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A Complete Guideline on Personal Injury Insurance Claim Calculator

ICBC Lawyer Kelowna > personal injury  > A Complete Guideline on Personal Injury Insurance Claim Calculator

A Complete Guideline on Personal Injury Insurance Claim Calculator


Personal injury insurance claim calculator has never been so easy.

Everyone knows this, and calculating personal injury compensation is no exception. These days, there are many apps like online personal injury insurance claim calculator available. But very few know how those work or what is the formula.

For this reason, in this guide, we are ready to inform accident victims of their rights. To prevent insurance companies from continuing to abuse the ignorance of the injured, this is necessary.

In the next few minutes, you will know what the insurance company has to pay for your injuries with our exclusive formula and the complete guide. Too easy!

Macro Guide for Personal Injury Insurance Claim Calculator

If you have decided to know everything about your insurance claim, this is the right way.

We have tried to explain everything relevant and only what is appropriate. And also, in a simple way and within everyone’s reach.

Without further ado, let’s get started.

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Who is Entitled to Collect Personal Injury Insurance in An Accident?

Before learning how to calculate personal injury insurance compensation, it is essential to know who is entitled to it. After an accident, it would be better to explain that only the victim who is solely at fault for the incident is entitled to compensation,

  • The driver of the vehicle is not guilty of the accident.
  • All occupants travel in the car they travel.
  • Pedestrians, unless the fault of the incident falls exclusively on them.
  • Children under fourteen years old, even if they are at fault for the accident.

Furthermore, in all the cases presented, you have the right to compensation, including,

  • If the faulty car does not have insurance
  • If the culprit (or the victim) does not have a license
  • If the cause is on the run
  • If the culprit has a stolen car

Even if all of the above circumstances apply, the victim will still charge.

Know More About Car Insurance Laws in Kelowna

Calculating Personal Injury Insurance Claim: The Multiplier Rule

There is a concept that is important for us to be clear, the compensation that the victim of a personal injury ends up collecting is the result of adding several specific benefits.

In other words, an injured person has the right to charge-

  • For the days he was in rehab,
  • For the aftermath, he had left,
  • For the transportation expenses, he had to pay to go to the clinic,
  • For the discounts, they practiced on his payroll for being low, etc.

To calculate the final, personal injury insurance claim, we must know how each of the specific compensation is calculated.

  • The individual compensation structure is broad as follows:
  • Medical expenses
  • Property damage
  • Lost earnings
  • Future lost earnings
  • Estimated future medical expenses
  • The multiplier for general damages

The formula: (medical expenses: past and future) x (multiplier which can be 1.5 to 5) + (property damage + lost earnings + future lost earnings + estimated future medical expenses) = reasonable personal injury insurance value to claim

What is the multiplier?

The multiplier depends on the severity of the injury. Like we said before, it can be from 1.5 to 5. Here the severity refers to the pain and suffering.

This seems very simple in theory. In practice, it is so complicated that it ends up leading to endless discussions that often end up in court. The heart of the problem is that human beings cannot demonstrate emotions and the level of pain and suffering. So, how do we decide that? The multiplier comes in handy in this case.

To decide the level of the multiplier, you need to ask some questions.

  • How bad is your injury?
  • How long do you have to be in the hospital?
  • How much are your medical expenses going to be?
  • What impact will it have on your daily life?

Your lawyer will help you decide this.

Case study: Mr. X has a broken leg with a torn ligament. His medical bills are 3000$. Now the lawyer and the insurance company have decided that the multiplier is 2. So, the pain and suffering value will be 6000$. This value will be added to the medical bills and will be 9000$.

Calculating Personal Injury Insurance Claim: The Per Diem Rule

Not every insurance company opts for the multiplier method. Some use this method called Per Diem. Just like the name, it refers to the settlement made per day.

In this method, the insurance company pays a certain amount every day. This amount can be from 50$ to any amount—for example, a reasonable amount of 100$.

Case study: Ms. X had an accident on March 1. She has to be in rehab for physical therapy for three months or 90 days. So, if the insurance company decides to pay 100$ every day following the Per Diem, the final settlement will be (90 x 100) = 9000$.

Insurance Claim Calculator: Warning

The online calculator, as we mentioned before, will be useful to check what the insurer offers you for your injuries. This way, you will know if what you want to get paid is under what the law says. You will obtain an estimate of your compensation as close as possible.

However, you should bear in mind that these online applications to calculate personal injury compensation cannot and should not replace the work of a specialized lawyer.

Consider that, on the one hand, we have omitted some compensation concepts (compensation for surgical interventions or lost profit or disability). On the other hand, we have simplified some.

Thus, these calculators are not to be trusted for final compensation. Due to complexity and because it would require the user to have knowledge that he does not have.

Therefore, it is highly recommended that you seek the advice of a law firm with sufficient experience in calculating traffic accident compensation.

Final words

Hopefully, this article will help you in understanding the use of a personal injury insurance claim calculator. Remember, while these apps will help you to get an idea of the sum, it will not be 100% correct. Get yourself an expert to ensure full justice.



    ICBC Lawyer Kelowna

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    ICBC Lawyer Kelowna

    Please contact us for more information.
    Our email is monitored seven days a week and we will get back to you shortly.

    (250) 469-7777