Personal Injury Attorney

If you’re injured because of someone else’s negligence, then you may be entitled to compensation. This compensation may come from the insurance company of the at fault party. If you establish that the defendant is liable for your injuries then you need to present your evidence of loss. The insurance company then compensates you for medical expenses and any lost wages that you might have had to deal with. Likewise, the company may award you compensation for pain and suffering. Here is what you need to know about how insurance companies determine the personal injury settlements.

How Companies Calculate Pain and Suffering

Insurance companies do not have to abide by any specific rule when it comes to calculating pain and suffering. Most know that there are two methods for this type of calculation, however. The first method is that the company will multiply the plaintiff’s quantifiable damages and multiply them by a number between one and five. The number that they choose depends on the severity of the injury. This is also known as the multiplier method.

The next method is the per diem method. In this method, a certain amount gets applied to each day after the injury until the plaintiff reaches full recovery. While insurance companies do not have to use these methods, they are the most common. Some companies will use computer programs to determine the settlement offer when it comes to pain and suffering. The computer programs take into account the medical treatment and the types of injuries. If you’re curious about what the most reasonable offer is, then you should use these two methods to come up with an idea of what the insurance company might offer.

How to Prove Pain and Suffering

When it comes to damages for pain and suffering, they are recoverable. You simply have to prove them. The more evidence that you have in support of your claim, the more likely the insurance company is going to try to negotiate a fair deal. The more documentation you have, the more likely you are to receive compensation. You can use documentation from medical staff, family and friends and others that can speak to your condition.

When it comes to suffering injuries at someone else’s negligence, you deserve compensation. A personal injury claim allows you to recover the losses that you incur through medical bills, lost wages and much more. If you’re filing a personal injury suit, then consult with one of the Auto Accident Lawyers Indianapolis, IN residents trust as soon as you can.



Thanks to Ward & Ward Law Firm for their insight into personal injury claims and how insurance companies determine settlements.