Personal Injury Claim Calculator
|Use This Calculator To Decide for a Personal Injury Claim|
This section explains the Personal Injury Claim Calculator.
This Calculator is helpful for a person who is a victim of an injury physically or psychologically. This injury can be the result of a fault from another person. You can use this calculator to calculate an amount you can claim based on the information you provide on the injury case.
It is generally understood that in case of an individual gets hurt by some body else, he/she can claim personal injury compensation. Obviously, several factors have been considered to develop this formula.
It should be noted that the circumstances and events are the main factors involving the claim amount. It is better to get an idea of the claim amount. There are some factors which should be considered when calculating an expected claim amount.
The person at fault must pay for the following:
The amount of income used in the treatment and after care
Compensation due to stress, missed special events etc.
Insurance companies usually start off with the medical special damages. In case of personal injury, the medical damages are the total medical expenses. Other general damages as described above are added to this basic amount.
There is a difference between small injury claims and other claims. Small Injury claims are handled by using the following formula in general:
Compensation = (special damage * 5) + lost income
The formula used for a large injury claim is given below:
Compensation = (special damage * 10 ) + lost income
The above formula is used for excessive loss such as stress, depression and lost experiences.
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