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Ever wondered what makes a personal injury case worth a million dollars? In this video, Chicago injury lawyer Scott DeSalvo, also known as My Injury Guy, breaks down the realities behind million-dollar injury cases. Learn why these cases are rare, the key factors that determine their value, and what it takes to secure such a settlement. Subscribe Now 🙏 / @desalvolaw Most personal injury cases don’t reach the million-dollar mark. For a case to qualify, there are two primary requirements: the liable party must have insurance coverage or assets totaling at least a million dollars, and the injury itself must be severe and permanent. This makes million-dollar cases rare, as most accidents involve everyday people with limited insurance, not corporations with large policies. Moreover, large settlements typically require lawsuits, as insurance companies prefer to spend on legal defenses rather than pay high damages. In other words, even if the injury is severe, achieving a high settlement isn’t easy. For anyone seeking compensation, consulting an experienced injury attorney is crucial to navigate the complexities and potential roadblocks insurance companies may put up along the way. Million-Dollar Injury Cases Are Rare: Most personal injury cases do not result in million-dollar settlements because they require either the defendant to have substantial insurance or assets, or the injury to involve exceptional, permanent harm. Evaluating a Case's Value: A crucial factor in determining a case's value is whether a jury would reasonably award the plaintiff a million dollars based on the extent of the injuries, pain, and medical expenses. Settlements Before Lawsuits Are Uncommon for Large Cases: Insurance companies are less likely to settle high-value cases before litigation. They prefer to conduct thorough investigations and may attempt to avoid paying substantial amounts. Free Legal Tools Available: The lawyer offers free tools on their website, including a "Case Cash Calculator" to estimate case worth and a "Good Case Calculator" to assess case strength, both accessible in just 20 seconds. We hope you enjoyed this video. Make sure that you click the "Like" button and also share this video with your friends and others who might also be interested in knowing this video. Please click "Subscribe" and click the bell icon to keep up to date with new videos from this channel. And if you have any questions or feedback about this video topic, please comment below. Subscribe Now 🙏 / @desalvolaw Learn more at (website)👉 https://desalvolaw.com/ ✅FREE Settlement Value Calculator: 👉https://desalvolaw.com/settlement-cal... ✅Need help RIGHT NOW? Or do you need your questions answered? 👉Call - 312-500-4500 Follow us on👇 ✅ Facebook 👉 / desalvolawyer ✅ Twitter 👉 / scottdesalvo ✅ Instagram 👉 / desalvo_injury_law ✅ LinkedIn 👉 / scott-desalvo-injury-law ✅TikTok 👉 / bestinjurylawyer ✅P.S. - If you are a current or former client or enjoy my videos, please do me a favor? "Million-Dollar Injury Cases: What Most People Don’t Realize" [Call 312 500 4500] Legal Disclaimer: The information in my videos, posts, and comments is for general informational purposes only. It is not legal advice and does not create an attorney–client relationship. If you have a case or legal question, you should speak with a lawyer of your choice right away. I cannot be your lawyer unless we both agree and you sign a written contract with my office. Until then, I cannot give you legal advice or act as your attorney. There are deadlines to file a lawsuit or claim in injury cases. These deadlines are different depending on where you were injured and what kind of case or claim you might have. Consult with a lawyer right away to learn and protect your deadline(s). Every case is different, so do not rely solely on the information here. Instead, get legal advice from a lawyer. For questions, please call 312-500-4500 or email [email protected] #DeSalvoLaw #milliondollarcases #injury #cases #injurylawyer #workinjury #injury #legalsupport #personalinjuryclaim #accident #settlement #injurylawyer #freeconsultation #injurycasevalue #injurycases #injury #attorney #personalinjury #injurycases #injurylawyers #injurylaw #injurylawfirm #personalinjurylawyer #personalinjurylaw #lawfirm #chicagolawyer #chicagolawfirm #caraccidentlawyers #accidentclaims #accidentlawyer