subject: Understanding The Personal Injury Compensation Calculator [print this page] If you have been involved in an accident through no fault of your own and have suffered physical injury or psychological pain, you can start a personal injury claim. The use of a personal injury compensation calculator can assist you with the calculation of the potential claim amount. You have to keep in mind that this will only be an approximation.
There are several factors that have to be taken into account when calculating a claim. The main parameters used by this calculator will be based on the amount of suffering you have had to endure, the financial loss that you will suffer and the degree of fault. This includes not only your physical injuries, but the psychological damage as well.
Loss of quality of life must be taken into account. The financial loss that you suffer must be calculated. These include the expenses that you have already incurred as well as those that might occur in the future and are linked to the injury. There will be medical expenses that will be incurred.
Some of the medical expenses that may be incurred could include surgery, prosthetics, rehabilitation and medication. There may also be recurring medical treatments and rehabilitation necessary as well as medication for the future. The increase in costs for all these has to be calculated too.
You may suffer psychological trauma during the accident or whilst enduring rehabilitation. The loss or damage that you experience could also be a cause. This type of suffering may be quite difficult to determine however the compensation calculator can be of assistance in this case. Psychological injuries can last a lifetime and it may well affect your friends and family as well.
The value of the loss of income due to injury will need to be taken into account. The loss of future income must form part of this claim as well. As the amount of the reward is based on the pain and suffering which was caused by someone else, the claim will have to consider your accountability too. If there was accountability on your side, the amount awarded will be adjusted accordingly.
The personal injury compensation calculator is an excellent tool to try and figure out what your claim could be. However, you may experience other legal considerations and setbacks. Small claims that are straightforward can be done personally, but if it is a large claim or more legally complicated, you will do well to appoint a personal injury lawyer to help you do the calculation.
by: Helen Grieves.
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