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In Minnesota, there are six elements of damage in a typical personal injury case, past medical expenses that weren’t paid for by no-fault, past wage loss that wasn’t paid for by no-fault, past pain and suffering up to the time of verdict or settlement, future medical expense, future wage loss, and future pain and suffering. Because so many of those things involve what happens in the future, it’s very hard to say at the beginning of the case what the value of the case will ultimately be. The important thing is that we get answers to all of those questions before we value the case and seek compensation from the insurance company. Trying to move too early is like trying to bet on your hand when you have two cards.
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Rochester, MN personal injury lawyer Paul Dahlberg talks how he determines the value of a personal injury case. He explains that in Minnesota, a typical personal injury case involves six elements of damage: past medical expenses not covered by no-fault insurance, past wage loss not covered by no-fault insurance, past pain and suffering up to the time of verdict or settlement, future medical expenses, future wage loss, and future pain and suffering. Because many of these elements pertain to future events, it is challenging to determine the exact value of a case at the outset. It is crucial to gather all the necessary information and answers to these questions before assessing the case’s worth and pursuing compensation from the insurance company. Attempting to make early determinations would be akin to placing a bet on your hand with only two cards.