Insurance settlement amounts in most personal injury cases are sometimes based on jury verdicts that were obtained in similar cases in other jurisdictions throughout the country. Insurance companies and attorneys monitor verdicts in their area and generally base settlements on the likelihood of that particular case receiving a similar verdict if it goes to trial. As such, the value of a personal injury claim in Nevada may be different from the settlement value of the same claim in another state.
A number of other factors can also have an effect on settlement values. Comparative fault, the severity of the injuries sustained, past and future medical costs, past and future wage loss, what kind of witness the person will make at trial, as well as pain and suffering, loss of consortium, and loss of the quality and enjoyment of life, play an integral role in the settlement process. Many insurance companies attempt to settle personal injury claims before the injured party has been able to consult with an attorney. This is for their benefit – not yours.
If you have a potential injury claim you would like to discuss with us, we’re a phone call, or click of the mouse away. The consultation is also free. Just dial (702) 734-3936. If you’re outside Nevada, call us at (888) 734-6789.