Personal Injury Settlement Calculator - Estimate Your Claim Value

Last updated:
Published by CalculateMyCase.com
  • User rating
    4.9
  • Total calculations
    16,789

The first step in negotiating a settlement for a car accident or personal injury claim is to calculate a reasonable settlement amount for your car accident or personal injury claim. Most insurance companies and injury attorneys use a specific formula (outlined below) to calculate settlement amounts based on economic and non-economic damages.

One common method used to calculate a settlement amount for a personal injury claim is the multiplier method (explained in detail below). This also includes economic damages associated with medical expenses, lost wages, and property damages along with non-economic damages – such as those that are awarded for pain and suffering. Use this personal injury settlement calculator to find your claim’s value, and understand factors that impact what your case may be worth.

Calculator

Enter the estimated total of your past and any outstanding medical bills. Include the estimated future medical expenses.

Enter the estimated value of past and future lost wages due to hospital stays, physical therapy, doctor appointments, and vacation/sick days related to recovery.

Enter the expected value for any property that was damaged as a result of the accident.

This calculator uses the multiplier method, which uses a multiplier (between 1 and 5) to calculate total economic damages. You can use these guidelines for a rough estimate:

  • 1.5x multiplier: For minor injuries like lacerations and bruising.
  • 3x multiplier: For moderate injuries like broken or fractured bones.
  • 4.5x multiplier: For long-lasting severe injuries such as organ damages, permanent disfigurement, PTSD, and nerve damage.

Average Car Accident Settlement Amount

Average car accident settlement amount chart (2024)
Average car accident settlement amount chart (2024)

The average car accident settlement amount is $212,325, and the median settlement amount is $25,000. This data is based on over 3600 auto accident cases recorded by Thomson Reuters between 2019 and 2024. It should be noted that the median settlement amount is a more accurate representation of the typical car accident settlement because the median amount is not subject to being skewed by very high settlement amounts, which may be considered outliers.

Settlement data is as follows:

  • Highest settlement amount ($1,127,000,000): This wrongful death settlement resulted from a tragic incident involving a head-on collision. In this case, two individuals lost their lives, and another sustained a traumatic brain injury. The injured individual was driving with the decedents as passengers when their vehicle was struck by a driver who was under the influence. The other driver, found to be heavily intoxicated and traveling at a high rate of speed, veered into their lane, causing the collision. The driver responsible for the accident admitted liability. The legal process concluded with the jury awarding substantial punitive damages to the surviving family members.
  • Lowest settlement amount ($1,000): A motor vehicle collision occurred at an intersection where one vehicle failed to stop at a red light, striking another vehicle. The driver responsible for the collision admitted to a lack of attention while driving. The driver of the struck vehicle sustained minor injuries.
  • Average settlement amount ($212,325): The average settlement amount is the sum of all settlements divided by the number of settlements. It provides a single figure that summarizes the overall level of compensation awarded in auto accident cases within the study.
  • Median settlement amount ($25,000): The median more accurately reflects a “typical” car accident settlement amount because the calculation is less subject to being skewed by extremely high or low settlement amounts that can skew average settlement calculations.

Personal Injury Settlement Examples

For settlement examples and settlement data, view the following:

How Personal Injury Settlements Are Calculated

Calculators for personal injury settlements will often vary due to unique variables of each case and governing state laws. However, here are some of the most common methods used to calculate personal injury settlements…

Multiplier Method: The multiplier method (as used in the calculator above) uses a formula that adds all economic damages (such as medical expenses, lost wages, and property damages) and then multiplies the sum by a number (referred to as the multiplier) to determine a value for non-economic damages such as pain and suffering. The multiplier typically ranges from 1.5 to 5, and varies depending on the severity of the injuries and other factors associated with the accident.

Example: Let’s say the economic damages (medical bills, property damage, and lost wages) following a car accident amount to $52,500. If the severity of the injuries and the impact on the victim’s life justify a multiplier of 4, the calculation for the car accident settlement would be: $52,500 (economic damages) x 4 (multiplier) = $210,000.

Per Diem Method: This calculation method assigns a daily rate for pain and suffering, and then multiplies that rate by the number of days the injured party was affected. The daily rate can if often be based on the individual’s daily income or related value of income.

Suppose a person suffers a back injury that affects them for 150 days. If a daily rate of $150 is deemed appropriate for pain and suffering, the calculation would be: $150 (daily rate) x 150 (days) = $22,500 for pain and suffering, in addition to economic damages.

Comparative Negligence Adjustment: In personal injury cases where both parties found to be at fault, the settlement amount may be adjusted based on the percentage of fault attributed to each party. For example, if the injured party is found to be 30% at fault, the settlement amount might be reduced by 30%.

Example: A car accident results in economic damages of $25,000 and the injured party suffers injuries that justify a multiplier of 3.5 for a total of $87,500. However, the injured party is found to be 30% at fault for the accident. The adjusted car accident settlement amount would be: $87,500 – (30% of $87,500) = $87,500 – $26,250 = $61,250.

Structured Settlement: Instead of a lump-sum payment, some settlements are structured to provide regular payments over a period of time. This can provide an additional source of income for the accident victim. This type of settlement can be beneficial in cases involving long-term care and/or lost wages.

Example: Instead of a lump sum settlement of $120,000, the injured party might opt for a structured settlement that provides $15,000 per year for 10 years. This arrangement offers a consistent income stream and can be particularly beneficial if the injured party requires ongoing medical treatment.

Settlement Negotiations: Often, the a settlement agreement is finalized through negotiations between the injured party (or their attorney) and the insurance company. Case factors such as evidence and the insurance policy limits can all have an impact on the negotiation process.

Example: Initially, the insurance company offers a settlement of $40,000 for a pedestrian accident. After negotiations, taking into account the severity of the injuries and the impact on the victim’s life, the parties agree to a final settlement of $55,000.

The examples above are meant to illustrate the different calculation methods for personal injury and car accident settlements. These calculations are simplified for clarity and general understanding. In real-world personal injury claims, calculations can be more complex by including various other factors that may influence the final settlement amount.

Key Variables That Influence How Much Personal Injury & Car Accident Settlements Are Worth

  • Insurance coverage & policies – Most states require minimum insurance coverage, which is generally $25,000 per person and $50,000 per accident. The choice of insurance policies and providers can significantly influence the settlement process and outcome of a personal injury claim.
  • Fault (or liability) – In at-fault states, the at-fault driver is liable for covering economic and non-economic damages such as medical costs, property damage, and damages associated with any injuries that result from the auto accident. Sometimes establishing liability is straightforward. However, in other cases, there can be more complex considerations for accidents that include partial liability. This is referred to as comparative negligence, which allows individuals to pursue compensation based on the defendants’ degree of liability in the accident. For cases that do not have clear fault or liability, the case may proceed to trial.
  • Severity of injuries – The severity of injuries that result from an auto accident or other personal injury claim (such as a slip and fall) will have a significant impact on the settlement amount. Accidents that result in serious injuries (such as brain or spinal cord injuries) or wrongful death will often lead to higher settlement amounts than those involving less severe injuries like broken bones or fractures. These higher settlements are generally due to claims of non-economic damages (such as pain and suffering) in addition to potentially large and ongoing medical expenses, treatment, and physical therapy.
  • State laws – The impact of minimum insurance coverage, traffic regulations, and state-specific fault laws on a personal injury claim varies between states. Consulting with a personal injury attorney can help you understand how state laws and other various case factors may influence your claim and the overall amount of your personal injury settlement.
  • Total damages – The total financial loss (or damages) is another key factor when calculating a settlement amount for car accidents and other types of personal injury claims. This includes costs associated with vehicle damage, medical bills, pain and suffering, and any lost income due to an inability to work.

Maximize Your Settlement Amount With Help From A Personal Injury Attorney

Each personal injury claim is unique, and the methods used to calculate and negotiate a settlement amount will vary between cases due to unique case variables and governing state laws. Consulting with an experienced personal injury attorney can help ensure that you receive a fair settlement.

Getting started with your personal injury claim is easy. Just request a free case evaluation online, and a legal team in our network will reach out to you regarding your case. Our network of attorneys includes a team of over 250+ legal professionals throughout the United States with over $1 billion recovered for clients, including those who have suffered injuries as a result of car accidents, slip and falls, dog bites, and work injuries.

⚖️ All of our attorneys work on a contingency fee basis, meaning there are no upfront legal fees or costs — you only pay if you win.

About

We use settlement calculators to help individuals estimate how much compensation they may receive from their personal injury claim. We partner with law firms throughout the United States to help produce the most accurate results. Our content and calculators are created with the help of top-rated attorneys and legal professionals.