Quote:
Originally Posted by Steve W
In California, my doctor and lawyer friends that deal with many of these types of cases day in an out for the past 10 years, tell me the typical max compensation excluding the damage to the vehicle is 3x the amount of damage to the vehicle. This rule is applied to almost all cases. In other words, you can't get $2k of damage to your bumper skin and get $90k for 'medical and pain and suffering'.
|
Hmmm...that's interesting. Most jurisdiction that deviate from using actual out of pocket expenses (medicals, lost wages, property damage) with a multiplier to calculate P&S, exclude the property damage as not indicative of level of pain and suffering. E.g., suppose I total a KIA that's worth $2K versus a Carrera GT worth $400K...if the drivers had the EXACT same physical injuries, would P&S be worth only $6K to the KIA owner and $1.2M to the GT owner?
Medical expenses do seem to be more indicative of the level of personal injuries.
LOL...maybe the mental anguish of totalling the GT IS worth more.