It is best to use personal injury calculator to evaluate the worth of your car accident claim. Here listing some questions that you have to ask in order to calculate the value of your auto insurance settlement.
How could a personal injury calculator conclude car accident claim?
One of the main and basic formulae to find out the value is medical expenses x pain multiplier + loss of income. The value of pain multiplier will usually remain from 1.5 to 5. It will be decided according to the severity of the car accident injuries. If the injury is serious, then you have to use a large number as value.
For instance, if the person is resulted with a sprained neck kind of minor injuries, then there are chances to use a low multiplier. It could be between 1.5 and 3. If the injury is painful and serious, then a higher multiplier will be taken. Example: Broken leg. It will be between 3.5 and 5. The range will increase if the person is suffering from long term and serious injuries. It will remain between 3 and 5.
The medical expense is the most important thing that you have to add in the claims procedure. It includes the cost of the treatment, hospital visits, pain medication, ambulance ride, etc.
Loss of income is the next thing you need to include in the insurance settlement. It will indicate the amount you lost because of your injuries. In some cases, the injuries will make you stay at home without going to work. The salary will be cut off because of the non-working situation. You have to include the number of days you have missed and day rates in the sheet.
When to use the personal injury calculator?
It is best to use after your medical treatment. When you file the claim, you have to diagnose and examine your injuries thoroughly. This way, you can give an accurate estimate and claim the right amount as medical expenses from the party. You should know what you have to include and what you should not include in the final settlement. Though the personal injury calculator does not give accurate value, it will help in getting a rough estimate.