However, it does not take into account elements like pain and suffering or loss of enjoyment.įor instance, if you enjoy playing tennis, a wrist injury will cost you much more than it would a person who enjoys reading books in their spare time. This will take into account your medical expenses and sometimes even loss of wages related to your accident. The insurance adjuster will fill in fields related to your injuries and the software will generate some number. The sense of using a piece of software to calculate a settlement is that it gives the illusion of objectivity while accomplishing the primary goal of every insurance adjuster: to devalue your claim and pay as small of a settlement as humanly possible. Nevermind the fact many injuries aren’t immediately apparent until the day or several days after the accident. For instance, were you aware that if you don’t see a doctor within the first 48 hours of an accident this will be marked against you by such software? It’s true. Several elements can reduce or even eliminate the value of your claim based on capricious insights. It’s also true that this software was designed to reduce the value of your claim. It’s true that many modern insurance companies use some form of insurance adjuster software to calculate your settlement value.
