Auto Insurance Claims: personal injury settlement claims in tx, personal injury settlement, better business bureau


Question
i am being asked to settle with with the insurance company for $15000 and have medical bills of around $7000 and am being told by my chiropractor that i will need to keep coming in for at least one more year.  i want to know what cases have settled for in the past so i have some sort of ballpark figure as to what a fair and equitable settlement number would be

Answer
Hi Mike,

Generally, personal injury claims will settle for 3 to 10 time the medical bills. This is a wide range and is very subjective. It does depend on the extent of the injuries, whether there is any permanant injury, and the prognosis for a full recovery.

The is a website that you can go to that will help you determine the value of your injury claim and it's free.  It is produced by the Better Business Bureau Video Series.

Go to http://collisionwizard.bbbvideo.com/claimWorth.php


I hope this helps
Richard Hixenbaugh