19 Oct, 2021

How do auto insurance companies determine settlement amounts?

Author Todd A. Strong
Category
Table of Contents

    Insurance companies determine settlement amounts by examining many factors. Insurance carriers examine the liability or responsibility of the at-fault party, otherwise referred to as the insured. The insurance carriers also examine the medical expenses incurred and lost wages incurred. However, insurance carriers also use negative factors, such as past claims, pre-existing conditions, criminal background checks, background investigations, and accident scene pictures or photographs which minimize the force of impact. Obtaining an attorney for an insurance claim will oftentimes render a larger settlement.

    About The Author

    author-bio-image
    Personal Injury Lawyer Todd A. Strong Illinois workers’ compensation and personal injury lawyer Todd A. Strong is the founder of Strong Law Offices in Peoria, Illinois. Todd brings considerable legal knowledge, experience, and skill to the table to ensure injured victims throughout the state are treated with respect, dignity, and fairness.
    Years of Experience: More than 20 years
    Illinois Registration Status: Active
    Bar & Court Admissions: Illinois State, 1994
    U.S. District Court, Central District of Illinois, 1994
    U.S. District Court, Northern District of Illinois, 2022
    U.S. District Court, Southern District of Illinois, 2023
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    About The Author

    author-bio-image
    Personal Injury Lawyer Todd A. Strong Illinois workers’ compensation and personal injury lawyer Todd A. Strong is the founder of Strong Law Offices in Peoria, Illinois. Todd brings considerable legal knowledge, experience, and skill to the table to ensure injured victims throughout the state are treated with respect, dignity, and fairness.
    Years of Experience: More than 20 years
    Illinois Registration Status: Active
    Bar & Court Admissions: Illinois State, 1994
    U.S. District Court, Central District of Illinois, 1994
    U.S. District Court, Northern District of Illinois, 2022
    U.S. District Court, Southern District of Illinois, 2023