A majority of the accident victims, who seek compensation from the negligent opponent are apprehensive of the whether the amount received will be able to cover up for their losses. The amount of compensation that the plaintiff is entitled to receive depends upon several factors and is usually determined by the solicitors, offering the injury claims solutions. An accident victim, especially the subject of a car accident undergoes expenses, arriving from all quarters apart from the obvious physical pain. It is perhaps needless to mention that there is little justification behind claiming compensation if the outcome is not satisfactory. It is for this reason that an adequate calculation of the losses is necessary and compensation calculators allow executing this in the desired manner.
Compensation calculator is basically the process by which the damages, incurred by a victim are estimated. The calculation moves through certain stages and following are the factors taken into account in the process:
• Although there is no particular way of judging the severity of the injuries or even the pain generated from them, a pain multiplier between 1.5 and 5 is used to rate the intensity of the injuries. So, minor injuries like a sprain in the neck or so would be rated 1.5- 2 while the serious ones like head injuries would get higher figures.
• Every injuries, whether minor or severe, needs to be medically treated and this treatment calls for quite a lot of expenses. The expenses on medicines, pathological tests and even the fees of the doctors are taken into account in calculating the compensation amount to be granted.
• Loss of income due to the inability to attend work calls for greater deficits on part of the victim. This loss is calculated by multiplying the number of days with the pay rates.
The injury claims calculator offers a better and more reliable way of judging the compensation to be received by the claimants. In the event of the minor injuries, so much of calculation is not required. On the other hand, with efficient solicitors by the victim’s side, the latter can stay rest assured of the injury claims being processed in the most desirable manner.
Having outlined the significance of the compensation calculator and the way the calculation is executed, the next question revolves around how accurate the method is. It has to be remembered in this respect that the compensation calculator do not give out the exact amount of compensation but only an estimate of the same. The amount that is obtained through this method of calculation is the actually the money that is supposed to be paid up for by the negligent third party.
The personal injury solicitors, in the process of offering up the injury claims solutions put utmost focus on ensuring that the victim is able to receive the highest possible amount. With this in mind, they adhere to the correct means in processing the claims and the usage of the compensation calculator is but a part of it.
For more information about injury claim ,please visit: www.injuryclaim.org