given a financial price tag? And how can you ensure the best compensation for this life-changing injury? Here's what you need to know. 

How Is Compensation Calculated?

As with many elements of personal injury law, compensation for the destruction or loss of a body part isn't a one-size-fits-all number. There is an attempt to standardize the calculation process for certain types of coverage, though. For instance, accidental death and dismemberment policies provide a set dollar amount for each list type of injury. 

States have tried to standardize compensation calculations as well. Some states provide a set of dollar amount guidelines for things like the loss of a limb. Other states use a table that assigns a percentage of impairment for each injury and then links that to how many weeks of pay you are compensated with. 

Why Does Compensation Differ?

One of the biggest reasons for differing compensation is how states manage workers compensation claims. 

However, other compensation can take into account a range of determining factors. For example, the loss of a person's thumb is more likely to be compensated at a higher level than a finger. Why? The thumb plays an important role in grasping, making it a more damaging loss. 

You may also receive compensation based on some unique factors of your situation. A visual artist who relies on their excellent eyesight to create valuable art may get higher compensation for the loss of one eye than the average person, due to its outsized effect on income. 

How Can You Maximize Compensation?

Everyone who suffers the loss of a limb, loss of mobility, loss of sight, or more deserves the most financial compensation they can get. Taking a few important steps can help you get this. 

Your first step should be to work with an experienced personal injury attorney. On your own, you're unlikely to know how to build a solid case for better compensation and negotiate with insurance companies or liable parties. 

Too, don't overlook any other parties who might owe you compensation. While you can't generally sue your employer for a workers compensation claim, you may be able to sue a property owner, outside vendor, or others. Injury lawsuits are one of the best routes to better compensation. 

Finally, educate yourself about the compensation options and calculations in your state. Most Americans don't know how these things work, so they can easily leave money on the table. 

Where to Start

No matter what stage your personal injury claim is in, protect yourself now by meeting with a personal injury lawyer. They'll help you get what you need so you can start moving forward no matter what you've lost. 

For more info, consult a personal injury lawyer.