If you have been injured in an accident, you will likely be dealing with an insurance adjuster at some point. The role of an insurance adjuster is to evaluate your claim and pay you as little as possible; this is how insurance companies profit. But how do they arrive at this value?
The severity of your injuries
The severity of your injuries is a significant factor that insurance adjusters consider when valuing your claim. If you suffered severe injuries that require extensive medical treatment and rehabilitation, your claim will likely be worth more than if you only suffered minor injuries. Insurance adjusters will consider medical records, bills, and other documentation to assess the severity of your injuries and determine the appropriate compensation.
Unfortunately, insurance adjusters do little to account for anxiety and PTSD. In order to make said claim you should consult an attorney for guidance since they habitually deny such claims.
The cost of medical treatment
Another factor that insurance adjusters consider is the cost of your medical treatment. This includes not only the cost of your initial treatment but also ongoing care such as physical therapy or rehabilitation. If your injuries require long-term or lifelong care, the cost of this care will be factored into your claim's value.
Without an attorney most adjusters will not offer much money (if any) for future medical expenses. Apex Law FORCES them to acknowledge your future medical treatments and pay you accordingly.
Lost wages and earning capacity
If your injuries have prevented you from working, you may be entitled to compensation for lost wages. Insurance adjusters will consider your salary, the length of time you have been out of work, and the expected duration of your absence when valuing your claim. Additionally, if your injuries have permanently affected your ability to work, the adjuster will factor in your loss of earning capacity.
It has been my experience that adjusters do poor calculation, if any, on future lost wages or diminished capacity/lost opportunity. This is another aspect of the claim that we feel adequately equipped to help with after an adjuster denies compensation.
Pain and suffering
Pain and suffering are non-economic damages that can be challenging to quantify. Insurance adjusters will consider the nature and extent of your pain and suffering, as well as the impact it has had on your life, when valuing your claim. This may include factors such as the duration of your pain, the extent to which it has affected your daily activities, and whether you have suffered emotional distress as a result of your injuries.
To get pain and suffering it is helpful to tell the full story of your claim. What can you no longer help your spouse with? How has your day-to-day life changed? How do you accommodate the loss in ability to perform certain tasks?
If insurance adjusters paid fair value for claims I would be out of a job. I have seen a fair initial offer in only 1 of over 150 cases that I have participated in. That stats speak to the importance of letting us help you with your case. Let us evaluate your case today for free!
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