Personal Injury Lawyer Toronto

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How Much Can I Expect from My Personal Injury Case?

Your financial settlement is one of the most important parts of a personal injury case. This is money that may be awarded to you in compensation for pain and suffering, lost wages, and any expenses you may have incurred due to your injury.

It is important to have realistic expectations about any financial settlement in your case. There are limits in Canada as to how much money you can receive for your pain and suffering. According to the Supreme Court of Canada, the cap for 2012 stands at approximately $340,000.00, depending on the rate of inflation.

In order to receive larger financial settlements, there are additional steps that you need to take. Larger financial settlements are awarded when the injured party must be compensated for future care costs, as well as the inability to continue working. Depending on the severity of your injury, your life and well-being can be dramatically impacted for many years. This will have an effect on how much you will receive in a settlement and how the settlement is structured.

In order to establish how much income you may lose because of the injury, you have to provide evidence of how much income you were receiving prior to the incident. This is typically done through a copy of your tax return or a comprehensive history of your paycheque stubs provided by yourself or your employer. If you were unemployed prior to your accident, there is a chance that you will not be able to request compensation.

In the event that you are permanently unable to work, actuaries will work to evaluate how much money you should be compensated for your future loss of income. The actuaries are experts in the field and they are able to analyze all of the data in the situation to provide a financial settlement that attempts to be agreeable for all parties.

Contracting the services of a personal injury lawyer during a settlement can be invaluable to your future financial security. The knowledge and expertise of the lawyers at Himelfarb Proszanski includes years of experience reaching sizable settlement agreements for their clients. They understand how much of an impact your injury can have on your life. They will work with you, helping to ensure that you get the best financial settlement possible. They can offer excellent support and advice to help you effectively navigate the legal waters of your personal injury case.

For assistance with a personal injury or insurance claim, please email David at dhimelfarb@himprolaw.com. To be contacted immediately call 1-855-446-7765 for a free case evaluation.

What Our Clients Say

I’d like to express my gratitude for you taking care of my car accident injury case. Your strong knowledge and experience solved this case smoothly. I don’t know what I would have done without your effort. Thank You, Best Wishes.

Lian Liu, Toronto, ON.