With the insurance company attempting to devalue your claim, it can often be difficult to gauge what a settlement should look like. While this is among the most common questions that our firm is asked, the frustrating answer is, it depends. Accurately evaluating compensation for damages can be the most complicated part of the insurance claims process.
Often, as a case unfolds and additional information becomes available, the potential value of a claim can fluctuate. However, in the case of bad faith claims, victims can typically seek restitution for the initial damages as well as any resulting losses from the insurer’s actions.