Allstate relies heavily on Colossus software to determine the value of car accident claims.
A Colossus personal injury calculator is a software program that calculates settlement values for car accident claims for many insurance companies. Insurance companies use the Colossus personal injury calculator to standardize claims, and it saves them money on payouts.
Unfortunately, for the sake of speed, the calculator leaves out vital information that may fail to provide a complete picture of one’s injuries. In other words, the purpose of the Colossus personal injury calculator is not to obtain a fair settlement value but, instead, to drive down settlement values to save insurance companies money.