How do I calculate a personal injury settlement?
Question Details:
I the hit the neighbor's dog on my scooter (it ran out in front of me). The insurance company is paying the medical bills and for my scooter. By the time the doctor releases me, I will have been out of commission for 6 1/2 months. I broke a hip and a month later I got a staph infection; it wound up in my foot. I was in the hospital for 5 days and had surgery on foot to remove infection from the bone. I am 58 years old and retired.
Generally speaking, insurance companies will value your case at 2 to 3 times actual medical bills + any proveable lost wages, but it depends on whether they believe liability is absolute or they believe you failed to keep a proper lookout and should share the blame.