Insurance 101 – Chapter 14 – Volume 15 – Subjective Considerations When Evaluating

Subjective Considerations When Evaluating

While the analysis of prospective damages and liability gives an abstract idea of the value of the case, certain miscellaneous factors will also affect value. In some instances the subjective factors can account for more of the value than the specific elements themselves. The adjuster must recognize and account for subjective as well as objective considerations when evaluating a claim. Failure to take into account the following subjective factors will result in an unrealistic evaluation of the case.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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