Most of the time, personal injury cases cause a lot of pain and suffering. Whether it is from a car accident, slip and fall, or a defective product, what unites these incidents is that they usually happen because one party was responsible and negligent, meaning that if that party was responsible, the incident would not have happened. When you have filed your personal injury claim, the insurance company will go through all medical records and even billing to calculate a settlement amount for you.
If you have been injured and want to make sure you are getting the fair compensation you deserve, contact Larry D. Ashlock, he is well-versed in personal injury claims and will fight for everything to get the settlement you deserve.
What do Insurance Companies take into account?
When calculating settlements, adjusters have many categories they look at to determine the costs of an injury. They may even consider your life at work, your belongings, everyday life, and treatment. The things they investigate the most are: Medical Expenses, Lost Wages, Loss of Earnings, Property Damage, and Pain and Suffering. These are the most common factors deciding your settlement amount.
Well, how are they calculated?