Introduction:
Understanding how insurance companies value personal injury cases is essential for victims seeking fair compensation in Columbus, Georgia and ease Alabama. Insurance adjusters employ various methods to assess the value of a claim, which often differ significantly from how a trial lawyer evaluates a case. In this blog post, we will explore the factors insurance companies consider when valuing a personal injury case and compare it to the approach taken by trial lawyers in Columbus, Georgia.
1: Insurance Company Valuation Methods
Insurance companies typically rely on a combination of factors to determine the value of a personal injury case. They consider the severity of the injuries sustained, the extent of medical treatment required, and the duration of the recovery process. Additionally, they assess the impact of the injuries on the victim’s daily life and ability to work. Insurance adjusters often refer to medical records, bills, and reports to evaluate the economic damages. They may also EMPHASIZE any pre-existing conditions that could affect the outcome of the case. In truth, preexisting conditions must be disclosed but the fact that a doctor or therapist had already treated the area of the body does not prohibit recovery for aggravation of the condition – or new injuries to the same area.
2: See What Gary Bruce Says About the Topic on Legal Break
Gary Bruce, a local personal injury attorney in Columbus, Georgia, discusses the process of valuing personal injury cases in a recent episode of Legal Break on WTVM’s local news show. According to Gary Bruce, insurance companies tend to undervalue claims and may use tactics to minimize the compensation offered. He emphasizes the importance of consulting an experienced local trial lawyer who can assess the true value of your case and negotiate with insurance companies on your behalf. Gary Bruce’s insights shed light on the potential challenges victims may face when dealing with insurance companies. This link will take you to the video: https://www.garybrucelaw.com/video/wtvm-legal-break-personal-injury-case-value/
3: Trial Lawyer Valuation Methods
Trial lawyers take a different approach when valuing a personal injury case. They consider not only the economic damages but also the non-economic damages, such as pain and suffering, emotional distress, and loss of enjoyment of life. Trial lawyers understand the long-term consequences of the injuries and their impact on the victim’s quality of life. They gather comprehensive evidence, including expert testimonies, to establish the full extent of the damages suffered. This approach ensures that victims are adequately compensated for both their economic and non-economic losses.
4: Contrasting Insurance Company and Trial Lawyer Methods
While insurance companies focus primarily on economic damages, trial lawyers take a bigger view approach. Insurance companies often undervalue pain and suffering, emotional distress, and other non-economic damages. Trial lawyers, on the other hand, understand the profound impact these losses can have on the victim’s life and fight to secure fair compensation. By considering the broader scope of damages, trial lawyers strive to ensure that victims receive the financial support they need to rebuild their lives after an accident.
Conclusion:
Understanding how insurance companies value personal injury cases is crucial for victims seeking fair compensation in Columbus, Georgia. While insurance adjusters mainly focus on economic damages, trial lawyers consider the full extent of the damages suffered. If you have further questions or need to know your options regarding a personal injury case, we recommend contacting one of our lawyers at The Law Offices of Gary Bruce at 706.576.4279. An experienced trial lawyer can assess the true value of your case, advocate for your rights, and help you navigate the complexities of dealing with insurance companies. Don’t settle for less than you deserve—reach out to a skilled attorney to protect your interests and seek the compensation you need for your recovery.