Is There Any Way to Negotiate a Settlement with an Insurance Claims Adjuster?

Is There Any Way to Negotiate a Settlement with an Insurance Claims Adjuster?

Personal injury can take place anytime. Such an injury can result from a car accident, falling from a staircase in a house or office, or when knocked down by a speeding vehicle while crossing the street or walking on the road.

Success in claiming the personal injury damage depends on the negotiated settlement with an insurance company. You can negotiate a settlement with an insurance claim adjuster taking professional help from a personal injury attorney.

Here are some significant factors to keep in mind for a negotiated settlement with an insurance company:

Create a Full-proof Background before Filing an Insurance Claim

Negotiations for insurance settlement can certainly go in your favor if the case is built on irrefutable grounds. An insurance claim attorney can play the most important role in it.

The case can be built with documentary evidence leaving no ground for the insurance company to evade paying the damage. In that case, the negotiation becomes easier.

Legal Documentation

An insurance claim against accidents can be most effectively negotiated with the help of documentary proofs like an FIR filed with the local police station, hospital bills, an assessment of personal damage done, some photographic evidence of an accident, and a few witnesses.

All these documents can assist an attorney to fight your case and help you get the insurance claim settled through negotiations.

Assessment of Financial/Income Loss Suffered by the Victim

A proper listing of heads under which you lost your income or incurred payments must be created.

Your money or income losses can have several heads, including salary loss, loss of daily income through business, medical expenses, and personal pain. A final estimate in money terms may be needed to lodge the claim.

Don’t Accept First Offer of Insurance Company, Keep on Negotiating

This is an important step that you should follow in your interest. It is a common tendency and practice by the insurance companies to offer small settlement money at the earliest so that you accept it and a final settlement takes place with minimum expenditure on the part of the insurance company.

Usually, an insurance company stands to gain and the aggrieved party suffering physical pain gets far less money than he or she should have.

Hire Only the Attorney Who Specializes in Negotiated Settlement

Some attorneys are known for their negotiation skills with insurance companies. They can bring out your strong points to lay higher claims in money terms.

Claim adjustment in such physical pain cases greatly depends on how the lawyer powerfully builds your case to argue for higher compensation. All attorneys may not have this skill. You must consider this point while hiring a lawyer.

In Conclusion

Negotiated settlement for accident claims is not as simple as it appears. The attorney should be an expert in legal clauses with long experience to help you legally win such a case. Following a personal injury, talk to a legal professional for further help.

Leave a Reply