A tool provided by the United Services Automobile Association (USAA) assists its members in estimating potential compensation for insurance claims, such as those stemming from auto accidents, property damage, or personal injuries. This estimation considers factors like medical expenses, lost wages, and property repair costs to project a possible settlement amount. For example, it might help a member involved in a car collision understand the potential financial recovery for vehicle repairs and medical bills.
Access to this type of resource empowers members to approach the claims process with greater understanding and preparedness. It provides a preliminary framework for negotiations and helps set realistic expectations regarding potential outcomes. Historically, insurance settlements have been complex and often opaque. Such tools provide increased transparency and control for the insured party during a potentially stressful time.