Using a Car Accident Settlement Calculator

Car accidents are undoubtedly a messy business. Even after the trauma of personal injury, and the inconvenience and expense of car repair, you may have to deal with tricky insurance companies and complicated legal matters. If you were involved in accident in which you were not at fault, the light at the end of the tunnel may be a big settlement offer that will cover the remaining costs of medical bills and car repair, as well as things insurance doesn’t cover – like lost wages and more nebulous concepts like quality of life.

Why Use a Car Accident Settlement Calculator?

How can you know how much to expect in a settlement? Try a car accident settlement calculator. A car accident settlement calculator is a tool that helps you calculate how much money you should be receiving from a car accident related personal injury settlement. There are a number of factors that can affect the total amount of the settlement you should be getting… and if you don’t know how much of a settlement you should be getting, how will you avoid getting ripped off?

A car accident settlement calculator works pretty intuitively. For each category, enter an amount that can be claimed according to the liability laws of your state. If you don’t know how much money can be claimed for each category, you should discuss it with your lawyer, or simply do your own research to find the numbers.

Categories in a Car Accident Settlement Calculator

There are many categories that will contribute to your final settlement value in the car accident settlement calculator. Medical expenses, and medical expenses you expect to incur in the future, as well as associated costs for rehabilitation, and any prosthetics needed to restore function to your body.

Next, you can claim money for wages lost due to being unable to work because of an injury, as well as any lost wages yet to come as your disability continues. If a disability caused by accident-related injuries will continue to factor into your work in the future, you can claim that as well.

Then, the car accident settlement calculator gets into some of the more nebulous areas. Pain and suffering can add to your total expected settlement, as can loss of quality of life. Again, if you’re not sure what these values should be, consult your lawyer. Keep in mind that most insurance companies will try to deny some or all of these categories, so it’s important to understand how much money you should be expecting in your settlement.