The multiplier method is an equation frequently used by insurance companies and is a common way of calculating damages for pain and suffering. You add up all actual damages (also called special damages) and multiply that number by a number between 1, 5 and 5.The theory behind estimating general damages based on special damages is that more serious injuries will result in higher special medical damages and will likely cause the plaintiff more pain and suffering. The multiplier is used to make adjustments based on the severity of the injury suffered by the plaintiff. However, this is only a starting point; you should consider other facts about your accident and your injuries, including how painful your type of injury is, how invasive or long-lasting your treatment will be, or how severe or visible the permanent effects of your injury will be.
Once you have calculated your general damages, you will add your special, medical, special and general damages to arrive at a good starting point for your negotiations. The multiplier method for calculating pain and suffering is the most common approach. This method involves adding up all the “special damages” and then multiplying that figure by a certain number (usually between 1.5 and 5, with 3 being the most used). Special damages are any economic loss that can be easily calculated.
May include expenses such as medical bills, lost wages and property damage. A general rule for pain and suffering multiplier calculations relates to the severity of injuries sustained. The more serious the injuries, the greater the multiplier of pain and suffering. If a person will suffer the long-term repercussions of their accident, the damages and settlement will be greater.
For example, a person suffering from paralysis will have a higher multiplier than someone with a broken wrist. Instead, personal injury damages are based on a combination of actual expenses and compensation for pain and suffering. Because there is no bright line test to determine your non-economic damages, much of the success in your case comes down to the art of negotiation. While it is common to use the multiplier or per diem method to calculate the monetary value of pain and suffering, you should talk to a qualified personal injury lawyer regarding the specifics of your case.
However, it is not uncommon for insurers to resist and refuse to settle if they think they can win in court or if they believe that their assessment of contested damages (such as pain and suffering) is accurate. Depending on the specific details of the case, your attorney will help you determine the best course of action to recover the pain and damages suffered. Insurance companies are looking for ways to minimize your pain and suffering, damage, and the overall value of your claim. For more than 20 years, we have been helping injured victims in the greater Los Angeles area and across California recover the damages they deserve after countless types of accidents.
Although insurance companies can use the above formulas to calculate damages for pain and suffering in a personal injury claim, this is far from guaranteed. To understand how the multiplier method works, you first need to understand what types of damages (monetary compensation for damages) are usually available after a car accident. Although economic damages are the most recognizable result of an injury, non-economic damages can also be extremely devastating to the victim. When determining the amount of special damages for reimbursement in a lawsuit, you'll need to be more accurate; a recent case in California (Howell vs.
While there are no strictly defined rules for establishing a multiplier of pain and suffering, the following factors influence the amount that is decided. Calculating damages for pain and suffering is one of the most important roles an attorney can perform in your personal injury case. In general, the person responsible for the injury (or that person's insurance company) is responsible for reimbursing the injured party for all expenses related to their injury, as well as compensating the injured party for any pain, suffering, or emotional harm they have experienced as a result of the injury. .