How much money can I expect to recover from an insurance litigation claim?
When filing a claim with an insurance company, the amount you are able to recover in a successful insurance litigation case depends on several factors. In New York, the amount you can receive in a settlement is often decided by the same factors as any other state: the severity of the injury, the type of coverage you have and the amount of evidence you can provide to support your case. In terms of the amount you can expect to receive for an insurance litigation claim, it depends on the type of claim you are filing. If you are filing a claim for injury, the amount you can recover could range from a few thousand dollars to millions depending on the severity of the injury. If you are filing a claim for property damage, the amount will depend on the type of coverage you have and the amount of damage incurred. In addition to the amount you can receive, the other important factor to consider when filing an insurance litigation claim is your chance of success. Before filing a claim, you should talk to an experienced insurance litigation lawyer to discuss the details of your case and the likelihood of success. A good lawyer will be able to provide you with an objective opinion of how much you can expect to recover and what the chances of success are for your case.
Related FAQs
What are insurance bad faith claims?How do I determine the amount of damages I am entitled to in an insurance litigation case?
What are the elements of a breach of contract claim in an insurance litigation case?
What is an interpleader action in an insurance litigation case?
What is a motion for summary judgment in an insurance litigation case?
What is a breach of the covenant of good faith and fair dealing in an insurance litigation case?
What is a motion to disqualify counsel in an insurance litigation case?
What is a bifurcated trial in an insurance litigation case?
What is a motion for summary disposition in an insurance litigation case?
What is reformation in an insurance litigation case?
Related Blog Posts
5 Factors to Consider When Choosing an Insurance Litigation Lawyer - July 31, 2023What You Should Know About Insurance Litigation Law in 2021 - August 7, 2023
Understanding the Process of Insurance Litigation Law - August 14, 2023
How to Avoid Insurance Litigation Litigation - August 21, 2023
9 Essential Steps to Resolve an Insurance Litigation Dispute - August 28, 2023