Legal Question in Insurance Law in Texas
claim for auto crash injuries
How to figure what is fair and reasonable for soft tissue injury pain and suffering due to auto accident. Ages in early seventies.
Asked on 1/12/07, 4:35 pm
1 Answer from Attorneys
Re: claim for auto crash injuries
There is no magic formula to determine how much a case is worth. Some companies use "Colossus" software to assist them in the claims determination process. There are several things that insurance companies use to determine the value of a claim. For example, an insurance company may look at the property damage and the culpability of the claimant. There are many other factors to consider, but it's really more art than science.
Answered on 1/14/07, 2:05 pm
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