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1.
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What is PI Reports?
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2.
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Who can benefit from a personal injury report from PI Reports?
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3.
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Why should I use PI Reports to estimate economic damages?
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4.
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What elements of economic loss are measured in a PI Reports report?
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5.
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What information does an Earnings Estimator (EE) report contain?
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6.
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What information does a Present Value Calculation (PVC) contain?
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7.
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Can a PI Reports report be used to estimate economic
damages for a minor child or young person with no earnings history?
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8.
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Is a personal injury report from PI Reports objective?
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9.
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What if the case does not settle and I need an economist to testify?
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10.
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How long does it take to receive a PI Reports personal injury report?
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11.
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How much does it cost for an Earnings Estimator report or a Present Value Calculation?
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12.
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How do I pay for my personal injury report?
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1.
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What is PI Reports?
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PI Reports is an interactive website that provides instantaneous present value, economic
damage reports for personal injury. PI Reports provides users the ability to generate comprehensive client specific economic damage reports in minutes at a
competitive price. 
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2.
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Who can benefit from a personal injury report from PI Reports?
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Lawyers and claims personnel involved with personal injury claims can benefit from PI Reports
Reports. A personal injury report from PI Reports can be used by lawyers and claims personnel
needing an estimate of economic damages for settlement purposes.
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3.
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Why should I use PI Reports to estimate economic damages?
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Lawyers and claims personnel use PI Reports for the following reasons:
- A personal injury report, from PI Reports, is cost effective
- An economic damage report can be generated instantaneously
- A PI Reports personal injury report is an unbiased estimate of economic damages based on generally applied forensic economic methodology and recognized data sources
- Since PI Reports is cost effective, fast, and unbiased, it enables lawyers and claims personnel to effectively
serve their clients
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4.
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What elements of economic loss are measured in a PI Reports report? |
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A PI Reports report will provide present value estimates of the following three components of economic loss:
- earnings or earning capacity
- household/medical expenses
These are the most common elements of economic loss in personal
injury cases.
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5.
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What information does an Earnings Estimator (EE) report contain?
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An Earnings Estimator (EE) consists of four parts. There is a covering letter, summary
page followed by a 1 page numerical summary of annual and present value amounts. Then, there
are supporting computer tables.
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6.
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What information does a Present Value Calculation (PVC) contain?
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The Present Value Calculation (PVC) contains a report outlining the inputted number and the present value chart.
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7.
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Can a PI Reports report be used to estimate economic damages for a minor child or young person with no earnings history?
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Yes. PI Reports allows users to choose earnings scenarios based on expected levels education and specific occupations. In instances where a plaintiff does not have an earnings history, education earnings are often used to compute an
estimate of economic damages.
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8.
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Is a PI Reports report objective?
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Yes. A PI Reports report is objective since it is prepared in accordance with generally applied forensic economics methodology. The underlying
federal government data sources are identified and the methodology explained. The results can
be readily replicated.
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9.
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What if the case does not settle and I need an economist to testify?
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Although a PI Reports personal injury report provides objective estimates of economic damages, a lawyer would hire a business valuator to testify at trial. A business valuator can explain how the economic damages were calculated and answer any questions opposing counsel may have.
PI Reports has a professional resource in place to aid in the retention of a business valuator for testimony. For more information, please contact gord@forecs.com or visit www.forecs.com. As well, the amount spent on the PiReport.ca report will be deduct from the cost of the formal report by Forecs Inc.
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10.
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How long does it take to receive a PI Reports personal injury report?
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Upon entry of the required data, a report, that can be viewed and printed, will be immediately available.
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11.
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How much does it cost for an Earnings Estimator report or a Present Value Calculation?
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The Earnings Estimator allows you to calculate and print up to 5 earnings selections, as well as 2 household/medical expense selections can be calculated and printed.
The cost is $250.00 CDN plus tax for up to 7 possible selections. See pricing chart for Pre-purchase bulk discounts.
The Present Value Calculator is allows for up to 5 possible selections where the discount rate, age, and amount can all be changed.
The cost is $100.00 CDN plus tax for up to 5 possible calculations. See pricing chart for Pre-purchase bulk discounts.
It should be noted that not all calculations have to be completed at one session. If this approach is followed, there is no further cost for subsequent calculations up to the maximum number of selections.
Your credit card will be charged upon the printing of the first selection within each client.
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12.
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How do I pay for my personal injury report?
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Payment for personal injury reports received from PI Reports is made through a secure page on the InternetSecure website.
PI Reports currently accepts VISA, MasterCard and American Express from the InternetSecure website.
Your credit card will be charged upon the printing of the first personal injury report.
A receipt will be issued.
No refund is available given the receipt of the printed report.
For more information on making credit card payments from PI Reports, view our Security Policy
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