Personal Injury Settlement Calculator
This information is not intended as legal advice, and we do not represent you as your legal counsel.
We do not handle cases related to financial exploitation or poor housing conditions where someone might be taking advantage of an elderly person.
Personal Injury Settlement Calculator
Estimated Settlement Totals*
*The results calculated are meant for instructional purposes only. They do not constitute legal advice and offer a simplified overview of the potential estimated value of your case. Consult an experienced attorney for a full analysis of your specific case.
Economic Damage
Non-Economic Damage
Your Total Settlement Value
Get an Estimate of Your Settlement
Damages Covered in Personal Injury Settlements
Personal injury claims can cover a wide range of damages, both economic and non-economic, depending on the circumstances of the case. These damages are typically intended to compensate the injured party for their losses and suffering resulting from the accident or injury.
Economic Damages
Medical Expenses
Compensation for all past and future medical bills, including hospitalization, surgeries, prescription medications, and rehabilitation.
Lost Wages
Reimbursement for the lost income, encompassing both current and potential future earnings.
Property Damage
Coverage for the repair or replacement of damaged personal property, such as vehicles or belongings.
Out-of-Pocket Expenses
Compensation for miscellaneous costs incurred as a result of the injury, such as transportation, home modifications, or assistive devices.
Non-Economic Damages
Pain and Suffering
Compensation for the physical pain, emotional distress, pain, and suffering caused by the injury.
Mental Anguish
Damages intended to address psychological distress, including anxiety, depression, and other mental health issues stemming from the accident or injury.
Loss of Enjoyment of Life
Compensation for the diminished ability to partake in activities, hobbies, or daily life as a consequence of the injury.
Loss of Consortium
In cases affecting personal relationships, this covers the loss of companionship, support, and love from a spouse or family member.
How to Calculate Your Personal Injury Claim Value
One method used for calculating personal injury settlement values is the calculation method. It provides a rough estimate and is often used as a starting point for settlement negotiations with insurance companies or during legal proceedings.
The calculation method is primarily employed to assess the value of "economic" or "special" damages, which are losses with specific dollar amounts, such as medical bills and repair invoices. This straightforward approach enables injured individuals and insurance companies to estimate special damages by summing up the actual expenses incurred due to the accident.
Example:
Imagine you were in a car accident, resulting in $10,000 in medical bills, $10,000 in lost wages, $2,000 for vehicle repair, and $1,500 in transportation and miscellaneous expenses. The total economic damages result in $23,500.
What Is the Average Settlement Value in Personal Injury Claims?
The value of a personal injury settlement can vary widely, influenced by the unique details of each case. On average, personal injury settlements amount to approximately $55,000. However, this average is skewed by high-value cases, which means it doesn’t always reflect the more common settlement experiences.
Several factors influence these settlement amounts. Cases with severe injuries, lasting disabilities, or significant impact on the claimant’s quality of life often yield higher compensation. For example, settlements for cases involving catastrophic injuries or long-term medical care needs can exceed $100,000 or more. In contrast, cases with minor injuries or minimal financial impact tend to fall below the average, with settlements typically ranging between $3,000 and $15,000.
It’s also essential to consider that settlement amounts are heavily influenced by factors such as the at-fault party’s insurance limits, the strength of the evidence, and the jurisdiction’s laws. Working with an experienced personal injury attorney can be crucial in accurately assessing a claim’s potential value, as they provide insight into how specific case details might affect the settlement outcome.
How Much Money Will I Pay My Lawyer After My Settlement?
Most personal injury lawyers, including Lehmbecker Law, represent clients on a contingency fee basis. With a contingency fee, your lawyer will receive a percentage of the total settlement amount as their fee, but only if you win your case and receive a settlement or jury award. The typical contingency fee percentage ranges from 33% to 40%, although it can vary based on your specific agreement and the complexity of your case.
Estimate Your Personal Injury Compensation
Why Choose Lehmbecker Law?
Choosing Lehmbecker Law means choosing excellence in personal injury representation.
Here's why we stand out:
Skill in personal injury: More than 52 years of combined experience in personal injury law ensures the best outcomes.
Client-centered approach: Personalized attention and open communication for your peace of mind.
Proven track record: A history of successful settlements and verdicts speaks to our reliability.
Recent Personal Injury Settlements
Testimonials
Areas We Serve
STE. F Federal Way, WA 98003