In cases where the liability is clear, insurance companies recognize that people who are injured deserve compensation. However, the insurance company will most likely make a “lowball” offer at first. With the help of an experienced attorney, this amount can be negotiated to be a reasonable settlement.
Factors Considered By Insurance Company For Pain And Suffering Compensation
Insurance companies consider factors when calculating how much to offer for settlement of a pain and suffering claim. The factors include: the severity of the injuries; the pain associated with the specific type of injury; the impact on the victim’s life, job, and family; the necessary medical treatment; the length of time required for the injury to heal; and any future care, treatment, therapy, medications, or surgeries.
Each Case Is Different For Pain And Suffering Damages
In practice, the factors considered by the insurance company are very subjective to each client. Each case is different. For more information, please see How Can I Prove Pain And Suffering?
