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Sometimes, an insurance adjuster tells a given claimant that his or her claim cannot be covered under the designated insurance policy. In the case of a 1st party claim, a customer of the insurance company that had employed the adjuster would have purchased the policy in question.
The provider of funds for an accident victim’s medical expenses, during that same person’s recovery, has a claim to money from the any negotiated settlement. How are such claims handled?
Adjusters use that phrase if a claimant’s vehicle is almost a total loss, due to the extent of its damages. An adjuster sends a specific message, when using that phrase. The adjuster’s statement indicates that the cost for repairs could exceed the vehicle’s actual cash value.
The discovery process takes place during the time period that precedes the holding of a trial. At any point during that process, the 2 disputing parties could choose to pursue a settlement.
When a personal injury case concerns the events surrounding a car accident, 3 factors get considered, in addition to any evidence of negligence.
Negligence is defined as careless and negligent behavior, actions that cause harm to another person.
After a doctor has examined the victim of an accident, and has recorded the nature of that same victim’s injury, it then becomes possible to assess the value of any considered claim. Whenever a victim’s injuries appear quite serious, any associated claim possesses a heightened value.
After someone has filed a personal injury claim with an insurance company, the one that sold a policy to the allegedly responsible individual, the insurer at the same company assigns the new case to one of the company’s adjusters. Once an adjuster has been told to work on a given claim, he or she faces […]
According to the law, anyone that has been injured in an accident has the right to seek compensation from the person that was alleged to have caused the same accident. Injured victims can take advantage of that opportunity by filing a personal injury claim.
Anyone that has been injured in an accident has the right to seek compensation. In other words, the claimant hopes to receive a fair compensation. On the other hand, the insurance company hopes to be making the smallest possible payout. That combination of factors shapes the size of the eventual settlement.
