How to Determine Compensation for Injury in a Car Insurance Claim
Determining compensation for injury in a car accident claim involves looking at your claim from an insurance company's perspective. Insurance companies may use a number of factors and calculations in setting the amount of compensation, although there are some guidelines that people can use to understand the criteria of insurers.
The first thing that insurance companies look at is the type and amount of damage, and the second thing they look at is percentage of fault. Insurance companies most often pay for damages like medical expenses related to the accident and required for recovery, such as physical therapy. Making an accurate estimate of how much your medical treatment will cost is a good place to start as a benchmark for determining total damage awards.
Estimated future medical expenses can also be recovered if you can prove that you will need ongoing medical care related to the injury. Other recoverable damages include pain and suffering, mental anguish, lost wages and loss of earning capacity.