August 30, 2016
If you have ever been injured and tried to recover from an insurance company, then you know how stressful it can be dealing with the adjuster. The negotiation process for a settlement can leave a victim wondering how the insurance adjuster evaluates a bodily injury claim. The fact is many of the major insurance companies purchase a tool to assist the adjusters in the valuation of a claim. The most popular type of software used by the majority of the insurance industry is Colossus.
Colossus assists in the evaluation of bodily injury claims. Colossus was invented to ensure consistency in how all claims are analyzed. The program analyzes numerous factors but the most critical elements are the (1) jurisdiction where the suit is brought, (2) the extent of bodily injuries supported by medical records, and (3) whether or not you have a lawyer.
An injured plaintiff can’t do much about the jurisdiction where the accident occurred, but they can help their settlement through medical records.
It is important to tell treating physicians all of your symptoms upon arrival at a hospital. Adjusters do not input injuries or treatment related to injuries unless it is recorded within medical records. If it is not in the medical records, it didn’t happen!
Give the physician a detailed description of how you were injured. Little things like wearing a seat belt or the direction you are looking can drive up the value of settlement.
Retaining an attorney is another way to influence the value your claim. As Colossus has become more prevalent, attorneys have had to adapt in the way they pursue claims. At the King Law offices, we know how to push a claim forward. Our attorneys know the insurance gambit and will not let you get anything less than you deserve. Our attorneys will also fight for damages that Colossus does not take into account when it values a claim. These factors include loss of consortium, pain and suffering, emotional distress, and loss of enjoyment of life.
Don’t get defeated by the software. If you or someone you know has been injured in an automobile accident, let the King Law Offices conduct your negotiations with the insurance adjusters. The King Law Offices are equipped to handle negotiations, construct demands, and if need be, go to trial in order to ensure that the client gets what they deserve.