A specialized tool exists to estimate monetary compensation for the intangible distress resulting from injuries. This distress encompasses both physical discomfort and emotional anguish, such as anxiety, depression, and loss of enjoyment of life. For instance, following a car accident causing a fractured leg and subsequent post-traumatic stress, the tool assists in quantifying the overall impact of these non-economic damages.
The significance of such estimation methods lies in their ability to provide a baseline for settlement negotiations and legal proceedings. They offer a degree of objectivity in valuing subjective experiences, aiding both claimants and defendants in understanding the potential range of financial recovery. Historically, assessing these damages relied heavily on precedent and judicial discretion, making outcomes unpredictable. These tools introduce a more structured approach, although their results remain subject to legal interpretation and specific case details.