Determining the level of someone else’s pain and suffering is a subjective process, making it next to impossible to come up with a set amount of compensation. Insurance adjusters often use a specific formula to help them come up with what they consider a fair amount. When determining a settlement amount, insurance adjusters look at two additional factors. These include the strength of the victim’s case and their policy limits.
Strength of the case
Monetary policy limits
Once you’re aware of how insurance adjusters work, you’ll see why it’s so important to contact a personal injury lawyer in Los Angeles.