What does an insurance company consider when making a settlement offer?
- November 20, 2017
An insurance company considers two main things when making a settlement offer. One of those factors is liability. The other factor is the person’s medical situation. One person with a broken leg may be very different than another person with a broken leg. For instance, the broken leg on a basketball player is a lot different than the broken leg on a secretary. Generally speaking, the livelihood of a construction worker or a commercial driver very much depends on leg use, whereas a secretary’s livelihood is less dependent on this body part. The insurance company will take all of these things into consideration when determining what they’re going to pay.
For legal advice on settlement offers in your specific situation, call the Dutchess County, NY personal injury attorneys at Stenger, Glass, Hagstrom, Lindars & Iuele LLP today. We have two convenient Dutchess County, NY office locations in Poughkeepsie, NY and Wappingers Falls, NY.
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