If someone injures you in Florida, whether it be a car accident or a slip and fall accident, you should be entitled to compensation for your losses. This includes non-economic losses, such as pain and suffering. Unfortunately, it can be hard to determine exactly how much your physical pain is worth in monetary terms.
Diaco Law has a long and successful history of helping clients demonstrate the extent of their pain so they can be fully compensated for the substantial damage they have endured. You can give us a call or contact us online today to learn how our attorneys can help you maximize your compensation for your discomfort.
You can also read on to learn about the typical methods used to calculate pain and suffering in Florida.
What are the Methods of Calculating Pain and Suffering in Florida?
Florida does not have an official law that determines how pain and suffering is calculated, and there’s not one standard or accepted method of doing this calculation. However, many insurance companies have devised systems for estimating what your pain is worth.
Two of the most common methods of calculating pain and suffering include:
- The multiplier method: This method involves multiplying the actual economic damages you have experienced due to your injuries by a specific multiplier depending on the severity of your injuries. For example, if you suffered $200,000 in economic damages, including medical bills and missed income, you’d multiply that amount by the pain multiplier, which is usually a number between 1.5 and 5. If your injuries were very severe, you might multiply it by 5 to get $1M in pain and suffering compensation.
- The per diem method: This involves determining the number of days of pain your injuries have or will cause, and paying you a daily rate for the discomfort. It may be your standard daily wage, or a reasonable sum such as $100 or $200.
Both of these methods provide a method of calculating something that’s difficult or impossible to accurately put a price on. While insurers may try to propose using these methods when making a settlement offer, you don’t necessarily have to accept their calculations.
You should work with your attorney to determine what your case is likely to be worth given the severity of your injuries, the extent of the pain they cause, and the duration of the time they will last. It is up to you and your lawyer how much you believe your case is worth.
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How is Pain and Suffering Calculated in Florida?
Diaco Law helps injured victims understand and fight for full compensation.
How Can a Florida Personal Injury Attorney Help?
At Diaco Law, we have helped many clients to maximize the compensation they receive for pain caused by their injuries. Our firm can:
- Help you estimate the value of your pain and suffering using accepted methods of calculation, as well as past case results
- Assist you in proving the extent of your pain and suffering to maximize the compensation that you are able to collect from those who harmed you.
- Negotiate with the insurer to try to reach an appropriate settlement that covers your pain and suffering costs.
- Go to court if the insurer of those who harmed you does not make a settlement offer that fully and completely compensates you for pain and suffering.
Diaco Law has recovered millions in compensation for pain and suffering. We are ready to fight hard for our clients to ensure they are made whole for these devastating damages.
Contact a Tampa Personal Injury Lawyer Today for Help with your Pain and Suffering Claim
Don’t try to handle your injury claim alone. Focus on recovering from your injuries, and let Diaco Law focus on recovering the money you need to compensate you for the pain you endured. Give us a call at (813) 221-7978 or contact us online today to learn more.