5 Biggest Factors Used By the Insurance Companies to Value your Injury Claim
Attorney Tyson Mutrux describes in this video what are the 5 Biggest factors used by the insurance companies to value your injury claim.
Hi, Tyson Mutrux at the Mutrux Law Firm. Today what I want to do is I’m going to talk about the five biggest factors used by the insurance companies in their algorithm to value your injury claim.
Number one is the diagnosis. What have you been diagnosed with? What are your diagnosis codes? Those are plugged into the system.
Number two is any permanent impairment. Have you lost any use of a limb? Can you not bend your back like you used to? Those are plugged in the system.
Number three actually duties under duress, and all that means is how the injuries affected your daily activities around the house or at work.
Number four, and similar to that is, loss of enjoyment of lifetime activities. Unless you can’t play basketball anymore and you used to play basketball, that’s factored in.
And the fifth and final one is long term prognosis. What’s your long term treatment going to be? What are those bills going to be? Those are all factored in. So those are the five biggest factors used by the insurance companies in their algorithms to value your injury claim.
If you have any questions about that, give us a call (888) 550-4026 or check us out at MutruxLaw.com. Thanks for watching. Have a great day.