Part of our weekly series of case studies of recent car accident settlements. These case studies should help you determine the market value of your personal injury insurance claim. The finer details have been kept out to protect the identity of the individual, but the overall details are accurate and true.
Case Study
Gender: Male
Age: 20’s
Type of accident: Rear-ended by the at-fault driver during rush hour traffic.
At-fault insurance company: Farmers
Type of medical care: Single provider Chiropractic treatment
Length of treatment: 6 months total.
Settlement amount: His total money offer (medical bills and pain and suffering) was 1.58 times the total medical bills.
Example: $6,000 in medical bills times 1.58 equals a $9,480 total money settlement from Farmers.
Things to note: When a chiropractor treats you for a long period of time, you will not get any additional value on your injury claim for pain and suffering. In the above example, the pain and suffering was $3,480. He likely would have received a similar amount by only seeing the chiropractor for 3-4 months (this is the length of chiropractic treatment that is often considered reasonable by insurance companies) instead of 6 months. Because he treated longer than what is considered reasonable, the only person making more money on the claim is the chiropractor.
