It involves adding up your economic damages and multiplying them by a variable. They usually range from 1.5 to 5, and the highest variables are assigned to the most severe cases. Compensation for pain and suffering from car accidents can range from a couple of thousand to hundreds of thousands of dollars. The amount you could receive for a personal injury claim depends on several factors. These include the severity of the injuries, the time it takes to heal and return to normal activities, the victim's age and health, the amount of economic damages, the liability of the at-fault party, and the location where the accident occurred.
There are several ways to calculate pain and suffering. The law does not provide guidelines on how to calculate those quantities. However, several elements often come into play when determining the amount awarded for pain and suffering. The amount you should ask for for pain and suffering depends on the severity of your car accident and the injuries you sustained. In general, you should always talk to a car accident lawyer to get a professional opinion about the damages you should request.
The daily rate method is based on allocating an amount of money per day and then multiplying that amount by the number of days the injured person experiences pain and suffering. There is no fixed amount of money to cover pain and suffering in car accident settlements, but your personal injury attorney can analyze previous cases similar to yours to give you a general idea of what that can wait. Because pain and suffering are not economic in nature, it can be difficult for a court (or parties negotiating a settlement) to evaluate them. More serious injuries generally lead to increased pain and suffering and to higher judgments or settlements.
At this point, the defendants could try to avoid a trial by offering you a settlement for an amount they consider to be fair compensation for the pain and suffering you have suffered. The most common type of non-economic damages that plaintiffs seek in a civil personal injury lawsuit is pain and suffering. If you or a family member were injured due to the carelessness of another person, company, or agency, you may be able to seek an agreement to cover the expenses of pain and suffering. For example, if you were severely burned in a car accident, you may be in considerably greater physical pain than if you fractured your wrist.
Personal injury attorneys tend to use the multiplier method for pain and suffering more often than the daily method. However, an attorney will be able to estimate and fight for maximum compensation for their client based on previous experience in pain and suffering cases. A solution is often sought for pain and suffering in cases where a person has experienced significant distress as a result of an accident.
