Full and fair compensation refers to the total amount of restitution you deserve for the economic and non-economic losses you have suffered as the result of an accident. These losses could include medical bills, damaged property, lost income, diminished earning potential, and pain and suffering, among others.
Obtaining full and fair compensation is complex. Insurance companies are for-profit entities that will do everything they can to avoid paying you the amount you actually deserve. They may offer you a settlement, especially if they believe you have a strong case, one that may even seem generous. But in most cases, it isn’t close to what you actually deserve — or what they think you could get through litigation. Working with an attorney can improve your chances of obtaining full and fair compensation.