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More on personal injury formulas

May 20, 2015 by Jonathan Stein

Almost 10 years ago, I wrote about formulas used to settle your claim. You can read that post here. The gist of that story: there is no formula for figuring out the value of your personal injury case. 

10 years later and the website I talked about is gone but the idea is still around. A quick Google search reveals over half a million hits on this topic. 

But do you know what is still true? There is no formula to figure out the value of a case. Do you know what does work? Experience.

If you think about it, this is really no different than anything else. I can show you how to throw a football, but if you want to be good at it, go throw 10,000 footballs. I can teach you how to install a tile floor. But if you want to be really good at it, go install a whole bunch of tile floors. 

Personal injury claims are no different. If you want to be good at it, you need to do it a lot. You probably cannot do it a lot since you are not in a lot of accidents. However, an attorney who handles cases like this does it a lot. Thus, the attorney has a sense of what your case is worth.

Studies have shown that people who hire attorneys do better, overall, then people who try to resolve their claims themselves. It makes sense: hiring an expert pays off. 

If you have been injured in a car accident, call me for a free consultation. 

 

 

 

Categories: Auto Insurance, Claims, Consumer Issues, Current Affairs, Hiring an attorney, Insurance and Claims FAQ, Insurance Operations, Law, Personal Injury Tags: 21st Century, Allstate, bodily injury, bodily injury settlement, Bristol West, car accident, car accident formula, car crash, Farmers, formula, General Insurance, insurance, insurance accident, insurance company, personal injury, personal injury formula, personal injury settlement, State Farm

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