Calculating an Accident Claims Settlement Value.

Many factors can affect the settlement value of a personal injury case, and knowing these factors can improve your chances of getting compensation. These include:

  • The type of injury and the pain and suffering since
  • Future and current loss of earnings. How the injury influences your performance at work.
  • Possible expenses. The amount of money spent for the recovery of your injury.

As a general rule, different types of injury results in different accident claim settlement values. For example; a medical negligence claim would be different to claiming for a road traffic accident. This being said, however, in all claims cases there is a time limit of 3 years for processing a claim. Different procedures can be followed, from drafting a letter to the claims department to obtaining the services of a claims solicitor to represent you in court. To know more you can view our Step by step Guide on Making Personal Injury Compensation Claims

Personal Injury that Caused Pain and Suffering

In general, personal injury can be classified into 2 main categories. Firstly, physical damages that you attain from an accident, or negligence. The second is psychological trauma as a result thereof.

Physical injuries include scarring, disfigurement, and soft tissue damage. Some injuries can also cause disability for example, a spinal cord injury. Some disability injuries are not permanent and will merit a long recovery period. A burn injury is a perfect example in a case of disfigurement and scarring. You can also retain psychological trauma from these types of injuries.

When you are claiming for your injuries your injury solicitor will take into account the severity of the damage caused.  In most cases, the evidence is required, such as medical reports and X-rays etc. This assists in the assessment of the value of your claim for pain and suffering. For all the minor cases, a report from the GP can be sufficient.

When can You Claim for Loss of Earnings?

If the accident caused you to take time of work, you may be able to claim for loss of earnings. The accident claim basically calculates upon the amount which you would take home and not your gross earnings. It is important to remember that you will not pay tax on payment of damages.

When claiming for loss of earnings, the solicitor handling your case will need a schedule of earnings. In this case, you will need to obtain a schedule from your employer for a three-month period before the accident. You can also help your case by retaining payslips for the period before the accident and payslips for the period of absence (if applicable). These slips can be valuable in comparison to the information provided by your employer.

Claiming for Possible Expenses

You may be able to claim for expenses related to personal items that suffered damage in an accident for example dentures, glasses or crash helmets. Insurers may wish to inspect these items so it is important to keep the damaged items as proof.

Prescription costs and travel expenses related to the accident can be included in a claim, including taxi fares or prescription charges. It is good practice to discuss all expense related decisions with your solicitor though. For example; hiring of a replacement car if your own has been damaged by the accident. And always keep the receipts.

In conclusion, a claims injury calculator like the one offered by Legit Claims can assist any person as a starting point for calculating what a claim settlement value could be worth. This takes into account the area in which the injury has occurred, the costs of treatment as well as future loss of earnings that is related to your unique situation. We know that every injury is unique, therefore the Legit Claims Personal Injury Calculator allows for the assignment of injuries for the individual, male or female. We also wish to remind you that the calculators are useful for estimation purposes only. It is best to find a personal injury solicitor whom can advise you in more detail what your claim can be worth.