The value of the settlement is essentially based on what a jury would award you for what happened because of your injury. That number is the sum of your pain, your suffering, your bills and your lost wages. The first step in negotiating a settlement for a car accident or personal injury claim is to calculate a reasonable amount of money that you would accept to waive your legal claim. Insurance adjusters use personal injury settlement calculators to determine how much you will be compensated for medical expenses, devastating pain and suffering, emotional distress such as mental distress and loss of income related to your car accident case or other accident claim.
I sometimes use my Florida car accident and injury settlement calculator as a starting point for determining the fair value of a case settlement. Non-economic settlements, unlike special damages or economic damages due to lost wages or income, seek to compensate the accident victim for the pain and suffering they have experienced from the accident. To receive the maximum amount of insurance agreement from car accident insurance or other insurance companies, it is beneficial to seek the guidance of a reliable personal injury lawyer.