Car Accident Settlement Calculator

1. Medical Expenses: Fill in the total amount that you were billed/paid for when you were treated for any injuries resulting from your car accident, including any out-of-pocket costs. If you haven’t received treatment, use this daily rate method instead, but keep in mind that medical records could make for a better case.

2. Property Damage: Place in any costs associated with any property damages/repair expenses you had been billed/paid for as a result of your car accident. This can include car repairs, the fair market value of the vehicle you lost, rental car expenses, and property within the car at the time of the accident (e.g. laptops, cell phones, and jewelry).

3. Lost Earnings: (The aftermath of a car accident can leave victims unable to work, affecting their finances. If you missed work because of the injuries you sustained in your car accident, fill in the total amount of your lost income here. Include any used available time-off benefits like paid time off (PTO). Enter the value you lost as if it were unpaid.)

4. Future Lost Income: (On top of lost earnings, car accidents can leave victims out of work for a lot longer than they anticipated. If you missed–or are missing–more work because of rehabilitation, ongoing treatment, or an inability to continue working your current job/role as a result of your car accident, fill in an estimate of your future lost income here.)

5. Estimated Future Medical Expenses: (Continued treatment for injuries sustained in a car accident can mount up quickly, and unfortunately, they don’t just disappear. If your injuries require continued medical treatment, therapy, or future surgeries, get an estimate of the associated costs and fill in the value here.)

6. Multiplier for General Damages: It isn’t uncommon for victims of a car accident to develop symptoms of pain and suffering and/or mental anguish. To remedy this, an amount is usually multiplied by 1.5 to 5 times the total amount of your medical costs, which is an amount that is negotiated between you and your claims adjuster. It is best, however, to hire a lawyer before speaking with an adjuster.