What can we conclude by these insurance company decisions?

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Latest post Wed, Apr 12 2017 4:45 PM by DanWard. 110 replies.
  • Mon, Mar 20 2017 8:32 PM In reply to

    • DOCAR
      Lawyer
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    • NV
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    Re: What can we conclude by these insurance company decision...

    Since you will not consider my response as valid, I am through.  but I will repeat myself, stop making this more complicated than it is.

  • Mon, Apr 3 2017 5:44 PM In reply to

    • DanWard
      Consumer
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    • Joined on Mon, Apr 13 2015
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    Re: What can we conclude by these insurance company decision...

    I did not consider it invalid. But there are legal firms online with articles and some agree with your comment and some do not.

    ---------------------

    Does the attorney first ask for re-inbursement for medical expenses and prescription medications up to the last date of treatment.

    Receive a check for that and then communicate further on the rest?

    The rest would include pain and suffering, estimation of future medical cost, etc.

    I thought a demand letter would request a number and that number would include everything. (?)

    Thanks.

     

  • Mon, Apr 3 2017 8:40 PM In reply to

    Re: What can we conclude by these insurance company decision...

    DanWard:
    It was my understanding that pain and suffering was calculated by some method and would be a separate calculation as implied above.

    There is no hard and fast rule for how pain and suffering is computed. The common practice will vary by state and even by localities within the state, and will also vary by the type of injury, etc. Each case is different. But what we keep telling you is to focus on the TOTAL amount of the offer rather than trying to go through all kinds of financial what-ifs trying to figure out what each component of the offer might be. Your lawyer can best tell you what you might get in your case if you took to trial. That is the baseline you use to compare any settlement offer, taking into account that trials always present a risk that you could lose or get a judgment significantly less than you anticipated. You really are making this harder and more complicated than it should be. 

  • Tue, Apr 11 2017 3:44 PM In reply to

    • DanWard
      Consumer
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    Re: What can we conclude by these insurance company decision...

    How does an impairment of 3% affect anything.

  • Wed, Apr 12 2017 4:03 PM In reply to

    • DOCAR
      Lawyer
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    • Joined on Sat, Dec 9 2000
    • NV
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    Re: What can we conclude by these insurance company decision...

    It will be a very minor factor in determining your overall damages.

  • Wed, Apr 12 2017 4:45 PM In reply to

    • DanWard
      Consumer
    • Top 500 Contributor
    • Joined on Mon, Apr 13 2015
    • SC
    • Posts 106

    Re: What can we conclude by these insurance company decision...

    A rating is expected so the 3 was hypothetical so maybe such a rating is just one negotiating tool.

    ------------------------- 

    We can hope that questions, comments, and answers (to and from us) can be of some value to other people in the future. 

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