A tool designed to estimate the potential monetary value of losses sustained due to harm caused by another party’s negligence. Such instruments typically incorporate factors like medical expenses, lost wages, property damage, and pain and suffering into their algorithms. For instance, an individual involved in a motor vehicle accident may input their relevant information to receive an approximation of the sum they might be entitled to recover.
These digital resources offer a preliminary understanding of potential compensation, promoting transparency and helping individuals gauge the viability of pursuing legal action. Historically, determining the worth of a case involved lengthy negotiations and expert opinions. These tools provide an initial benchmark, allowing claimants to approach discussions with a more informed perspective and potentially expedite the resolution process.