insurance






 

Question by  steffie (42)

What are typical settlement amounts from State Farm after a car accident?

 
+7

Answer by  Roland27 (16334)

It all depends. The Insurance Agencies all have books that have the value of cars in them. However, they always seem to be lower than actual Kelly Blue Book Values. They determine the cost of the car, injuries to the people and then they get a number.

 
+5

Answer by  Rubberchicken (819)

Settlement amounts vary depending on the type of claim, local jurisdictions, and state-specific policy language. Ideally, settlment amounts have more to do with these factors, rather than with what insurer one is presenting a claim. For injury claims, insurers review the injury claimed, severity, treatment, lost wages, and other damages to arrive at settlement offers.

 
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