An Accident Lawyer in Orange Park Discusses How Insurance Companies Decide What a Case Is Worth

Many injury claimants wonder how insurance companies will value their cases. As an accident lawyer in Orange Park can inform you, the answer may be more complicated than you think.

Accident Lawyers in Orange Park Know How Insurance Companies Work

Accident lawyers in Orange Park know how insurance companies work. Initially, the claims manager or supervisor designates a set amount for your claim. This is called the “reserves.” The reserves may be more than what the insurance company actually thinks is the value of the case, and the amount can change as the case moves along. If the damage incurred in the accident was serious enough, the reserve could equal the “policy limits.” These limits are more than the cost of the liability the insurance company thinks it may have in your case, as outlined in the policy of the other driver or drivers.

The Insurance Company Will Communicate With Your Accident Lawyer in Orange Park

As your case progresses, your accident attorney in Orange Park will be notified about important developments, and will keep you informed about them as well. The insurer will also keep track of facts concerning your injury, such as medical bills and lost wages. If you were injured before in the same area as your current injury, the insurer will also want to see medical records of the previous injury.

You May Need an Accident Attorney in Orange Park

Insurance company policies can be extremely convoluted. In order to understand them, you may need the help of an experienced accident lawyer in Orange Park. Call First Coast Accident Lawyers at 904-278-1000 to schedule a free initial consultation today.

About John Fagan

John is a Jacksonville native who grew up on the First Coast. He graduated from Bishop Kenny High School in 1975 and went to college at Florida State University where he completed a 4-year program in 3 years. John graduated from the Florida State University College of Business in 1978 and went straight into Florida State University College of Law. While in law school, John earned a position on the prestigious Law Review Board serving as its Business Editor. As a law student, John studied in the Oxford program. He also interned with the Florida Legislature working in the Florida House of Representatives Criminal Justice Committee. John was admitted to the Florida Bar in 1981. John began his legal career as a law school intern in the State Attorney's Office in Jacksonville in 1981. After his internship, legendary State Attorney Ed Austin hired John as a full-time Assistant State Attorney for the Fourth Judicial Circuit (Clay, Duval, and Nassau Counties). As a prosecutor, John tried jury and non-jury trial on charges ranging from DUI to Murder. In 1983, John moved from the State Attorney's Office to begin his career in private practice. He has practiced law for 30 years on the First Coast. For the last 20 years, John and his family have made Clay County their home. John limits his practice to personal injury and disability cases. While there are many fine attorneys in Clay County, John is one of only a few Clay County attorneys who limit their practice to personal injury and disability cases. John takes pride in helping clients resolve injury claims in ways that avoid the stress, uncertainty, and the expense of unnecessary litigation. Professional Activities John is the past President of the Clay County Bar Association and has served on the Board of the Clay County Bar Association from 2009-2013. He is an active member of the Florida Bar, and the Federal Bar of the Middle and Southern Districts of Florida. He is also a member of the American Association of Justice, the Florida Association of Justice, the National Organization of Social Security Claimants' Representatives, and the National Organization of Veterans' Advocates. Service to the Community John is involved in the Clay County Community serving as a member and Director of the Rotary Club of Orange Park, of the Clay County Bar Association, and the Putnam County Bar Association.
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