While getting a ballpark estimate on what your case may be worth is helpful, calculators such as the one we have provided below will never return a 100% accurate result. If you’re in Florida (or the accident happened here), we always encourage you to contact our team of highly-rated personal injury lawyers to discuss your case and have an evaluation done by one of our team, free of charge.

Case Value Calculator

The calculator below is for informational purposes only. It is designed to give you an estimate of the award you may see from a personal injury claim.

Disclaimers

This case value calculator is for informational purposes only. It is no substitute for sound legal advice. You should be aware that the value of an individual personal injury case is based on many factors. The following are among the most important factors affecting the value of a given case:

  • The injury law firm chosen. One of the most significant factors in determining case value is the choice of injury law firm representing the injured victim. The effectiveness of the injury law firm and their reputation with the insurance companies involved can have a dramatic impact on case value. Some law firms settle every case and never file a lawsuit. Other law firms may try to informally resolve the case in the client’s best interest, but if they are unable to do so, they are willing to file a lawsuit and potentially take the case to trial before a jury. These factors affect the insurance companies’ evaluation of the case.
  • The amount of automobile insurance coverage available. Available coverage may include the at fault owner and driver’s liability insurance, any excess or umbrella coverage, the at fault driver’s employer’s insurance if the driver was working at the time of the accident and any uninsured motorist coverage to which you may be entitled. You should hire an experienced attorney to conduct a comprehensive insurance investigation before engaging in any settlement discussions with any insurance companies or other liable parties.
  • The extent of property damage in automobile accident cases. Cases involving vehicles sustaining heavy property damage will typically result in higher settlements compared to cases involving modest damage to the vehicles.
  • The extent to which the injured victim may be at fault in causing the accident. This is known as comparative fault. Under Florida law, the injured party’s damages are reduced by the percentage of fault they are found responsible for. As in example, if an injured person is found to be 25% responsible for the accident, and the damages are assessed at $100,000.00, the person may only recover $75,000.00. Finally, under current Florida law, if the injured person’s percentage of fault is greater than 50%, the person is barred from any recovery at all.
  • The severity of the injuries resulting from the crash. More severe injuries will often result in higher settlement values than more minor or moderate injuries. Additionally, in automobile accident cases in Florida, the injured party must establish that his or her injury is permanent in order to recover damages for pain and suffering, loss of the capacity to enjoy life and other non-economic damages. Finally, although permanency of injury is not required to be proven in other negligence cases, like slip and fall claims, whether a given injury is temporary or long-lasting will affect the amount of damages a jury may award.
  • Any pre-existing conditions or prior similar injuries which can affect the ability to prove that the accident was the true cause of your injury. Insurance companies and defense attorneys will exploit these pre-existing conditions in an effort to convince the jury that your accident-related injuries stem from some other cause. It is critical that you have an experienced attorney on your side to combat these tactics.
  • The geographical location or venue where the lawsuit is filed. The location of the accident decides the jury pool. There is significant variation between jurisdictions and jury demographics, which greatly affects the evaluation of the case.
  • The credibility and likability of the injured victim can also play a prominent role in case value. Additionally, whether the injured person has been convicted of felonies or crimes involving dishonesty may affect the value of a given case.

More Resources About Personal Injury Settlements:

How to Calculate Personal Injury Settlement Amount

Many individuals that are seeking to file a personal injury first ask their attorney, “what’s my case worth?” as a way to determine whether or not they should put the time into pursuing a claim. Generally, however, receiving compensation for an injury that was caused by another individual’s negligence is worth it, to cover medical bills, lost wages, and related losses.

As part of providing our personal injury settlement calculator to victims of personal injury cases, such as slip and falls, car accidents, and truck accidents, we want to give victims a clear understanding of how this calculator estimates a potential settlement amount. Our calculator considers various elements of damages which are recoverable under the law in order to generate an estimate. By understanding how these elements influence the calculation, victims can better comprehend the rationale and logistics behind the estimate they receive. This transparency helps ensure that individuals are well-informed and can make educated decisions regarding their personal injury claims. If you have any questions about the estimated amount provided by our personal injury settlement calculator, or would like to know more about your options regarding your case, please feel free to contact our team. We are always happy to provide legal guidance and extend our knowledge to help you make informed decisions. 

Medical Bills To Date

One of the most crucial aspects of a personal injury settlement is receiving compensation for all injuries sustained in an accident, whether it be a slip and fall, car or truck accident, motorcycle accident, or any other type of personal injury accident. Many individuals want to know “how much my personal injury settlement is worth”, which involves factoring in all medical bills incurred to date. This establishes that the settlement accurately reflects the financial impact of the injuries inflicted and provides appropriate compensation for the victim’s past medical expenses.

Estimated Future Medical Bills

In addition to seeking compensation for current medical bills, an essential component of a personal injury settlement is factoring in any future medical costs the victim is likely to incur. Estimating the total settlement involves considering these anticipated future medical expenses to ensure full financial recompense for the victim’s ongoing healthcare needs. This forward-looking approach ensures that the personal injury settlement adequately addresses both present and future financial medical burdens resulting from the injury.

Lost Wages To Date 

Personal injury lawyers who estimate a personal injury settlement for a victim will also consider lost wages to date and factor them into the total settlement amount. This compensation is designed to cover the income a victim has missed due to being unable to work as a direct result of their injury. By including lost wages to date in the settlement, we aim to ensure that victims are financially compensated for the time they have lost due to being unable to return to work. 

Estimated Future Lost Wages 

Along with accounting for lost wages to date, our settlement calculator also includes an estimate for future lost wages. This part of the estimate of a personal injury settlement is designed to incorporate compensation for victims for the potential income they are likely to lose where their injury prevents them from returning to work following the incident. By factoring in both current and future lost wages, our calculator aims to provide a more comprehensive and accurate settlement estimate, giving victims a fair idea of what they can be compensated for.

Pain and Suffering and Related Losses to Date

When utilizing our settlement calculator, it will include factoring in compensation for various non-economic damages suffered to date, such as pain and suffering. Pain and suffering compensation accounts for non-economical aspects of being injured, such as:

  • The effects of disability and disfigurement
  • Mental anguish
  • Loss of the capacity for the enjoyment of life

Non-economic damages refer to the intangible losses a victim faces after being in an accident, which are not easily assigned a monetary amount, like medical bills or lost wages. Consulting a personal injury lawyer at our firm can be very helpful in evaluating your case and determining the value of your pain and suffering through logical methods. Our attorneys will sometimes use a multiplier method, which involves multiplying the economic damages by a number between 1.5 and 5. This multiplier is typically based on the injury’s severity. Alternatively, damages may be calculated on a per diem basis, which means a daily value is assigned to the pain and suffering experienced. An example of the multiplier method would be when a victim incurs $10,000 in medical bills and a severity rating of 4, the pain and suffering value would be $40,000. While some people are looking for a realistic settlement calculator, our lawyers can help you accurately calculate these pain and suffering to date, as well as help you to secure the maximum possible compensation for your suffering.

Estimated Future Pain and Suffering and Related Losses

Our personal injury calculator also takes into account future pain and suffering, as it is a crucial component of damages. This aspect of our bodily injury settlement calculator recognizes that there is often no definitive end date for the mental anguish and physical pain an injured victim may endure, meaning that it can carry on into the future and plague a victim for years or even permanently. This consideration ensures that the long-term impact on the victim’s quality of life is factored in when estimating a personal injury settlement, providing a more comprehensive and fair evaluation of their claim.

Percentage that Victim was Comparatively Negligent

The final aspect of our personal injury calculator involves factoring in comparative negligence, which is particularly important under Florida personal injury law. Comparative negligence refers to the percentage of fault assigned to the victim in the accident. This means that their settlement amount will be reduced by their percentage of fault. For example, if a victim is deemed 20% responsible for the incident, and their personal injury settlement is valued at $100,000, their compensation will be reduced to $80,000. Under Florida law, however, if the victim is found to be over 50% at fault for the accident, he or she is barred from any recovery of damages. By including comparative negligence in our personal injury settlement calculator, we can more accurately answer our client’s most common question, “What’s my case worth?”, and provide a more precise and fair estimate of potential settlements.

How Much Money Should I Ask For In A Settlement?

When seeking a settlement for injuries sustained in an accident, whether it be a pedestrian accident, motorcycle accident, Publix slip and fall settlements, or other slip and fall accidents, it’s important to request an amount that adequately compensates you for both your economic and non-economic damages. Economic damages include compensation for aspects of your injury that can be assigned a monetary value, like lost wages and medical bills, while non-economic damages include pain and suffering, emotional distress, and reduced quality of life. It’s essential not to underestimate these factors, nor shortchange yourself in the process.

If you’re uncertain about how much you should ask for in a personal injury settlement, don’t hesitate to reach out to a Florida personal injury attorney at our firm. Our experienced team is dedicated to helping you receive the compensation you deserve. We are here to provide the legal guidance and support necessary to navigate a personal injury claim and secure a fair settlement that fully addresses the impact of your injuries.

What Is Considered A Good Settlement?

A good personal injury settlement is one that adequately reflects and compensates the victim for the extent of the injury’s impact on their life and well-being. No two personal injury cases are the same, therefore no two personal injury settlement amounts will be the same either. It should include compensation for both economic damages, such as medical expenses and lost wages, and non-economic damages like pain and suffering, emotional distress, etc. 

The settlement amount should also take into account the long-term consequences of the injury, including any ongoing medical treatment or rehabilitation needed in the future. Additionally, a favorable personal injury settlement amount considers: 

  • The strength of the evidence supporting the claim
  • The legal complexities involved
  • The potential for future complications related to the injury

Ultimately, a good settlement makes sure that the injured party receives fair compensation that helps them move forward with their life after the accident.

Conclusion

When looking for a realistic settlement calculator online, it’s important to remember that they are no substitutes for sound legal advice. There are various personal injury lawyers in Florida that offer free consultations, including us. Contact us 24/7.