Many settlement calculators online were created by insurance companies. They're part of a campaign to decrease the amount of money they pay for injury claims.

Settlement Calculators for Car Accidents & Other Personal Injury Claims | Washington Personal Injury Attorney


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4/29/2011
Kasia Kim
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Looking for a Settlement Calculator?

There are a number of settlement calculators on the internet. People often go looking for these settlement calculators and settlement formulas after they have been injured in an accident and are trying to determine how much money to request from the insurance company or to find out if the insurance company has made a fair offer in their case.

How Settlement Calculators are created?

Many, if not most settlement calculators on the internet were created by insurance companies. They are part of a campaign that is designed to lower your expectations and decrease the amount of money they pay for insurance settlements.

The Truth About Settlement Calculators

There is no formula for determining the value of a car accident or personal injury claim. The circumstances of every accident are different. Injuries are different for every person. The impact injuries have on one's life is different from person to person. The amount of time that it takes to recover from an injury is different for everyone. And pain and suffering is different for each person. How do you put a value on a life? You can't. Are you average? No. Are you just like everyone else? No. Then don't be tricked into a formula that doesn't really estimate the impact that your accident had on your life.

Most Common Settlement Formulas you may find

3 x Medical Costs + Lost Income = Fair Settlement Value
(Medical Costs + Lost Income) x 2 = Fair Settlement Value

Don't don't be tricked by the insurance adjustors into believeing these simple formulas. There is absolutely nothing simple about determining a fair settlement value in personal injury claims. If you have been injured in an accident you would be well advised to seek the help of a qualified personal injury attorney to help you. Only an experienced personal injury attorney, someone who has settled thousands of cases, has the skill and experience necessary to help you determine the fair value of an injury claim.

The
Andrew Kim Law Firm represents those injuried in car accidents, slip and falls, dog bites and other accidents causing injury. Call our office at (253) 682-2000 in the Tacoma area, (425) 289-1990 in Bellevue and surrounding areas or toll free at (800) 636-3676 for your free consultation.



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Bellevue
11900 NE 1st Street
Suite 300
Bellevue, WA 98005
Phone: (425) 289-1990
Fax: (425) 289-1991
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Tacoma
1201 Pacific Avenue
Suite 600
Tacoma, WA 98402
Phone: (253) 682-2000
By Appointment Only
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Offices

Bellevue
11900 NE 1st Street
Suite 300
Bellevue, WA 98005
Phone: (425) 289-1990
Fax: (425) 289-1991

Tacoma
1201 Pacific Avenue
Suite 600
Tacoma, WA 98402
Phone: (253) 682-2000

By Appointment Only

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