Personal Injury Calculator: How Much Compensation Could You Be Entitled To?

Personal Injury Calculator: How Much Compensation Could You Be Entitled To?

If you’ve been in an accident that wasn’t your fault and think you may be entitled to compensation, your first question might be, “How much compensation will I get?”.

The unfortunate answer is that, often, it depends.

Several factors will influence your personal injury settlement, and most insurance companies will use an independent formula to calculate how much your claim might be worth.

That said, if you know how much your injury has cost you so far and how much it could cost you in the future, you can use our personal injury calculator to get a rough idea of how much your claim might be worth.

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How to Use the Personal Injury Calculator

To use our personal injury calculator, you’ll need to gather some information to help us work out how much compensation you could be entitled to.

This includes:

  • Your medical bills: If your personal injury claim is successful, your settlement should cover any medical bills you’ve had to pay — or will have to pay — for treatment needed after your injury. Don’t forget to also include transportation expenses to and from the hospital.
  • Your loss of earnings: This can usually be calculated by multiplying your hourly rate by the total number of hours you’ve been unable to work as a result of your injury. If you are given a salary, divide your annual earnings by 365 to work out your daily rate.
  • Your future medical expenses and anticipated loss of earnings: This is getting into speculative territory, but you are entitled to compensation to cover your future expected medical expenses and time off work. If your doctor has told you that you will need additional treatment and recovery time, such as surgery or rehabilitation, you can recover the cost and future lost income as part of your claim.

Enter your medical expenses, lost earnings, and expected costs into the calculator to find out how much your claim could be worth.

This will feed back your total economic damages. These are the verifiable monetary losses you’ve experienced due to your injury.

But economic damages aren’t all you’re entitled to when you successfully file a personal injury claim.

You may also be entitled to non-economic damages, which is compensation for subjective, non-monetary losses such as pain and suffering, emotional turmoil, and loss of enjoyment.

These damages are calculated by applying a multiplier to your total economic damages. Insurance adjusters will determine this multiplier on a case-by-case basis, and it will depend on the severity of your injuries and their impact on your life.

In short, the more your injury has affected your quality of life, the more you could be entitled to in non-economic damages.

This multiplier typically ranges from one to five. If your injury has healed and left you with no long-term pain or any further complications, you can typically expect a multiplier of 1.5. However, several factors can increase this multiplier, such as:

  • Having a traumatic brain injury
  • Being left with a physical disfigurement or permanent scarring
  • Facing paralysis or a life-long disability as a result of your injury
  • Sustaining an injury that has made you dependent on others to perform daily tasks.

When you use our calculator, you’ll be asked whether these scenarios apply to you. If they do, your total settlement amount (your economic damages multiplied by any number between 1.5 and 5, based on your selection) will automatically update.

The Personal Injury Calculator: Find out How Much You Could Receive

Speak to a Personal Injury Lawyer about Your Claim

While our personal injury calculator can give you a ballpark estimate of how much your claim might be worth, only an experienced personal injury lawyer can advise you on exactly how much you could receive.

Personal injury laws are complex and no two injuries are alike, so you may be entitled to more or less than what any calculator tells you your claim could be worth.

For example, if you’re involved in a car accident in McAllen and incur a loss of earnings and medical expenses of $30,000, and your injuries have left you with a long recovery, a scar, and a permanent loss of sensation in your face, it may be appropriate to add a multiplier of four or five. This means that you could be entitled to anywhere between $120,000 to $150,000 — and there’s a significant difference between the two figures.

You might also receive more or less depending on whether you were at fault for your accident.

Texas is a modified comparative negligence state, which means that even if you were partly responsible for your injury, you might still be entitled to compensation. In this case, your settlement will be a percentage of the total based on how much you are at fault.

For example, if you are found to be 10% at fault for your car accident and the other party is 90% responsible, you would receive 90% of the total settlement. Taking the above example — a settlement of between $120,000 and $150,000 — you could receive between $108,000 and $135,000.

Contact Our Personal Injury Lawyers Today

When filing a personal injury claim, it’s vital to choose a law firm that you trust to fight for justice and get you the maximum possible payout. That’s why our personal injury lawyers in Texas offer a free, no-obligation case review so that you can see if we’re a good fit for you. After gathering some details on your accident and injuries and how they’ve affected you, we’ll be able to advise on how likely your claim is to succeed, how much you could expect to earn in a settlement, or by taking your case to trial and what happens next. If you choose not to work with us after your initial consultation, that’s fine too.

We work on a contingency fee basis, so you won’t pay a cent unless we win your case. This means you can focus on your recovery without worrying about facing a hefty legal bill before you even get started.

Our dedicated and experienced personal injury lawyers in McAllen and San Antonio are here to help you get the compensation you deserve. To schedule your free consultation, call Patino Law Firm at 855-LAW-NINJA or contact us online.

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