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Is the settlement offer from the insurance company fair?
Below are some initial questions many clients have when they first contact Injured Workers’ Law Firm. The questions below may address many initial concerns you may have. If you don’t find the answers here, you should contact us for answers to questions specific to your case. The consultation is free.
Q: Is the settlement offer from the insurance company fair?
A: The reason I have a job along with numerous other workers compensation attorney’s is that the answer to this question is usually no. Most insurance adjustors are highly trained adversaries, although most people would never think this, at least not in the beginning of the claims process.
There is no magic formula or process by which an attorney can predict with certainty the amount of money a person is entitled to receive. The real answer is “it depends.” There are many factors to consider and each case is so different, there really is not a magic formula to arrive at an exact value. One size does not fit all. However, our firm will usually have a pretty good idea of a reasonable settlement range after your medical condition has stabilized. We rely on such factors as the extent and permanency of your injuries, if the insurance company has accepted your claim, the cost of future medical treatment, whether you will be able to return to your pre injury job, and my experience working with hundreds of work injury cases. I have written an entire report on how to determine the value of a claim. How To Determine The Value Of A Virginia Workers Compensation Case. [PDF]
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