The most common approach is to add up the medical bills related to the accident and multiply them by a number between 1.5 on the low end and 4 or 5 on the high end. But not with a high degree of accuracy. Traditionally, per diem and multiplier methods are used to calculate pain and suffering. While there are many free online calculators that claim to be accurate, the truth is that calculating compensation for pain and suffering isn't an exact science.
No two cases are the same. However, an attorney will be able to estimate the maximum compensation for their client and fight for it based on their previous experience in pain and suffering cases. The most common way insurance adjusters measure pain and suffering damages is to use the multiplier method. They take the total economic damages (usually medical expenses and lost income) and multiply it by a number that is usually between one and five. The number used depends on the severity of your injuries.
Calculation of pain and suffering, the daily method for calculating pain and suffering. Damages from pain and suffering are calculated using the diet method, which assigns a daily recovery rate, or the multiplier method, which multiplies total economic damages by a factor that reflects the severity of the injury. These methods provide a structured approach to evaluating non-economic losses.