What Factors Does An Insurance Company Use To Determine How Much Money It Will Pay To Settle A Claim?

One of the biggest factors an insurance company uses to determine how much money it will pay to settle a personal injury claim is the amount of the medical bills and what is contained in the medical records.　 No insurance company will settle a claim prior to reviewing the medical records and medical bills.　 If a doctor’s visit does not specifically reference the injured parties’ accident, the insurance company will likely claim it is not related to the accident.　 It is very important to advise your medical provider that you are there because of injuries you received in the accident.　 Also, sometimes medical providers make mistakes in the medical records.　 It is very important for you and your attorney to review medical records soon after they are created.　 For more information, contact Racine Olson at (877) 232-6101.

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