It is important to be prepared when facing an upcoming settlement negotiation after a personal injury. To seek maximum insurance settlement payouts, work with a personal injury attorney who can assist in preparing the claim and has experience representing victims in negotiations. After hiring an attorney, there are a few insurance claim tips to keep in mind that may make it easier to achieve a fair settlement.
While there is no guarantee that the insurance company’s initial offer will meet the injured party’s expectations, it is essential to have a reasonable amount in mind when presenting the organized demand letter. The insurance adjuster will assess the demand and all supporting documents and make an offer lower than the demanded sum. Therefore, it is essential to have a bottom line in mind for negotiations.
An attorney can help injured parties determine a fair and reasonable amount to expect before entering into settlement negotiations or submitting a claim.
Because insurance company tactics often include lowball first offers to reduce the payout, it is vital not to accept the initial sum. Injured parties should view these low offers as negotiation strategies, assessing how well the applicant understands their claim. Work with an attorney to counter the offer with a sum higher than the initial offer but lower than the amount stated in the initial demand letter.
While personal injury cases often focus on medical bills and lost wages, the injured party’s legal team should also emphasize the pain and suffering caused by an accident and advocate for appropriate damages.
Insurance claim evidence can include things like psychiatric evaluations and statements about the traumatic impacts of an accident on one’s quality of life. These factors are easy to overlook in favor of clinical evidence or time away from work, but they are an important part of the damage caused by an accident and can impact the settlement amount.
As with any legal proceedings, it is essential to document the final settlement amount in writing. A legal representative can confirm the amount in a letter from the adjuster, which should include important details about the injuries and damages covered, as well as the exact settlement amount.
Choosing an experienced attorney when filing a personal injury claim or negotiating a settlement is vital. These knowledgeable legal professionals can advocate for those injured and show the adjuster that this is a serious case, discouraging the insurance company from handling the claim in bad faith.
An attorney can also represent you in court if a settlement proves impossible. Hiring a legal advocate can be intimidating, but it makes navigating the legal process much easier, protects your rights after an injury, and may lead to improved settlement offers.
Before entering settlement negotiations after a personal injury, contact Fenstersheib Law Group, P.A., to find experienced legal counsel. With extensive experience handling personal injury cases, our legal team can diligently advocate for a fair settlement and streamline the claims filing process.
Being involved in an accident is distressing enough without having to navigate the state’s legal system and negotiate with an insurance company for fair compensation. Trust our qualified lawyers to protect your rights and reduce the stress of insurance claims and negotiations after a personal injury.
Call 800-TellRobert (800-835-5762) or 954-456-2488 to get started today with a free consultation.
FREQUENTLY ASKED QUESTIONS:
Q1: What should I do before I negotiate with an insurance company?
A1: Prepare with a personal injury attorney, have a settlement amount in mind, and understand your claim’s value before negotiations.
Q2: Should I accept the first insurance settlement offer?
A2: No, insurance companies often make low first offers. View it as a starting point and counter with your attorney’s guidance.
Q3: What types of damages should I include in my insurance claim?
A3: Include medical bills, lost wages, and emotional damages like pain and suffering, which can impact the settlement amount.
The Lawyers at Fenstersheib Law Group, P.A. provide
personalized legal representation for personal injury cases.
FREE CONSULTATION 1-800-TELLROBERT • (954) 456-2488
