FAQ: What is Just Compensation?

Just Compensation is the Fair Market Value that the injured party receives in compensation of their injury.

The calculation of Just Compensation is specific to every case, but generally includes:

  1. Medical costs and property damage
  2. Future medical expenses and lost income
  3. Emotional distress from the injury
  4. Non-economic damages 

Naturally, insurance companies are not inclined to pay what a plaintiff considers to be just compensation. This results in the plaintiff’s attorneys working with the insurance company’s lawyers to reach a number upon which both sides can settle.

If and when such an agreement cannot be reached, the lawsuit will head to trial.