I was severely hurt when a speeding car hit me as I was walking across the intersection. My medical bills are piling up and I need to know as soon as possible how much I can receive in a settlement. Is there a quick way to calculate my settlement?
I was severely hurt when a speeding car hit me as I was walking across the intersection. My medical bills are piling up and I need to know as soon as possible how much I can receive in a settlement. Is there a quick way to calculate my settlement?
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Answer: (1)
You can determine your compensation for your injuries with a settlement calculator. Although no formula or calculator can determine exactly what you will receive in a settlement, a settlement calculator can give you an estimate of what you can expect. A variety of factors affect how much you will recover and your state's liability laws dictate which factors are calculated. You may need to consult an attorney to determine what numbers to enter.
Categories that are entered into a calculator include medical expenses, lost wages, inability to earn future income due to a disability and rehabilitation costs including any prosthetics required. Some states may allow categories such as pain and suffering or quality of life; again the calculable factors vary according to state laws.
Talk to a Car Accident Attorney regarding your state's liability laws to determine what you can factor into a car accident settlement calculation.
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Posted by Sharon Cullars on 07 May 2010