Claim Settlement Value Estimator
ANA›Life Services Authority›National Calculator Authority›Claim Settlement Value Estimator
.calc-container { max-width: 640px; margin: 2rem 0; padding: 1.5rem; background: #fff; border: 1px solid #ddd; border-radius: 8px; box-shadow: 0 1px 3px rgba(0,0,0,0.06); font-family: system-ui, -apple-system, sans-serif; } .calc-container h3 { font-family: Georgia, serif; font-size: 1.15rem; color: #1a1a1a; margin-bottom: 1rem; padding-bottom: 0.5rem; border-bottom: 2px solid var(--ac, #3d5a80); } .calc-row { display: flex; align-items: center; gap: 0.75rem; margin-bottom: 0.75rem; flex-wrap: wrap; } .calc-row label { min-width: 160px; font-size: 0.9rem; color: #333; font-weight: 500; } .calc-row input[type="number"], .calc-row select { flex: 1; min-width: 120px; max-width: 200px; padding: 0.5rem 0.6rem; border: 1px solid #ccc; border-radius: 4px; font-size: 0.9rem; font-family: system-ui, sans-serif; color: #1a1a1a; background: #fafaf8; } .calc-row input:focus, .calc-row select:focus { outline: none; border-color: var(--ac, #3d5a80); box-shadow: 0 0 0 2px rgba(26,74,138,0.12); } .calc-row .unit { font-size: 0.82rem; color: #888; min-width: 30px; } .calc-btn { display: inline-block; margin-top: 0.5rem; padding: 0.55rem 1.5rem; background: var(--ac, #3d5a80); color: #fff; border: none; border-radius: 4px; font-size: 0.9rem; font-weight: 600; cursor: pointer; font-family: system-ui, sans-serif; } .calc-btn:hover { opacity: 0.9; } .calc-result { margin-top: 1.25rem; padding: 1rem 1.25rem; background: #f0f6fc; border-left: 3px solid var(--ac, #3d5a80); border-radius: 0 6px 6px 0; display: none; } .calc-result.visible { display: block; } .calc-result-label { font-size: 0.78rem; text-transform: uppercase; letter-spacing: 0.06em; color: #666; margin-bottom: 0.25rem; } .calc-result-value { font-size: 1.6rem; font-weight: 700; color: var(--ac, #3d5a80); } .calc-result-detail { font-size: 0.85rem; color: #555; margin-top: 0.5rem; line-height: 1.5; } .calc-note { margin-top: 1rem; font-size: 0.8rem; color: #888; font-style: italic; } .calc-grid { display: grid; grid-template-columns: 1fr 1fr; gap: 0.75rem; margin-top: 0.75rem; } .calc-grid-item { padding: 0.6rem 0.8rem; background: #f8f9fa; border-radius: 4px; border: 1px solid #eee; } .calc-grid-item .label { font-size: 0.75rem; color: #888; text-transform: uppercase; letter-spacing: 0.04em; } .calc-grid-item .value { font-size: 1.1rem; font-weight: 600; color: #1a1a1a; } @media (max-width: 720px) { .calc-row { flex-direction: column; align-items: flex-start; gap: 0.3rem; } .calc-row label { min-width: auto; } .calc-row input[type="number"], .calc-row select { max-width: 100%; width: 100%; } .calc-grid { grid-template-columns: 1fr; } } .calc-chart { margin: 1rem 0; text-align: center; } .calc-chart svg { max-width: 100%; height: auto; } .calc-chart-legend { display: flex; flex-wrap: wrap; justify-content: center; gap: 0.6rem 1.2rem; margin-top: 0.6rem; font-size: 0.8rem; color: #555; } .calc-chart-legend span { display: inline-flex; align-items: center; gap: 0.3rem; } .calc-chart-legend i { display: inline-block; width: 10px; height: 10px; border-radius: 2px; font-style: normal; } .calc-related { max-width: 640px; margin: 2rem 0 1rem; padding: 1.25rem 1.5rem; background: #f8f9fa; border: 1px solid #e8e8e8; border-radius: 8px; } .calc-related h3 { font-family: Georgia, serif; font-size: 1rem; color: #1a1a1a; margin: 0 0 0.75rem; padding-bottom: 0.4rem; border-bottom: 2px solid var(--ac, #3d5a80); } .calc-related-list { list-style: none; padding: 0; margin: 0 0 0.75rem; display: grid; grid-template-columns: 1fr 1fr; gap: 0.4rem 1.5rem; } .calc-related-list li a { font-size: 0.88rem; color: var(--ac, #3d5a80); text-decoration: none; } .calc-related-list li a:hover { text-decoration: underline; } .calc-browse-all { margin: 0.5rem 0 0; font-size: 0.9rem; font-weight: 600; } .calc-browse-all a { color: var(--ac, #3d5a80); text-decoration: none; } .calc-browse-all a:hover { text-decoration: underline; } @media (max-width: 720px) { .calc-related-list { grid-template-columns: 1fr; } }
Claim Settlement Value Estimator
Estimates the fair settlement value of an insurance claim based on medical expenses, lost wages, pain and suffering, property damage, and comparative fault percentage.
Total Medical Expenses ($)
Lost Wages ($)
Future Medical Expenses ($)
Future Lost Wages ($)
Property Damage ($)
Pain & Suffering Multiplier (1–5)
Claimant's Fault Percentage (%) (0–100)
Calculate Settlement Value
function claCalc() { var resultDiv = document.getElementById('cla_result');
var medical = parseFloat(document.getElementById('cla_medical').value); var lostWages = parseFloat(document.getElementById('cla_lost_wages').value); var futureMedical = parseFloat(document.getElementById('cla_future_medical').value); var futureWages = parseFloat(document.getElementById('cla_future_wages').value); var property = parseFloat(document.getElementById('cla_property').value); var multiplier = parseFloat(document.getElementById('cla_multiplier').value); var liability = parseFloat(document.getElementById('cla_liability').value);
// Validation if (isNaN(medical) || medical ⚠ Please enter a valid non-negative value for Medical Expenses.'; return; } if (isNaN(lostWages) || lostWages ⚠ Please enter a valid non-negative value for Lost Wages.'; return; } if (isNaN(futureMedical) || futureMedical ⚠ Please enter a valid non-negative value for Future Medical Expenses.'; return; } if (isNaN(futureWages) || futureWages ⚠ Please enter a valid non-negative value for Future Lost Wages.'; return; } if (isNaN(property) || property ⚠ Please enter a valid non-negative value for Property Damage.'; return; } if (isNaN(multiplier) || multiplier 5) { resultDiv.style.display = 'block'; resultDiv.innerHTML = '⚠ Pain & Suffering Multiplier must be between 1 and 5.'; return; } if (isNaN(liability) || liability 100) { resultDiv.style.display = 'block'; resultDiv.innerHTML = '⚠ Claimant's Fault Percentage must be between 0 and 100.'; return; }
// --- Core Formula --- // Step 1: Total Economic Damages var economicDamages = medical + lostWages + futureMedical + futureWages + property;
// Step 2: Pain & Suffering (non-economic) = (medical + futureMedical) * multiplier // Industry standard: multiplier applied to medical costs only (not wages/property) var painAndSuffering = (medical + futureMedical) * multiplier;
// Step 3: Gross Settlement Value var grossSettlement = economicDamages + painAndSuffering;
// Step 4: Apply Comparative Fault Reduction // Net Settlement = Gross Settlement * (1 - claimant_fault / 100) var faultFactor = 1 - (liability / 100); var netSettlement = grossSettlement * faultFactor;
// Typical insurer low-ball range: 60%–75% of net; fair range: 75%–100% var lowRange = netSettlement * 0.60; var highRange = netSettlement * 1.00; var fairValue = netSettlement * 0.80;
function fmt(n) { return '$' + n.toLocaleString('en-US', {minimumFractionDigits: 2, maximumFractionDigits: 2}); }
resultDiv.style.display = 'block'; resultDiv.innerHTML = '### Settlement Value Estimate ' + '' + 'Total Economic Damages' + fmt(economicDamages) + '' + 'Pain & Suffering (Non-Economic)' + fmt(painAndSuffering) + '' + 'Gross Settlement Value' + fmt(grossSettlement) + '' + 'Comparative Fault Reduction (' + liability.toFixed(1) + '%)-' + fmt(grossSettlement * (liability / 100)) + '' + 'Net Settlement Value' + fmt(netSettlement) + '' + '' + '' + 'Realistic Settlement Range' + 'Low (insurer offer): ' + fmt(lowRange) + ' | Fair Value: ' + fmt(fairValue) + ' | High (full value): ' + fmt(highRange) + '' + ''; }
#### Formula
Step 1 — Economic Damages: Economic Damages = Medical Expenses + Lost Wages + Future Medical + Future Lost Wages + Property Damage
Step 2 — Pain & Suffering (Non-Economic Damages): Pain & Suffering = (Medical Expenses + Future Medical Expenses) × Multiplier Multiplier range: 1 (minor) → 5 (catastrophic/permanent injury)
Step 3 — Gross Settlement Value: Gross Settlement = Economic Damages + Pain & Suffering
Step 4 — Comparative Fault Adjustment: Net Settlement = Gross Settlement × (1 − Claimant Fault % / 100)
Step 5 — Realistic Range: Low (insurer) = Net × 60% | Fair = Net × 80% | High = Net × 100%
#### Assumptions & References
- The multiplier method is the most widely used industry approach for calculating non-economic (pain & suffering) damages; the multiplier is applied only to medical costs, not wages or property damage.
- Multiplier values: 1–1.5 = minor/temporary injuries; 2–3 = moderate injuries with recovery; 4–5 = severe, permanent, or catastrophic injuries.
- Comparative fault (pure comparative negligence rule) reduces the claimant's recovery proportionally to their share of fault. Some states use modified comparative fault (bars recovery above 50% or 51% fault) — consult local law.
- The realistic range (60%–100% of net value) reflects that insurers typically open negotiations below full value; 80% is used as a fair mid-point estimate.
- References: Stein on Personal Injury Damages (3rd ed.); Insurance Research Council (IRC) Claim Practices Studies; RAND Institute for Civil Justice — Compensation for Accidental Injuries in the United States.
More Calculators
- Labor vs. Materials Cost Ratio Calculator
- Project Timeline & Delay Cost Calculator
- Contractor Insurance Cost Estimator
- Construction Overhead Rate Calculator
- Subcontractor Labor Cost Calculator
- Contractor Markup & Profit Margin Calculator
Read Next
Study Time Planner Authority Network America › Life Services Authority › National Calculator Authority .calc-container { max-width: 640px;...