Personal Injury Calculator

May 5, 2011 | Author: | Posted in Finance

A personal injury calculator is going to give you an estimate on how much money you could receive from your injury. It is very important to note that this calculation is just a guest and doesn’t officially mean you could receive that much money. It is however about the closest estimate you can get without actually going to court.

There are two different types of cases. You have a minor case that is called soft tissue injury. Then you have a major case that is called significant injury. These are the two main factors that will be considered when you are going for compensation.

For a soft tissue case you would use a personal injury calculator like listed below.

The soft tissue case will be a minor injury claim. Most personal injury solicitors will multiply the medical bills by 1.5 to 3 times. On top of this they will add the amount of lost wages.

Lets do an example: If you have a medical bill that is $1000 and you have lost $600 in work wages, the estimated value of the claim will be between $2100 and $3600. We get this by doing the math as follows 1000 x 1.5 = 1500 + 600 = 2100. Then the high end amount we get by doing the math like this 1000 x 3 = 3000 + 600 = 3600. Most companies will settle for an amount in this range as long as their are not any unusual facts, and there is clear liability on the part of the negligent.

Using a personal injury calculator for a significant injury is almost out of the question.

If you have serious injuries such as broken bones, spinal injuries, or if you have to spend time in the hospital, this can effect your claim because you will be entitled to mental compensation. You can still add up your injuries like we did for the soft tissue case, but you will receive more compensation for more severe injuries. This is why a personal injury calculator does not really apply to these kinds of injuries. You can get a base idea but the overall compensation will need to be left up to a personal injury solicitor.

There are also a few other things that can affect the value of your injury claim. How clear is it that the negligent person was at fault. How much is insurance going to cover. How reliable are the witnesses, and what are the states laws where the injury happened. These are all important factors when trying to use a personal injury calculator.

The best advise is to find a personal injury solicitor. Make sure you chose one that specializes in your type of accident. They will be able to tell you what you can expect and also how long it might take. Most of the time you can find one that will not get paid until you do. These are typically the best because they will work harder knowing their paycheck is on the line. They will normally go for higher amounts when they can prove that the negligent party was clearly at fault. This will be a great advantage to you.

This original article was published at Personal Injury Calculator. You can find a lawyer to handle your claim for free at No Win No Fee Personal Injury


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