Reasons Settlements Decrease in Value

Personal Injury Lawyer In Renton | Settlements Decrease in ValueWhile a personal injury lawyer in Renton will strive to get you the best settlement offer for your case, he or she may discuss a few factors that can decrease the value in your case.

Financial Duress

Renton personal injury lawyers can explain that the value of claims go down when claimants are in immediate need of funds. In order to get a vehicle back on the road or to pay off medical bills, a plaintiff may accept a lower settlement.

Terminal Illness

Insurance adjusters may inquire into the health of the claimant. If he or she is terminally ill, the insurance company may offer a lower amount if the claimant is likely not to survive lengthy litigation.

Attractiveness in Front of a Jury

A personal injury lawyer in Renton can explain that how a particular plaintiff appears in front of the jury is directly related to the settlement value. If the plaintiff is wealthy, has a criminal history or has a job not respected by the community, the value of the claim will decrease.

Internal Policies

Renton personal injury lawyers can also explain that some insurance adjusters attempt to decrease the value of the claim by relying on internal policies. Additionally, a personal injury lawyer in Renton can explain that insurance adjusters may claim that certain damages are not covered as part of the insurance coverage while this information may not be accurate.

For more information about factors that can affect the value of a claim, contact Edward K. Le Attorneys at Law at (425) 336-2255.

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