Why Online Car Crash Settlement Calculators Are Often Inaccurate

woman using calculator by laptopThe internet and smartphones have made information available at the touch of a button. While you can research and figure out many things on your own, some tasks are better left to experienced professionals.

For example, you may have seen online crash settlement calculators that supposedly tell users how much their claims may be worth. Unfortunately, these calculators do not do a good job of giving users the full picture about the value of their claim.

These calculators are only as reliable as the information you put into them. However, they do not ask for all the details you would need to accurately determine your claim’s potential value.

That is why you should seriously consider working with an experienced attorney. At TSR Injury Law, we have decades of experience determining the value of car crash claims. We have also recovered millions on behalf of crash victims.

Why Settlement Calculators Are Inaccurate

Like other online calculators, those used for car crash claims ask you for a variety of numbers to calculate the value of a settlement. For example, these calculators are likely to ask for the value of:

  • Past and future medical costs
  • Repairs for your vehicle
  • Replacement value of your vehicle if it was declared a total loss
  • Lost wages
  • Loss of earning capacity
  • Damage to other personal property besides your car
  • Pain and suffering
  • Other non-economic damages

At first glance, it may seem like these calculators are helpful if you have the information you need. However, how do you determine the value of your lost earning capacity or your pain and suffering? There is no set value for these kinds of damages. Their value is based on a variety of unique considerations.

For example, most car crash settlement calculators ask victims to rate their pain and suffering. Their rating is then multiplied by another number, such as the value of economic damages. However, this is an arbitrary calculation. Attorneys and insurance adjusters do not arbitrarily calculate the value of a victim’s pain and suffering. They consider the facts of the situation, available insurance coverage and other relevant information.

Calculators are programmed to assume pain and suffering is worth more if the victim has a significant amount of medical expenses. This may be true in some cases, but there are many other variables to consider. Think of it this way: medical treatment may be so successful that it leaves the victim with few long-term problems. That scenario may result in minimal pain and suffering even though the medical treatment was very expensive.

It is also important to remember online settlement calculators only consider the data you give them. They are not accounting for the unique factors of your situation, such as:

  • The severity of your injuries and whether a doctor will relate all the injuries to the crash
  • Your medical records
  • How you respond to treatment
  • Your specific job skills
  • Future lost earnings
  • Prior similar injuries
  • Scar cases usually do not have a lot of bills but are traumatic to the injured party
  • What is your health insurance type and what subrogation claim is being made against the settlement
  • How many insurance companies are at fault and what percentage does each agree on
  • Are your doctors board certified
  • What is the Brewster number that the insurance company actually owes versus the full amount of bills; and
  • Other relevant factors, the biggest is without legal counsel no insurance company will be concerned about a lawsuit that would actually hold them accountable, so they will offer the least amount possible

Injuries can have a devastating impact on a victim’s life, even if the medical care was successful. The victim’s treatment may end, and he or she may have little ongoing pain and suffering. However, the injury may prevent the victim from engaging in a hobby he or she used to enjoy. Settlement calculators are not built to factor in these things.

Why It Is Better To Have an Attorney Evaluate Your Claim

Experience can be very important when pursuing compensation after a car crash. For example, attorneys who have handled denied or undervalued claims before have a much better idea of how to proceed. They have helped people with a variety of claims and know what it takes to be successful.

Attorneys have learned how to evaluate injuries and loss of earning capacity. It is about more than simply assigning something a number. At TSR Injury Law, our Minneapolis car accident lawyers can also consult medical professionals and other experts, as needed. This additional expertise helps us to not only bolster a claim, but also to determine its value.

In short, attorneys can provide nuanced analysis that you are simply never going to get from an online calculator.

The number an online calculator spits out does not carry any real authority. Even if you think the number the calculator gives you is reasonable, the insurance company may lowball you. When this happens, you need an experienced attorney to negotiate with the insurance company.

You also want an attorney with courtroom experience who is prepared to file a lawsuit. Even if your case does not end up in court, filing a lawsuit may help. Often, it could be just the push needed to get the insurance company to make a better settlement offer.

Call TSR Injury Law To Discuss Possible Legal Options

The attorneys at TSR Injury Law are ready to help, and we have a proven track record of success. There are no upfront costs with our services. There is also no obligation to work with our firm after your free initial consultation. In other words, there is no risk in meeting with one of our experienced attorneys to learn how we may be able to assist you.

Car crashes can cause devastating injuries and financial upheaval for victims and their families. You do not want to solely count on the insurance company to provide the compensation you need.

TSR Injury Law. Proven Results. No Upfront Fees. (612) TSR-TIME

Will Your Injury Claim Be Worth More if You Need Surgery?

female doctor putting on maskSurgeries can be very expensive, particularly if you need to stay at the hospital while you recover. However, it is not always true that getting surgery will increase the value of your settlement.

Although a surgery after a crash usually does make the “value” of a claim greater, injury victims should not get unnecessary surgery simply to increase the value of their claims. In fact, unnecessary surgery may not be covered by your claim. There is no amount of money that will make an unnecessary surgery worth it in a settlement.

If you have questions about the value of your claim, give TSR Injury Law a call today to see how we may be able to assist you. An initial consultation is free and there are no fees while we work on your case.

Our attorneys have secured hundreds of millions in compensation on behalf of our clients in a wide variety of cases.

Call today for legal assistance. Phone: (612) TSR-TIME.

Surgery and Your Injury Claim

Surgery often drives up the value of a personal injury claim. If you have ever had surgery and been billed for it or looked at the amount of money your insurance company paid for a surgery you underwent, it is easy to see why.  Insurance companies owe the cost of medical bills as part of the injury settlement.  In addition, surgeries are not fun, and neither is the recovery. Pain and suffering claims are greater because of a person’s surgery as part of a claim.

The total cost of a surgery has many components. The surgeon is not the only one who gets paid. There will be an anesthesiologist or other specialists involved in the procedure. They may not have been performing the actual surgery but assisting the surgeon to secure the best outcome. A simple example is the doctor observing your vital signs or reactions to medications you were given.

Doctors often need to use expensive equipment and supplies during the surgery. Hospitals often spend what seem to be unreasonable amounts of money on items that would cost much less if you bought them in a store.

These factors and others help drive up the cost of surgery, in addition to hospital stays that may come before or after the procedure itself.

However, there are many other factors that may impact the value of your claim. For example, some people respond better to treatment than others. Some people may recover very quickly while others may need significantly more time.

While you may have the same type of injury as someone else, it is unlikely that it is exactly the same. There are likely to be minor differences that could significantly impact your recovery and treatment options.

Is Surgery Necessary?

You should not get surgery simply because you think it will allow your lawyer to recover more compensation.

No matter how skilled a surgeon may be, every surgery carries risks. You could get an infection and need more surgery to deal with it. The surgeon could cause damage to the area surrounding the surgical site. You could have a bad reaction to the anesthesia. There is also even a risk of death.

If the insurance company believes the surgery was unnecessary, they may deny compensation for it. They are not going to take you at your word the surgery was necessary. They will want to see medical records showing the doctor thought it was a good idea.

Doctors often give patients a choice between surgery and other treatments. Your doctor may lay out both options and explain the pros and cons and leave it to you to decide.

You should carefully review things with your doctor and discuss the risks of surgery with your family. Your decision should be based on what you think is best for your health, not what it may do for the value of your claim. If you decline surgery but need other less invasive treatment, those bills are also included in your claim.

Your goal should be to recover compensation for the treatment you need to make the best recovery possible. That is why it is important to find an experienced attorney with a proven track record of success. You need to be able to trust your lawyer is looking out for your best interests and is pursuing maximum compensation.

Injuries That May Need Surgery

There are various injuries that may result in surgery, such as:

  • Damage to internal organs
  • Severe burns
  • Ligament tears
  • Traumatic brain injuries
  • Spinal cord injuries
  • Broken bones
  • Torn tendons
  • Knee injuries

Sometimes surgery is done right after the accident to try to save the victim’s life. Clearly, those types are always related to the originating cause, such as a car crash.  Other times surgery may be needed later after conservative measures have failed.  As a general rule, the longer after the crash or injury causing event, the harder it is to prove it is related to the event.

Contact TSR Today to See How We Can Assist You

After an injury, it is important to get solid legal advice about your options, the value of your claim and other issues that often arise. You cannot count on the insurance company to take care of you, which is why you should give serious thought to calling a licensed Bloomington personal injury lawyer.

The attorneys at TSR Injury Law have been helping injury victims since 1998 and have obtained over $1 billion in compensation for our clients.

TSR Injury Law. No upfront fees. Call (612) TSR-TIME.