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personal injury settlement multiplier?
quick story short.
I'm on motorcycle (full insurance wearing all gear)
ran over by SUV (his fault and 5 written statements on my behalf)
2 jaw surgeries (metal implant)
1 wrist surgery (metal implant)
left femur surgery (metal rod)
6 teeth root canal and crowns (helmet broke off braking multiple teeth)
total bills pushing $560k
i was hit in warner robins GA. houston county.
caused me to drop out of college for a year.
no lost wages i use VA g.i bill as a veteran.
no medical coverage since VA was not notified 24 hours after accident.
cant play guitar anymore, no more gym, cannot rejoin army as a cyber security due to injuries. (was my goal)
accident was october 12th 2019. doing deposition july 10th 2020
any thoughts?
ya'll are retarded except the last responder. obviously i have my attorney which is why i said depo was july 10th. i was asking for those who did a settlement and see what they got to compare. anyways i did my depo today online video conference due to covid 19. i was offered 4.3 million u.s.d. times 5.6 multiplier.
3 Answers
- NosehairLv 710 months ago
You definitely need to talk to an attorney and don't waste your time with YA responses.
- realtor.sailorLv 710 months ago
What does the VA GI bill have to do with insurance? You indicate that you have insurance. What about the other driver? Your insurance company should be handling this.
- Anonymous10 months ago
Fault is immaterial UNTIL the insurance companies decide on fault. Did the insurance companies settle on fault?
Your attorney hasn't given you any advice or guidance? The "other side" will undoubtedly argue that the lack of medical coverage was because no one on "your side" notified the VA. It is not the fault of the other driver that your insurance coverage was not used. Maybe your attorney is good on his/her feet and can override this objection when it comes to who will pay the bills.
I agree with no more gym, no more guitar. You cannot be reimbursed for FUTURE damages - and that includes your career plans for the future. Can't get a cyber security job? Until you are qualified and denied that is not a legal claim.
In MY State damages are typically 2-1/2 to 3 times the amount of medical bills. In the case of PERMANENT damages I've seen the demand be 10 times the medical bills. How much did your attorney ask for in the lawsuit? The award will NOT be higher than the demand AND has your insurance addressed the other party's insurance cap? For example, if the other driver carries a maximum of, say $100,000, your award will not be over that amount. I have seen ONE OCCASION when an insurance company paid out a policy and the driver was held liable over and above that amount.
Your attorney hasn't explained this to you?
