Personal injury claims are impossible to win without some form of injury inflicted upon an innocent party. Depending on what injuries your claimant has, your firm could receive a huge settlement. Here are some average costs of common auto accident injuries, and how much your firm could earn, assuming your firm’s contingency fee is 33%.
Broken arm--$2,500, but potentially up to $15,000.
According to CostHelper (www.costhelper.com) Health, X-rays, diagnosis, and a cast for a broken arm costs around $2,500 in total. But this could be significantly higher—If your claimant needs surgery to repair the arm, he or she is looking at a bill creeping upwards of $15,000.
In medical bills alone, a broken arm could earn your firm $750 - $5,000.
Broken leg--$2,500, but potentially as expensive as $35,000.
A cast for a minor break (such as a hairline fracture) should cost around $2,500 again, but a broken leg can be a significant expense if the break is serious. A femur break requires the use of a wheelchair, and could cost an entire year’s salary. At Hawaii’s Kapiolani Medical Center, patients with a severe leg fracture can expect to pay $33,565.
A broken leg could earn your firm anywhere from $750 - $11,500.
Spinal cord injuries--$80,000 to $150,000 or more.
Many personal injury claimants experience whiplash or some other form of back injury, especially if they’re rear-ended by another vehicle. The most expensive surgeries will involve attaching titanium implants to your client’s spine.
If your client requires back surgery, you could receive between $26,000 - $50,000
Chiropractor--$65+ per session.
While whiplash does not usually lead to surgery, many claimants will need to see a chiropractor after an auto accident, or even after slipping and falling in a store. The number of sessions needed will depend on the severity of your client’s back injury, but according to Family Chiropractic Care, many chiropractors recommend a minimum of 21 treatments for whiplash, while some severe injuries may require 75 treatments, taking a year or more to correct.
Minor whiplash could earn your firm $400 from a chiropractor’s office, while severe back injuries could total $1,650 or more in attorney’s fees from future medical bills.
Emergency room visit--$1,200 or more, depending on stay.
A trip to the emergency room is one of the most common needs for anyone in a car crash. While the cost of this visit will vary depending on the state in which you practice, an emergency room visit averages around $1,265 according to the U.S. Agency for Healthcare Research and Quality. This is just for one evening or afternoon, and extended stays will cost significantly more. If your client is transported to the hospital via ambulance, the ride will cost at least $400, but sometimes another $1,200 or more.
If your personal injury claimant went to the ER, it’s likely you’ll have another $600+ in damages.
Medical bills add up quickly, and your firm can receive a hefty fee even before factoring in lost wages or pain and suffering. If you’d like to increase your firm’s profitability by signing more personal injury claimants, consider supplementing your current marketing effort with personal injury leads. eGen offers PI leads nationwide, so give us a call today at 617.800.0089 to discuss our pricing and personal injury lead availability.