After a car accident, it’s imperative that you do everything you can to document the injury to ensure that you are given the best outcome. It can be difficult to figure out just how much your claim is worth without getting the help of a personal injury lawyer olympia wa. Not only do you need to figure out just how much of an impact the accident that caused your injuries have had on a financial level, but you will also need to figure out just how much your pain and suffering is on a monetary level. This is something that is particularly difficult to determine on your own. While you wish that you could have avoided the pain in the first place, accidents happen and you deserve to be compensated fairly for the suffering that you have endured.

Multiply By 3
One of the most common ways that pain and suffering are determined is by multiplying the total of financial damages such as lost wages and medical bills by 3. For example, if your medical bills were around $8,000 and you lost wages of around $2,000, reasonable damages may be around $30,000 for your claim. While this was a popular method in the past, it’s starting to be replaced with complex computer programs that use different formulas to determine what the claim is worth and how much they should offer.

Daily Rate
There are some insurance companies that choose to determine pain and suffering by a daily rate based on different factors. If your injury impacted you severely for around 3 months, they would consider the damages and calculate with a daily rate that they have determined. If they determined that your pain was worth around $300 per day, they would multiply that by around $90 before determining their settlement offer for you. There would also be factors like ongoing pain and suffering if the injury will have a lasting impact on your life.

Disability
In some unfortunate cases, the injuries that were sustained during the accident that started your case were so severe that it has left the plaintiff unable to work in the same capacity as before. When this is the case, things can get rather complicated as you should be compensated for any wages in the future that will be lost because you are unable to perform in the types of jobs that you had been doing previously. Future lost wages, actual damages, and pain and suffering will all have to be calculated when determining just how much your case is worth.

Insurance companies will never offer you what you deserve on their first offer. In some cases, they will question who is at fault in an accident and try to deny the claim altogether. There are some situations in which you may be able to handle negotiating on your own with accidents where only minor injuries were sustained, but anything that has impacted your life can be difficult to navigate.