- 1 Why Use the HURT911® Personal Injury Settlement Calculator
- 2 Does the HURT911® Personal Injury Settlement Calculator Collect My Personal Information?
- 3 Free Personal Injury Settlement Calculator By HURT911®
- 4 How Do I Calculate My Personal Injury Settlement Amount if I Don’t Know What It’s Worth?
- 5 What the HURT911® Personal Injury Settlement Calculator Does
- 6 When to Use the HURT911® Personal Injury Settlement Calculator
- 7 How Much Does a Personal Injury Lawyer Take From Your Settlement?
- 8 How Online Personal Injury Settlement Calculators Calculate Settlement Value
- 9 Can an Online Personal Injury Settlement Calculator Tell You the Correct Settlement Value?
- 10 Computer Software Programs That Estimate Personal Injury Settlement Value
- 11 Why Doesn’t the Personal Injury Settlement Calculator Include Income Tax?
- 12 Comments About the Personal Injury Settlement Calculator
Why Use the HURT911® Personal Injury Settlement Calculator
The HURT911® personal injury settlement calculator calculates how much money you will get and how much your personal injury lawyer will get from your settlement.
It can be used as a personal injury lawsuit settlement calculator or a personal injury claim settlement calculator for a car accident or any other accident and a settlement calculator for any injury from a soft tissue injury to amputation.
Does the HURT911® Personal Injury Settlement Calculator Collect My Personal Information?
No. The HURT911® personal injury settlement calculator is the only online calculator that does not collect your personal information!
We don’t ask for your name, email, or phone because we don’t want to annoy you and we wouldn’t sell it since we would want it ourselves. If you were injured in an accident in New York and would like a free consultation, just call us at 1-800-HURT-911 | 1-800-487-8911.
Other personal injury settlement calculators are designed only to collect your information to sell to several personal injury lawyers so they can call, text, and email you.
Free Personal Injury Settlement Calculator By HURT911®
Tips to use this personal injury settlement calculator:
- The personal injury legal fee in New York is 1/3. In many other states, it is as much as 40% or more.
- The Lawsuit Funding Payoff Amount and Amount You Received From Lawsuit Funding refers to a cash advance or lawsuit “loan”. Use our lawsuit loan calculator to get your Lawsuit Funding Payoff Amount. Find out more about cash advances and lawsuit funding.
Call New York’s HURT911® Personal Injury Dream Team™ right now for your free consultation!
We’ll call you back within minutes!
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— GUARANTEED! ™
How Do I Calculate My Personal Injury Settlement Amount if I Don’t Know What It’s Worth?
If you’re not sure what your personal injury case is worth, look at some of our personal injury settlement amounts examples and verdicts in New York to get an idea of the value of what your injury could be worth, and then use our Personal Injury Settlement Calculator.
Also, see what is included in our personal injury lawyer fees in New York and how they are calculated.
What the HURT911® Personal Injury Settlement Calculator Does
The HURT911® Personal Injury settlement calculator will do the following:
- Decide if it’s worth calling a personal injury lawyer or settling your own claim (see Can I settle my own personal injury claim).
- Answer the question, how much does a lawyer take from a settlement?
- Tell you how much you should get when your case settles.
- Tell you if your personal injury lawyer gave you the correct amount of money. (You may also want to see how long it takes to get your settlement check)
When to Use the HURT911® Personal Injury Settlement Calculator
- When you’re looking for a personal injury lawyer.
- During the course of your personal injury case, when considering a settlement offer.
- While you’re waiting for your personal injury settlement check as a personal injury attorney fee calculator to calculate the attorney fee, or
- After you received your personal injury settlement check as a personal injury attorney fee calculator to calculate the attorney fee.
How Much Does a Personal Injury Lawyer Take From Your Settlement?
The HURT911® Personal Injury Settlement Calculator will also calculate how much money you will get once you know the settlement amount and will tell you how much a personal injury attorney will take from your settlement.
Personal Injury lawyers in New York charge a legal fee of 1/3 (33.3333%) of the money obtained from you. Our settlement calculator has a default of 1/3 legal fee but allows you to choose 40% which is the legal fee in many other states. Personal Injury lawyers in New York are not allowed to charge a legal fee of more than 1/3 (33.3333%).
How Online Personal Injury Settlement Calculators Calculate Settlement Value
Personal injury calculators online are not realistic settlement calculators. They will give you a settlement value but they are worthless and are designed only to get your contact information to sell to personal injury lawyers.
Some personal injury settlement value calculators are used on lawyer’s websites to obtain your information for themselves.
We get emails every day from companies trying to sell us leads obtained from people using online personal injury settlement value calculators.
Personal injury settlement value calculators online ask you to fill out the following information:
- % You Were at Fault
- Medical Expenses
- Property Damage
- Lost Wages/Lost Income
- Estimated Future Medical Expenses
- Estimated Future Lost Income, and
- Multiplier for General Damages (physical pain and suffering and other damages)
Percent You Were at Fault
This question is rather useless because many of our clients thought they were at fault when we were able to prove someone else was at fault.
The total amount of your medical expenses is an amount used by inexperienced personal injury lawyers. Online settlement calculators multiply the total amount of your medical expenses by 3, 4, or 5 times to calculate your case value. But this will cheat you.
See below why using a multiplier will give you a settlement value for your case that is 10-100 times too little.
The amount of property damage is a very small amount compared you the value of your pain and suffering and is, therefore, irrelevant to determining settlement value.
Lost Earnings/Lost Income
Again, lost wages or income is usually a lot less than the value of your pain and suffering and is, therefore, irrelevant to determining settlement value.
Estimated Future Medical Expenses
There is no way you will be able to estimate the amount of your future medical expenses. We use an expert to determine that.
Estimated Future Lost Income
There is no way you will be able to estimate the amount of your future lost wages or income. We use an expert to determine that.
Multiplier for General Damage (physical pain and suffering and other damages)
Beware of the multiplier! Insurance companies use a multiple of your damages to cheat your lawyer and you.
The multiplier multiplies the “special” or economic damages by a number from 3 to 5 to come up with a settlement value. You may be asked to enter the number or you may not see it and the calculator will do it in the background.
Insurance company claim reps use a multiplier to offer you a very low settlement of pennies on the dollar. The multiplier offers “proof” of settlement value but this is bullshit. You cannot determine injury value or case value using a multiplier. If you do, you will settle for much less than your case is worth.
For instance, if your leg was amputated, your hospital expenses may be only $80,000. An online personal injury calculator using a multiplier of 5 will show your case could be worth $400,000 but an amputated leg is worth from $7,000,000 to $27,000,000.
Additionally, if your accident was somewhat recent, your medical expenses may not be very much.
Unfortunately, there is no free or paid personal injury settlement calculator available to the public online or to lawyers that will indicate either what your personal injury case is worth or the value of your injury.
Can an Online Personal Injury Settlement Calculator Tell You the Correct Settlement Value?
No. Personal Injury Settlement Calculators cannot tell you how much your case is worth. It is impossible. Not even artificial intelligence can ever decide how much a case is worth. It’s like using a calculator to compute the value of a painting.
Online personal injury settlement calculators look at only 7 or 8 points of facts but there are several hundred, maybe thousands of points of facts with a myriad of answers that must be considered to calculate the settlement value of a personal injury case. It’s just too difficult to assign a value to each one.
Besides the fact that hundreds or even thousands of facts determine the value, a personal injury settlement calculator cannot know the negotiating ability of your personal injury lawyer or the insurance company claim rep or defense attorney.
Additionally, no personal injury lawyer can estimate settlement value at the beginning of a case. Even if the lawyer knows the value of an obviously serious injury such as someone who became a quadriplegic which could be worth $50 Million or lost a leg which could be worth $12 Million, there is no way to know all of the facts of a case at the beginning of the case.
Injuries usually get worse over time increasing settlement value and many other facts must be investigated. We have had many clients who had surgery one or two years after an accident when their injury became worse which made the settlement value increase by a million dollars.
That’s why our calculator will not tell you what your personal injury case is worth or the value of your injury. Our calculator will tell you what you will get from your personal injury case assuming several facts.
Computer Software Programs That Estimate Personal Injury Settlement Value
There aren’t any sophisticated worthwhile personal injury settlement calculators available to the public. There is one called Colossus, created by Allstate, that is available only to insurance companies. There used to be another one available to anyone willing to buy it. But both Colossus and the other personal injury settlement software are worthless.
Colossus – Personal Injury Settlement Value Software Used by Insurance Companies
Allstate made the most sophisticated attempt to build a personal injury settlement value calculator called Colossus but Colossus has three problems that cheat you.
- Colossus can be manipulated.
- Colossus is designed by an insurance company to benefit insurance companies.
- Colossus is still a computer program that can’t take into account every single fact and nuance of a personal injury case.
Read what a former Allstate claims manager said about how Colossus is manipulated.
Personal Injury Settlement Value Software for Lawyers
I used to pay an expensive annual fee to use a personal injury settlement calculator that also was a sophisticated computer software program similar to Colossus.
Made for personal injury lawyers, defense lawyers, and insurance companies, the personal injury settlement software was created by a jury verdict research company but they stopped selling it years ago.
The software required entering several hundred pieces of data about a case and it would print a lengthy report showing settlement values at various times during the course of the personal injury case. The settlement value changes during the timeline of a personal injury case.
The calculator provided settlement values roughly 50% lower than my average settlement so I used the calculator to print a report to give to clients showing I was able to settle their case for much more than the computer software said the case was worth.
That calculator was also easily manipulated in a way that would increase the settlement value and insurance claim reps wouldn’t notice. I would change some of the hard-to-find data so it would print out a high settlement value that I would show to the insurance claim rep to help obtain a fair settlement. The insurance claim reps are so indoctrinated that computers must be right, that they believed the reports it made.
Why Doesn’t the Personal Injury Settlement Calculator Include Income Tax?
Personal injury settlements are rarely taxed. In most cases, personal injury settlements are not subject to income. Money paid for some items like lost income, psychological injury, and punitive damages are taxed as income.
Tax on a personal injury settlement is more often seen when a case goes to trial and is not settled because the jury will decide what the money is paid for while a settlement before trial may designate the entire amount for pain and suffering which is not taxed.
See more information about the tax implications of a personal injury settlement.
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What will happen when I call 1-800-HURT-911 or chat?
- Our call center operators and chat operators are available 24/7.
- Just give your contact info to our operator and Founding Partner Rob Plevy, Esq. will call you within 5-10 minutes for your free, no-obligation consultation during the hours of 8 am – 10 pm. After hours, Rob will call you in the morning or at the time you want.
- Then just text or call us any time you want during your case!
Because any delay could cause you to lose viable rights and benefits, please call HURT-911® Founding Partner Rob Plevy, Esq. right now for a free consultation to find out your rights days/nights/weekends.
You can speak, text, or email with us whenever you want throughout your case and afterward, days/nights/weekends, and experience our famous personal service. You’ll even get our personal phone numbers so you can call or text anytime!
Watch Founding Partner Phil Franckel, Esq. talk about New York Serious Injury Attorneys.com, difficult cases, and the 1-800-HURT-911® Dream Team™
Philip L. Franckel, Esq. is one of the HURT911® Dream Team™ Founding Partners at 1-800-HURT-911® New York; He has a 10 Avvo rating; Avvo Client’s Choice with all 5-star reviews; Avvo Top Contributor; and a former Member of the Board of Directors of the New York State Trial Lawyers Association.
Robert Plevy, Esq. is one of the HURT911® Dream Team™ Founding Partners at 1-800-HURT-911® New York. Rob began his legal career in 1993 as an Assistant Corporation Counsel defending The City of New York against personal injury lawsuits.