The 5 Basic Questions Concerning a Personal Injury Calculator

Using a personal injury calculator will allow you to see how much your car accident claims are truly worth. The following are the top 5 questions people ask about figuring out the exact value of their car insurance settlement.

1. How Does the Personal Injury Calculator Determine my Car Accident Claim?

The most standard approach that is established to be tried for vehicle accident injury claims is:

Pain Multiplier X Medical Charges + Loss of Income

The "pain multiplier" is a number generally between 1.5 and 5. This multiplier number is chosen based on the severity of your auto accident injuries; the more major your injuries, the greater the multiplier.

For instance, a small injury perhaps a sprained neck is very likely to have a very low multiplier (1.5-3). While a more major and very painful injury, such as a broken leg, would get a greater multiplier (3-5). The multiplier range can even go to bigger numbers (10) for more life-threatening and long-term injuries.

The very next part that is included in the claims formula is your medical bills, also known as "special damages." These bills include the cost of your medical treatments, visits to the emergency room, ambulance ride, X-Rays, pain medications etc.

The final thing that is added in your insurance settlement is your loss of earnings. This refers to the amount of income you missed on account of your personal injuries. For instance, in the event your injuries caused you to stay home from work, in that case your lost earnings would equal your daily pay rate times how many work days you missed.

2. When Should You Use a Personal Injury Calculator?

The most important time to apply the personal injury calculator is at the end of your medical treatment. It is best to have your personal injuries thoroughly diagnosed and reviewed before processing an injury claim. This provides you a more reliable estimate of your entire medical bills that ought to be covered in your closing settlement.

3. Who Should Not Use the Personal Injury Calculator?

A large number of personal injury claims involve mild injuries that don't require you to instantly hire an expensive lawyer. For these particular claims, you should use the injury calculator to get a basic estimate of what your auto accident settlement may be worth.

Nevertheless, there are insurance claims which should not be handled without the help of a experienced injury lawyer. These kind of auto accident claims involve more serious and long lasting injuries like irreversible disabilities, lost or severed hands or legs, traumatic head injuries etc. If you were badly wounded, your best option is to talk to a lawyer who is familiar with claims very similar to your specific injuries.

4. How Precise is the Personal Injury Calculator?

The injury calculator will not give you the actual final settlement, but an initial estimate of what amount of money your injuries are actually worth to the insurance companies.

Many people would argue that the injury calculator is too basic. That it does not talk about the intricacies and subtleties of someone's personal injury claim. Many others are fast to mention Colossus, an advanced software program used by the insurance companies to assess insurance claims.

Having said that, the main benefit of using the personal injury calculator is not to tell you what will be your precise settlement amount. The biggest benefit is to help you have an understanding of how your specific settlement amount will be determined. The settlement calculator stresses that the range of your final settlement amount will be primarily based on:

The seriousness of your personal injuries.
Your total medical fees.
Your lost wages.

These are going to be the primary elements in your injury settlement no matter which specific software system you use.

5. Should I Use the Personal Injury Calculator?

You will always have the choice of hiring a lawyer further down in the claims process. The safest advice is to use the settlement calculator to get a fast overview of what your auto accident claims can be worth.

These are a few ways to calculate your car accident injury claims. To see samples of using the settlement calculator to increase claims, please go to www.after-car-accidents.com