Claim Settlement Estimator
Estimate your insurance claim settlement amount based on medical expenses, property damage, lost wages, pain and suffering, liability percentage, and policy limits.
Formula
1. Economic Damages = Medical Expenses + Property Damage + Lost Wages + Future Medical Costs
2. Pain & Suffering = (Medical Expenses + Future Medical Costs) × Multiplier
Multiplier: 1–2 = minor injury, 3 = moderate, 4–5 = severe/permanent
3. Gross Damages = Economic Damages + Pain & Suffering
4. Adjusted Damages = Gross Damages × (1 − Liability% ÷ 100)
Comparative negligence: reduces award by claimant's share of fault
5. Capped Amount = min(Adjusted Damages, Policy Limit)
6. Net Settlement = max(0, Capped Amount − Deductible)
Assumptions & References
- Pain and suffering is calculated using the multiplier method, applied to medical expenses — the most widely used industry approach (Insurance Information Institute).
- Comparative negligence follows the pure comparative fault model: damages are reduced proportionally by the claimant's percentage of fault, regardless of how high that percentage is.
- Some states use modified comparative negligence (bar at 50% or 51% fault) — consult your state's laws.
- References: Insurance Information Institute (iii.org); NAIC Consumer Guide to Auto Insurance; Restatement (Third) of Torts: Apportionment of Liability.