If you've suffered a personal injury and are entitled to compensation, you may be wondering how to determine what an appropriate settlement would look like. Unfortunately, there is no special formula that will determine the costs associated with your case. That said, you do have the right to be compensated for your pain and suffering and you should be able to recoup your medical bills and lost wages.
Some
people believe that insurance adjustors used to use a multiplier to figure your supposed settlement value. That involved taking the total costs of related bills and multiplying that number by three. This, they
supposedly felt, was an appropriate way to determine what your personal injury suit is worth.
Now insurance adjusters often use a complex computer program.
But remember, the adjustors work for the insurance company, which wants to pay out as little as possible. So of course they're going to make a low offer. They're also going to be prepared to negotiate. If you've never negotiated a claim like this before, you may not know how to bargain. When an attorney works to get you a settlement from an insurance company, there are offers and counteroffers. There are times when you should wait and let the other person name an amount.
Here at Peterson Law Offices, our personal injury attorneys are experts when it comes to handling claims and negotiating with insurance companies. That's why you need to bring your personal injury lawsuit to us. We can work to get you a better settlement amount than you can probably get on your own. We work hard to ensure you get proper compensation for your personal injury so that you don't have the added stress of a low personal injury settlement amount. For more information, call Todd Peterson at (503) 280-0888.
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