The Per Diem method allocates an amount in dollars each day you sustain an injury due to an accident. Then multiply that daily dollar amount by the total. Our personal injury attorneys often receive questions about the average dollar value of pain and suffering expenses in personal injury cases. The truth is that the average value may vary depending on the different factors of the case. The purpose of awarding compensation for pain and suffering is to ensure that the person who was injured receives compensation for the physical and emotional pain they suffered.
Settlement money won't make their injuries go away, but it can help them pay for the care they need to get better. Settlements for pain and suffering for 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.
This is a common question for accident victims seeking fair compensation for their injuries and the impact on their lives. Compensation for pain and suffering can vary widely depending on the specific characteristics of your case. You should understand these factors to help you manage your expectations about the amount of compensation you could receive. Many people wonder how much they should ask for the pain and suffering caused by a car accident. The amount you should ask for for pain and suffering depends on the severity of your car accident and the injuries you sustained.
While there is no fixed amount to be paid for pain and suffering, since each case is unique, the insurance company will calculate the amount of your compensation by examining your physical, mental and financial distress. Depending on the insurance company and the circumstances surrounding the accident, some insurers multiply hospital bills by a number between one and five to arrive at the amount of compensation.