How does an insurance company decide how much they will pay to compensate someone for an injury?

Posted By on December 27, 2016

In this video, Alan Sackrin answers a question that he has been asked many times before by clients and visitors to this site. If you have questions after watching the video, Alan is available to talk with you now and answer your questions free of charge:

Q: How does an insurance company decide how much they will pay to compensate someone for an injury?

A: Insurance companies will look at the liability or the fault aspect of the case as well as the damages and will analyze whether it believes it’s insured, is it fault in the case or partly at fault in the case, and it will also look at the nature and extent of the damages. Insurance companies are highly skilled in evaluating cases given the fact that they have had thousands and millions of such cases. They generally categorize such cases depending upon the injuries you sustained and they offer an amount based upon what they’ve offered in the past and what they’ve seen juries give when cases go all the way through a jury.  Again, they will analyze the issue of fault or liability, and they will analyze the nature and extent of the injuries including any future damages and future medical treatment that’s going to be needed.

Related:

_______________

Do you have questions or comments? Then please feel free to send Alan an email or call him now at (954) 458-8655.

 

 

If you found this information helpful, please share this article and bookmark it for your future reference.

Comments

Leave a Reply

Please note: Comment moderation is currently enabled so there will be a delay between when you post your comment and when it shows up. Patience is a virtue; there is no need to re-submit your comment.