These types of compensation are called pain and suffering. In general, compensation for pain and suffering will be calculated by adding economic damages and multiplying them by a number between 1, 5 and 5, depending on the severity of the injury. The most common approach is to add up all the special damages (remember, those are your easily calculable economic losses) and multiply them by a number between 1.5 at the lower end and 4 or 5 at the upper end. The multiplier method for calculating pain and suffering is the most common method.
This method involves adding up all the “special damages” and then multiplying that figure by a certain number (usually between 1.5 and 5, with 3 being the most used). Special damages are any economic loss that can be easily calculated. They may include expenses such as medical bills, lost wages and property damage. If you have economic damages, they are quite easy.
They calculated with a calculator for settlement and judgment. In most cases, they consist of past and future medical bills and past and future lost wages. Your future loss of income damages are calculated by comparing your future earning capacity before the accident and your future earning capacity after the accident.
