Is There a Magic Formula Used in Virginia Auto Accident Settlements? Find Out Here.

A lot of people I talk with share the same common misconceptions regarding Virginia car accidents, including that there is a formula used to determine settlements.  The truth is there is no magic formula when it comes to calculating insurance settlements, as each case is unique.

If you were hurt in an auto accident, your case will be different than “the other guy.” The way the accident impacted your life, the amount of medical bills you have incurred and even the time you have had to take away from work will all be considered when determining the value of your claim. 

While the insurance company isn’t going to be using a one-size-fits-all formula to settle your claim, the insurance adjuster will have a settlement range that he or she will work within.  As you can imagine, the adjuster will start at the low end of the scale. 

When serious injuries are involved, it is generally a good idea to work with a Virginia car accident lawyer. An attorney will be able to negotiate with the insurance company on your behalf and take your case to trial, if necessary.

For information regarding what mistakes you need to avoid following an accident, order a copy of my book, Five Deadly Sins That Can Wreck Your Injury Claim. This book is free to Virginia residents and it is one book that the insurance company won’t want you to read.