That depends. When evaluating the value of your claim, insurance companies look at different factors. They look at your economic damages, such as the amount of your past medical expenses, the reasonable value of your future medical expenses, past lost wages, and loss of earning capacity. They look at your non-economic damages, such as pain and suffering damages. In certain cases where this is reckless or intentional conduct that causes an injury, there are punitive damages. Punitive damages are meant to punish the at-fault party.

Insurance companies also look to see if you have hired an attorney and they will evaluate the attorney and the firm you hire. For example, they will consider whether the firm or attorney you hired commonly files lawsuits and whether the firm or attorney have tried a case to a jury. This makes choosing the right personal injury attorney all the more important, as this can lead to a greater recovery for you. Make sure to ask any attorney you are considering whether they have ever filed a lawsuit or whether they have ever had a jury trial.