This personal injury settlement value calculator is an illustrative tool to give you a general idea of how your settlement is broken. No two cases are the same and there are many other factors that influence your understanding of the value of your claim. The formula uses a multiplier and the medical expenses used during the treatment of the injury to add to the non-economic injuries. These non-economic injuries are pain and suffering, trauma, or mental health problems.
It is an additional compensation value to a claim for compensation for economic damages, such as property damage, medical bills, and loss of income. The most difficult component to know when calculating the total value of a case is the value of pain and suffering. And this is also what differentiates this car accident settlement calculator from others. It is an important element of your case and should be done as soon as possible, with the help of an experienced California personal injury lawyer for the best results.
Other personal injury calculators only use a multiple of medical bills to get a value for pain and suffering. In any insurance claim related to injury, or even a personal injury lawsuit filed in civil court, the losses suffered by the person who has been injured can fall into one of two categories. General damages, commonly called “pain and suffering,” are meant to compensate you for the non-monetary injuries you experience, such as pain, anxiety, and other suffering you have to endure because of your injury. For more information on how to find the right multiplier, see How to Determine a Multiplier to Assess Your Personal Injury Case.
Relatively minor injuries would be at the lower end of the multiplier range, while serious or long-lasting injuries would likely be at the higher end of the range. 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. They include a subcategory of damages known as pain and suffering, which means physical discomfort, mental anxiety, stress and similar negative effects of injuries, as well as the impact that injuries have on the claimant's daily life. If a person needs help with a claim, it's best to contact a professional lawyer who specializes in personal injury law.
Claiming any personal injury losses through injury-related insurance or a personal injury lawsuit filed in civil court always falls into two categories. In a personal injury case, the compensation awarded to the winning plaintiff after a trial is based on these types of damages. A personal injury claim is an authorized case that allows a person to seek compensation after an accident caused by the negligence of another person. I obtained these pain and suffering values by looking at the pain and suffering component of the previous personal injury jury verdicts.
Your experienced personal injury lawyer will have the knowledge and skill you need to successfully obtain compensation for your accident injuries. To gain a good understanding of how these types of formulas work during personal injury settlement negotiations, you need to learn the basics of damages and compensation.