How much money will I receive?
Your settlement amount depends on many factors, including the severity of your injuries, cost of medical care, lost wages, and other expenses resulting from the accident – as well as the physical, emotional, and financial impact your injuries will have on your life long-term. In Alberta, there is a limit set on amounts payable for certain very minor soft tissue injuries
. The Supreme Court of Canada set an upper limit for compensation for pain and suffering, and adjusted for inflation it is currently around $330,000. But there are many other factors that can push injury claims into thousands, hundreds or thousands, or rarely even millions of dollars. It is a common misconception in Alberta that all or most injuries are capped at $5,202 when, in reality, the cap only applies to certain minor injuries and does not include serious injuries or special damages
. Furthermore, the cap applies to individual compensation for specific minor injuries, meaning that if you have three different injuries that each require treatment, and not all are minor you may have a right to compensation beyond the cap amount. To learn more about the claims cap in Alberta, we've written about it in more detail here
. This area of law is complex, and personalized legal advice from an Accident lawyer is the best way to determine what your claim and eventual settlement might look like. In other words, if anyone tells you your claim is capped, or you're just not sure, there's no need for guesswork; call us anytime and we'll help you figure it out.