The multiplier method adds up all the costs incurred, such as medical bills, lost wages, etc. The law provides no guidelines on how to calculate those amounts. However, several elements often come into play when determining the amount granted for pain and suffering. Typical compensation for pain and suffering varies greatly depending on the type of accident and injury. In general, the more serious the injury, the greater the compensation.
Some cases may receive a few thousand dollars in compensation for pain and suffering, while others may receive hundreds of thousands or more. It's difficult to establish what the average settlement for pain and suffering is, but an experienced attorney will be able to give you an idea of the amount of compensation you may be entitled to based on the specific characteristics of your accident. In North Carolina, there is no fixed formula for evaluating physical pain and mental suffering, regardless of whether you are negotiating with an insurance adjuster or in court. The best way to know what type of compensation you can receive is to contact an experienced pain and suffering attorney as soon as possible after an accident.