How do you estimate a personal injury settlement?
How do you estimate a personal injury settlement?
To estimate the value of a personal injury settlement, you must first establish the amount of damages that you suffered. This includes medical bills, lost wages, and time off work. You may also seek an increase in damages if your injuries are severe or your recovery is prolonged. There are a variety of methods to calculate these damages. The multiplier method is one of the most commonly used strategies. This method involves multiplying the total special damages by a number ranging from 1.5 to five.
The calculator will consider all types of injuries, adjusting for the severity of the injury. Serious injuries will be compensated higher than mild injuries. The damages multiplier factor will account for these differences. The damages multiplier should take into account both the seriousness and the permanency of the injury. You must also account for the cost of medical bills, including future expenses. Finally, you must consider the insurance coverage of the defendant.
In most cases, the settlement amount will vary depending on the facts of the case, the amount of the damages, and the realistic costs. It is important to consult a personal injury attorney before making demands for a settlement. Many free attorneys are available to help you with your case.
If you have any questions or need a Personal Injury Attorney, please call this law firm for a free consultation.
Ascent Law LLC
8833 S Redwood Road Suite C
West Jordan UT 84088
(801) 676-5506
