How to Calculate Car Accident Compensation Effectively

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2. Lost Wages

Assess the total wages lost due to the inability to work. This should include evidence of salary prior to the accident and any proof of time off work.

3. Future Earning Potential

If injuries affect the ability to earn in the future, an evaluation may be necessary to estimate lost future income based on career prospects.

4. Property Damage

Determine the cost of repairing or replacing the damaged vehicle and any personal property lost in the accident.These calculations must be thorough and accurate, as they form the basis of the economic damages claimed in a compensation case.

Calculating Non-Economic Damages, How to Calculate Car Accident Compensation

Quantifying non-economic damages, such as pain and suffering, involves a more subjective approach. Various methods can be used to assess these damages:

Multiplier Method

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