Rank System: Integrating Tier and Policy Limits
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Questions and Answers

What is the monetary value range for cases falling under Rank B?

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If a case has Policy Limits of $100,000/300,000 but the estimated settlement amount is less than the policy limits, what rank should the case be considered?

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What is the monetary value range for cases categorized as Rank E?

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Which rank represents cases with a monetary value falling between 100,000 and 250,000?

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Which rank represents cases with Policy Limits of $100,000/$300,000 that are worth the Policy Limits of $100,000 per person?

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What is the monetary value range for cases falling under Rank F?

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How do policy limits impact the potential financial recovery in a case?

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If a case has bigger Policy Limits, for example, $250,000/ $500,000, but the estimated settlement amount is more than or equal to $100,000, what rank should the case be considered

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Which tier would a case fall into if it involves moderate property damage and liability that may not be immediately apparent?

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What type of cases does Tier 3 encompass?

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Which tier indicates clear liability in premises cases or cases with substantial property damage?

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What is the minimum policy limit for a case to potentially receive a high rank (e.g., Rank A)?

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Which tier represents cases with injuries that may manifest later or have long-term effects, even if they initially appear less urgent?

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Which tier would a case fall into if it involves injuries that require extensive medical treatment and have higher compensation potential?

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Which tier represents cases with injuries that may manifest later or have long-term effects, even if they initially appear less urgent?

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What is the classification for cases with injuries that are less severe than Tier 1, but still require careful evaluation and representation?

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In a slip and fall case at Walmart, the incident occurred due to a water puddle on the floor, which has been supported by pictures and video footage. The case is classified as Tier 211, and liability has been acknowledged. It's worth noting that the client was not wearing flip-flops at the time of the incident. The medical examination revealed surgical findings, including lumbar spine disc extrusions, as well as a diagnosis of Traumatic Brain Injury (TBI). Rank this case.

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What is the classification for cases that involve minimal injuries?

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The numbers in a tier 121 case would mean:

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The third number on the Tier represents the client's health status after three months since the incident happened.

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In a Tier 222 Case with Accepted Liability, the DEF Policy has limits of 50/100K. The case involves Prop213, and there are 40K in medical expenses for pain management (PM) with non-surgical findings. It is important to note that the pain specialist did not recommend any injections or surgical procedures. What rank would this case fall into?

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How frequently should we reassess the rankings of the cases?

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Every time a case rank changes, this has to be noted in FV activity, using the #Rank hashtag and why the change occurred.

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If a case falls into Tier 1, what injuries would it typically have?

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