A tool designed to estimate the potential monetary value of a claim resulting from physical harm sustained in a vehicular accident. It generally considers factors such as medical expenses, lost wages, property damage, and pain and suffering. As an example, a tool might calculate a range of compensation based on the severity of the injuries, the extent of medical treatment required, and the impact on the injured party’s ability to work.
These resources offer a preliminary assessment of claim value, assisting individuals in understanding the potential financial implications of their injuries. Historically, determining the worth of such claims relied heavily on legal expertise and negotiation with insurance companies. The advent of these tools provides a more accessible starting point for those seeking compensation, empowering them with information during the claims process. This can streamline negotiations and aid in making informed decisions regarding settlements.