~The Base Formula~ A "Settlement Example"

~THE BASE FORMULA ~Using the "Formula" (as detailed by BASE which is
A "SETTLEMENT EXAMPLE"found in my book AUTO ACCIDENT PERSONAL
Because I've received so many contacts, andINJURY INSURANCE CLAIM) you determine that
questions, regarding BASE (The Baldyga Autothe value of your Personal Injury claim falls into
Accident Settlement Evaluation Formula) from thethe 4 areas provided by "THE BASE FORMULA"
readers of the sensational I've decided to provideand (in your particular situation) they are: THE
you-all with insights (via a "Settlement Example")PREMIUM VALUE $7,324.60, THE MEAN VALUE
regarding THE BASE FORMULA.$6,408.02 THE CORE VALUE $5,493.00 and a
OKAY, SO HERE WE GO: It's 10:00 AM on a clear,LOW VALUE $3,680.00.
dry day. You're operating your motor vehicleYour case has a number of positive factors that
north on Main Street in your home town. You'refall on your side of the evaluation ledger, such as:
62 years old and the assistant manager of a local#1. Fred Fuddle is far from being a model citizen.
video store.#2. He was driving his vehicle much too fast, as
Fred Fuddle is a chronically unemployed local withevidenced by the skid marks Chip capture on film.
a reputation for being a loud-mouth degenerate#3. The police cited Fuddle for operating his van in
who has a string of convictions for drunken,a dangerous manner, as proved by the copy of
disorderly conduct.the Police Report you now have in your
Fuddle is driving his dilapidated van at a high ratepossession.
of speed, proceeding East on Elm Street. As youOle' Doc Comforts report (which you have a
approach the intersection of Main and Elm youcopy of) indicates you sustained a
have a green light. You proceed through, perking"Whiplash-Type" injury to the cervical-dorsal area.
along under the posted speed limit. Too late,Following Doc Comforts instructions (as written
Fuddle realizes he has a red light. He hits hisinto his report) you purchased a heating pad (a
brakes, leaving 70 feet of skid marks behind himcopy of the bill you have for proof) which you
as he flies into the intersection. The front of hisused for 5 days to help relieve your "Pain and
van strikes your left rear with a mighty crash.Suffering". In addition to the hospital bills, you've
Your arm hits the steering wheel and the $300.00also kept copies of the pain killer prescription
watch your spouse gave you for your lastdrugs that Doc Comfort insisted you must take.
birthday is smashed. The Property Damage toNow, enough time has passed for you to sit
your motor vehicle will be determined to bedown with Insurance Adjuster I. M. Smart of
$1,700.GRANITE MOUNTAIN INSURANCE
The police investigate at the scene. Fuddle isCORPORATION. Smart knows the potential of
charged with dangerous driving: You note that thisyour developing more physical problems (which
is written up in the Police Report. The ambulancecan be tied into the accident) is much greater
takes you to the Angel Of Mercy Hospitalbecause of your age. No matter which way
Emergency Room, where you're x-rayed andSmart would like to slice your cake he's aware
treated. Diagnosis: A mild to severe strain to thethat you went through a ton of inconvenience
cervical-dorsal area which is known as aplus a solid period of "Pain and Suffering" which
"Whiplash"-Type" of injury.has been sustained within the confines of Doc
You're eventually treated by your familyComfort's written report.
physician, Ole' Doc Comfort. (You later ask forAs detailed in THE BASE FORMULA your Personal
and receive copies of all medical reports from theInjury claim positions itself in the area of THE
Angel Of Mercy and also from Doc Comfort).PREMIUM VALUE. You must aim for a settlement
As soon as possible, after the impact, you askedas close to this figure as possible. PLUS the $1,750
you son "Chip" to return to the scene of theProperty Damage of your motor vehicle and also
accident and he snapped a dozen close-up photosthe $300 to replace your new wristwatch.
of the skid marks plus the damages to yourHow one can and must proceed to do this (plus
motor vehicle and then Fuddles van. Chip veryTHE BASE FORMULA) is detailed in my third and
wisely visits the police station where he purchaseslatest book AUTO ACCIDENT PERSONAL INJURY
a copy of the report that the Cruiser PatrolmenINSURANCE CLAIM (How To Evaluate And Settle
wrote at the scene.Your Loss) found on the internet at or
YOUR FINAL "SPECIAL DAMAGES" ARE ASDISCLAIMER: The only purpose of this article ~
FOLLOWS: Ambulance, Emergency Room,THE BASE FORMULA ~ A "SETTLEMENT
X-Rays, Prescription for pain, Heating Pad, Dr.EXAMPLE" is to help readers understand the
Comforts bill, plus your Lost Wages. THE FINALmotor vehicle accident claim process.
TOTAL OF YOUR "SPECIAL DAMAGES" COMESDan Baldyga makes no guarantee of any kind
TO: $1,831.15.whatsoever, NOR to substitute for a lawyer, an
PROPERTY DAMAGES: Cost to repair your (car -insurance adjuster, or claims consultant, or the like.
motor vehicle) $1,750.00 plus the provableWhere such professional help is desired it is the
replacement of your wrist watch $300.00. TOTALINDIVIDUALS RESPONSIBILITY to obtain such
PROPERTY DAMAGE LOSS: $2,050.00.services.