What tips should I keep in mind?

Document every medical visit, prescription, and therapy session. Keep a pain journal recording daily symptoms and limitations. Do not accept the first settlement offer from an insurance company.

Personal Injury Settlement Estimator

Estimate the potential value of a personal injury claim based on medical expenses, lost wages, and pain and suffering multipliers.

Total Medical Bills ($)(All medical expenses related to your injury)

Estimated Future Medical Costs ($)(Projected ongoing treatment costs)

Lost Wages ($)(Income lost due to injury)

Future Lost Earning Capacity ($)(Projected future income loss)

Property Damage ($)(Damaged vehicle or personal property)

Injury Severity(Affects pain & suffering multiplier)

Results

Visualization

How It Works

Personal injury settlements are typically calculated using the multiplier method, where total medical expenses are multiplied by a factor (1.5 to 5+) based on injury severity to estimate pain and suffering. This is added to economic damages like lost wages and property damage.

The Formula

Settlement = Economic Damages + (Medical Costs x Severity Multiplier)

Variables

Economic Damages — Sum of medical bills, lost wages, and property damage
Multiplier — Pain & suffering factor based on injury severity (1.5-5x)
Medical Costs — Current and future medical expenses

Example

With $15,000 in medical bills, $5,000 future medical, $8,000 lost wages, and $3,000 property damage with moderate severity (3x multiplier): Economic damages = $31,000, Pain & suffering = $60,000, Total estimate = $91,000.

Tips

Document every medical visit, prescription, and therapy session.
Keep a pain journal recording daily symptoms and limitations.
Do not accept the first settlement offer from an insurance company.
Consult a personal injury attorney for cases over $10,000.
This calculator provides estimates only -- actual settlements depend on many factors including liability, jurisdiction, and insurance limits.