Car Accident Calculator — How Much Is Your Case Worth? - Porcaro Law Group (2024)

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Were you injured in a crash? Use our free personal injury and car accident calculator to see how much compensation you qualify for.

If you were injured in a crash and looking to seek compensation for related injuries, a car accident calculator is an excellent place to start your legal journey. By utilizing this tool, you’ll automatically obtain a better understanding of the total damages sustained and its direct impact on your financial wellbeing. Because there are several factors involved in computing a settlement amount, this calculation will serve as a foundation. It’s important to mention that insurance companies,personal injury lawyers, and judiciary counsel can use their own formulas to establish the precedent for yourpersonal injury lawsuit. That means, adding up the estimated losses doesn’t always equate to the compensation you’ll receive.

In addition, you might not be able to initially calculate allthe expenses related to your personal injury claim. This is especially the case if your accident injuries require ongoing medical attention and further treatment in the future. With that said, the car accident calculator remains a vital tool for providing the basis of the costs you have incurred, future losses down the road, and any physical discomfort or emotional distress that are compensable as a result of your accident.

How do you calculate the cost of pain and suffering?

There’s no exact formula on how to approximate a person’s physical or emotional distress. Each case is highly personal. Therefore, insurers and personal injury lawyers often use the multiplier method, using a scale between 1.5 and 5, to determine an individual’s non-economic damages. Higher multipliers of 4 or 5 are most typically designated for severe injuries, such asbrain injuriesor wrongful death of a loved one.

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To estimate the appropriate compensation for your damages, you must weigh each and every category of a personal injury claim which fall under two types of damages:

Economic damages account for medical costs, future medical expenses, loss of income due to missed work, and property damage of the vehicle. These damages are easier to compute because they are directly related to substantive financial losses of the injured party.

Non-economic damages, in comparison to economic losses, are much more difficult to estimate. They involve any “pain and suffering”, including the psychological, mental or emotional cost of your accident. Examples include anxiety, stress, reduced quality of life and other adverse effects stemming from your car accident.

Calculating your settlement

After you sum up the total economic and non-economic damages using the calculator tool above, you should have a reasonable amount that will justify giving up your legal claim. In general, it’s critical to remember that the type and severity of your injuries will have the greatest impact on your claim’s value. Insurers will take this information into account when determining a fair payout for the inflicted party, regardless of who is at fault for the accident.

Every car accident case is different

Although the car accident calculator is a valuable asset to have, it’s important to note that every case is unique. Some fly-by-night insurance companies will not use the same formula, meaning your payout could be less than expected. In some scenarios, they will fail to divulge whether or not they used a formula at all to calculate your damages. Due to this uncertainty, it’s crucial to have an experienced personal injury attorney handling your case.

Contact Porcaro Law Group for help

Because Florida is a no-fault state, drivers can typically have their claims paid quickly after an accident takes place. Any expenses related to medical bills, loss of income, and pain and suffering are eligible for compensation. To make certain you receive the highest payout for your case, hire a reputable car accident lawyer to help you reach a fair settlement. Our team at Porcaro Law specializes in personal injury claims, winning over 15 million in recovered damages for our clients in Boca Raton, Boynton Beach, Delray Beach, Fort Lauderdale, Miami, Pompano Beach, and West Palm Beach, Florida.

Need some assistance with your case? Request a free case review online or contact our office at (561) 450-9355 to discuss your legal options. We work on a contingency fee basis, thus you don’t pay unless we win!

Learn more about personal injury cases here

How to Maximize Your Personal Injury Settlement

Understanding the Different Types of Damages in Personal Injury Cases

What to Expect Throughout the Entire Personal Injury Lawsuit Process

8 Mistakes to Avoid in a Personal Injury Claim Lawsuit

How Much Do I Pay My Attorney if I Lose A Personal Injury Case?

Frequently Asked Questions

Questions? Read Our FAQ or Call Our Office at (561) 450-9355

In order to recover compensation in a personal injury claim, you must prove the following three things: 1) liability of the responsible party, 2) damages or personal injury caused as a result, and 3) collectibility or someone to recover compensation from.

There are many different factors involved in a personal injury case, and each case can be different from the next. Contact the dedicated personal injury attorneys at Porcaro Law todiscuss your case for free.

The cost of a personal injury attorney in Delray Beach is usually based on a contingency fee. This means that the lawyer is only paid if the case is won. Most personal injury lawyers charge a 33% to 40% contingency fee depending on how complicated the case is.

This is why Porcaro Law Group offers a completelyfree initial consultation. We offer this free evaluation so you can get a better understanding of what your case is worth and how our personal injury attorneys in Delray Beach can help you.

In Florida, most personal injury cases need to be filed within 4 years of the incident, with exceptions. It is recommended tocontacta personal injury lawyer immediately after the accident, as they will direct you on exact steps to take next to ensure you receive the compensation you’re entitled to.

Compensation in personal injury cases can typically range anywhere from $3,000 to $75,000 in Florida depending on the case and the injuries sustained. It’s important to remember that eachpersonal injury caseis unique. Typically, the amount of compensation you are entitled to will be based on how the incident happened, who is responsible, how serious your injuries are, medical treatment received, whether you lost income, etc.

If you have a viable personal injury case, your chances of making a financial recovery are very good. According to U.S. Government statistics, only about 5% of personal injury cases go to trial. The other 95% are settled pretrial.

When you speak with our Delray Beach personal injury attorneys, we will thoroughly review your case and determine your chances of a successful claim.

An initial consultation with the Delray Beach personal injury lawyer involves a free case evaluation to find out if you have a claim. You will provide a detailed account of the events that happened and the damages you’ve sustained. Once our personal injury attorney understands the details of your case, they will be able to offer insight on how to proceed. They will take the time to walk you through the legal process, discuss your options, and answer anyadditional questions you may have.

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Car Accident Calculator — How Much Is Your Case Worth? - Porcaro Law Group (2024)
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