How Houston Car Accident Settlements Are Calculated and What Insurers Don’t Tell You
TLDR: Houston car accident settlements are calculated using a total damages model that adds economic losses (medical bills, lost wages) and non-economic losses (pain, suffering, impairment). Insurers calculate settlement offers using a different model designed to minimize payout. The average settlement with attorney representation is 3.5 times higher than without, per Insurance Research Council data….