How is a Personal Injury Settlement Calculated?

If you have been involved in a car accident, truck accident, or suffered a slip and fall injury, understanding the value of your claim is crucial. Insurance companies use complex algorithms, but most top-rated personal injury lawyers use the “Multiplier Method” to estimate fair compensation.

Key Factors in Your Claim Value

• Economic Damages: These include tangible costs like medical bills, rehabilitation expenses, and lost income from missing work.
• Non-Economic Damages: This refers to “Pain and Suffering,” emotional distress, and loss of enjoyment of life. This is where a specialized accident attorney can help maximize your payout.

Why You Need a Personal Injury Attorney

Hiring a high-profile trial lawyer or a catastrophic injury specialist can significantly increase your settlement. Statistics show that victims represented by legal counsel receive up to 3x more in compensation than those who handle claims alone.

The Role of Insurance Adjusters

Insurance companies aim to minimize payouts. Whether you are dealing with a commercial vehicle accident or a medical malpractice claim, adjusters will look for reasons to lower your “Multiplier.” Our calculator uses industry-standard formulas to give you a realistic figure before you speak with an insurance adjuster.

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