Secure Maximum Value With Expert Settlement Valuation Insights
Real-World Applications and Examples
In personal injury cases, for example, a thorough valuation might consider not just immediate medical expenses but also long-term rehabilitation costs, loss of earning capacity, and emotional distress. According to the Insurance Information Institute, the average cost of a bodily injury claim in 2019 was approximately $18,4171. However, with expert valuation, the settlement could potentially be higher by accurately reflecting all incurred losses.