The best way to calculate potential settlement amounts is by consulting with an experienced personal injury lawyer. They can use their knowledge and expertise of the law, court awards in similar cases, applicable insurance policies, and other factors to help determine a fair settlement amount.
For example, to calculate the amount of your whiplash settlement, we begin by totaling your financial losses from the car accident. Next, we add up all of your medical bills, lost income from the time that you’re recuperating, and property damages. Then, we add an additional amount to compensate you for pain and suffering. In a whiplash settlement case, 1.5 is a typical multiplier to use for your case. The resulting amount is a rough guide as to the value of your settlement amount.