What is my Personal Injury Case Worth?
Estimate a Personal Injury Settlement or Claim.
While the circumstances and details of accidents and the negligence of others vary from case to case, one concern is consistent in every case. Every victim needs to know if they will recover enough money to properly compensate them for all of the property damages, lost wages, pain and suffering, or any long term disability they may be faced with.
While there is NO WAY TO KNOW FOR SURE HOW MUCH MAY BE AWARDED BY A COURT OR HOW MUCH A CASE MIGHT BE SETTLED FOR, it is possible to “estimate” a target claim or settlement amount based on the details of your particular claim. In cases of personal injury, there are some standards that are often used to estimate claims and settlement amounts for personal injury cases.
We created the form below to help victims of personal injury “ESTIMATE” a target claim or settlement amount based on the details of their respective case. THIS FORM DOES NOT PRODUCE LEGAL ADVICE! IT IS ONLY AN “ESTIMATION TOOL” AND SHOULD NOT BE CONSIDERED LEGAL ADVICE IN ANY WAY. Victims of personal injury should consult with an attorney as soon as possible after an accident. Only your attorney can provide you with legal advice after reviewing the details of your accident.
Car Accident and Personal Injury Claim / Settlement Estimation:
How to calculate damages for Pain and Suffering:
Insurance companies use a variety of approaches to calculating or justifying damages for pain and suffering from a personal injury. However, the two most common are the “Multiplier Method” and the “Per Diem Method”.
The Multiplier Method:
The Multiplier method takes into account two factors. First you identify your medical expenses. All of the costs associated to your initial treatment, medications, and any ongoing treatment. This is a dollar figure. Then you identify a multiplier between 1.5 and 4 or even 5. This figure represents the seriousness of your injuries, how long you might be unable to work, how your life has been affected, and the level of negligence by those who caused the accident. Each has varying levels of severity. An attorney will help you identify an appropriate multiplier for your claim. But feel free to estimate your multiplier for now using the form above.
The Per Diem Method:
The Per Diem or Per Day method of calculating pain and suffering is a method of calculating a dollar amount for every day you experienced pain and suffering as a result of your accident.
Similar to the Multiplier Method, “Multiplier” a “Daily Rate” must be established and justified. One very reasonable method of establishing a daily rate is to use your earnings capabilities or hourly rate you are or were paid by your employer prior to your accident. Using this figure to compute your daily rate, and then multiplying it by the number of days you experienced pain and suffering can be used to help you calculate a figure to use for pain and suffering damages.
Jacksonville Florida Personal Injury Lawyer and Jacksonville Family Law Attorney Disclaimer:
The lawyers of McGRATH GIBSON are licensed to practice in the states of Florida, Georgia, and North Carolina. Additionally, we represent the injured throughout the United States pro hoc vice, and with the help of local counsel. While we strive to personally handle all types of personal injury and wrongful death claims there are occasions where cases may be referred to another lawyer. We proudly offer representation to Military Veterans and the Men and Women who currently served our armed forces at the Mayport Naval Station, Naval Air Station of Jacksonville, Camp Blanding, United States Army, Army Reserve, United States Marines, Florida National Guard, Air National Guard, United States Coast Guard, Air Force, and Air Force Reserve. McGRATH GIBSON family law attorneys offer representation in the areas of Family Law, Divorce, Alimony, Child Custody and Child Support throughout Florida. Representation for Military Divorce handled throughout the United States and U.S. Territories independently or with local counsel where required.
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