Then you multiply that figure by. It's not easy to attribute a dollar amount to general damages. However, there are several approaches that insurance adjusters take when calculating pain and suffering as part of an injury settlement. The two most common are the multiplier method and the diet method (daily rate).
Try the calculator below to compare the two methods. The two most popular methods for calculating damages from pain and suffering are the diet method and the multiplier method. The most common way insurance adjusters measure pain and suffering damages is to use the multiplier method. They take the total economic damages (usually medical expenses and lost income) and multiply it by a number that is usually between one and five.
The number used depends on the severity of your injuries. Unfortunately, the law does not provide a specific method or formula for determining the amount you are owed. Instead, personal injury damages are based on a combination of actual expenses and compensation for pain and suffering. There are many factors that need to be considered when determining how much you are owed. When estimating the value of an injury claim, many attorneys and insurance companies use a mathematical formula to estimate the value of an injury and determine a starting point for their negotiations.
To calculate damages for pain and suffering, multiply the number by the dollar amount of your economic damages. The result is the value of your non-economic damages. Therefore, the amount of your financial losses directly affects the value of pain and suffering. Damages for pain and suffering are generally not available in Florida for workplace accident or car accident claims.