Personal injury claim calculator-how to file step Two

.


Step Two in filing a claim is calculating out how much to ask for in the claim.Once again this is all done for you if are using a personal injury attorney or personal injury lawyer, but if you have decided to go it on your own or would just like to add up the figures for yourself then this is how you would go about adding everything up.

Your Personal Injury Claim Calculator

Each personal injury claim is different and is based on unique circumstances. It is  important to get a basic idea of the expected claim amount. Here are some of the important factors that determine the personal injury claim value:

the party at fault must pay for the following:

“Medical costs
Income lost during treatment and aftercare
Income lost due to the injury when the individual goes back to work (if at all).
Compensation due to stress, loss of experiences, missed special events, depression and anxiety.

The formula that most insurance companies use for calculating the damages starts with computing the medical special damages, which are the total medical expenses incurred as a result of the personal injury. This is used a base figure, to which are added the general damages, which relate to suffering, depression and other non monetary claims.

In the case of personal injury claim in which the injuries are not too severe, the formula used by insurance companies is:

personal injury compensation = (special damages x 1 or 1.5 or 2) + income lost as a result of the injury)

In the case of a personal injury claim in which the injuries are severe and lead to a lot of non monetary loss (such as stress, depression, anxiety, lost experiences etc.), the formula used by insurance companies is:

personal injury compensation = (special damages x 4 or 4.5 or 5) + income lost as a result of the injury

In the case of a personal injury claim in which the injuries are extremely severe and lead to excessive non monetary loss (such as stress, depression, anxiety, lost experiences etc.), the formula used by insurance companies could even be:

personal injury compensation = (special damages x 9 or 9.5 or 10) + income lost as a result of the injury”

These are just examples of the  many calculations that have to be made to to figure the total for your personal injury claim.