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What do claimants really want? The answer might surprise you

Money isnt always the quick answer in a claim.

By John Gregory Service | Updated on March 27, 2015

It’s a simple question with a simple answer. Claimants want money. How much is another question and varies depending upon the individual situation and facts. Attempting to put a value on an individual claim depends on the nature of it, the losses sustained, the liability issues which appear and how they may affect all of the parties involved, and more. While money is important, it is certainly not always the only consideration.

In property damage situations it is somewhat easier to calculate the losses sustained. For example, in a typical auto accident, physical damage to automobiles or trucks may often be calculated by looking at the vehicle’s damage and considering parts and labor costs incurred for repairs. The matter may involve damage considered to be a total loss, and factors such as age and condition could apply.

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