How does the insurance company decide how much to make in its initial offer?
Typically, most insurance companies we deal with in Georgia accident cases use computer software to determine the value of auto and truck accident cases. The most prolific is one used by a number of companies called Colossus, designed by Computer Sciences Corp., a California based company that values accident cases for insurance companies. Colossus is reportedly used by more than 50 percent of the nation’s claims insurance adjusters. Many other insurance companies use a similar program. Essentially, what the insurance company does is input the data it receives from your medical records, lost wages, the severity of the accident, and where the accident occurred. The computer will give a higher value for a case in Atlanta, Fulton County than it would, for example, for the same case in Douglasville, Douglas County. It also inputs the taxpayer ID number of your personal injury lawyer which determines if your accident lawyer has a history of taking cases to verdict in Georgia or whether they
