A device designed to estimate the non-economic damages stemming from bodily and emotional misery following a vehicular collision quantifies subjective experiences. For instance, take into account a person who sustains a whiplash harm and experiences nervousness about driving after a automotive accident. This device makes an attempt to translate these intangible losses right into a financial worth.
These estimations play an important position in insurance coverage declare negotiations and authorized proceedings, offering a baseline determine for settlement discussions. Traditionally, the dedication of compensation for these kind of damages relied closely on subjective assessments. These devices provide a extra structured and ostensibly goal place to begin.