How are Jones Act settlements calculated?

When you are injured in a maritime accident, your employer’s insurance company might make you a settlement offer. It is important to understand the value of your case, so that you are not taken advantage of by the insurer.

When determining a Jones Act settlement, several factors are taken into account. As an injured seaman, you may already have a monetary figure that you feel would be fair. However, the amount you are willing to accept should have a legal basis so that you receive the full value of your claim.

Most insurance companies do not want to pay settlements and can make the settlement process difficult for you. Be careful when you are talking with an insurance adjuster, as they will use the information you provide against you when making a settlement. Do not give a recorded statement regarding a maritime accident without first talking with a maritime injury attorney. What you say or do can affect your claim.

A Jones Act settlement should be based on your damages and what the law allows. As an injured maritime worker, you are entitled to receive what your claim is worth. A fair Jones Act settlement should include compensation for applicable damages, such as past and future lost wages, past and future medical expenses, lost earning capacity, past and future pain and suffering, loss of quality of life, disfigurement, mental anguish, impairment and other costs associated with your maritime injury.

If you attempt a Jones Act settlement without the assistance of a maritime injury lawyer, you risk accepting an amount that is below what your case is worth. Contact our law firm today for assistance with your Jones Act claim. We are available 24 hours a day, 7 days a week. The consultation is free and confidential.