Insurance & offers · 00:34

What makes a settlement fair?

Medical expenses, lost wages and pain and suffering all matter. Jared explains why there is no quick equation for a fair settlement.

With Jared J. PehrsonImpact Legal · Phoenix, Arizona

00:34Watch on YouTube

Look beyond a single number

In this short, Jared describes a fair settlement as a question about the injury and its effect on the person. He identifies medical expenses, lost wages and pain and suffering as parts of that discussion.

There is no universal shortcut

The clip rejects the idea that fairness can be reduced to a simple split or formula. For a fuller explanation of the factors behind a claim’s value, use the linked case-value guide below.

Read the transcript

Transcript edited for clarity and readability. Watch the video for the original delivery.

What does a fair settlement actually mean? Quite frankly, it’s a combination of getting your medical expenses covered, your lost wages and, honestly, pain and suffering on top of that.

Is it a “we’ll go half, you go half” type of thing? No. This isn’t a math equation. It’s really a basis of: how injured were you, how much help did you need and how much pain did you go through? There’s no real quick way to figure that out.

Keep exploring this question

Explore the factorsWhat is my accident case worth?Explore the calculatorPain and suffering calculator

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