Tips for Negotiating with Insurance Companies After Being in an Accident
Accidents happen and if you are injured in an accident when it was the other party’s fault, it is in your best interest to file a claim right away. However, be prepared to deal with insurance companies and make negotiations.
After an Accident
It is crucial to receive proper medical attention right after being involved in an accident. Next, speak with a personal injury attorney to get the ball rolling on the personal injury claim.
There are things you can do to get the best outcome possible out of your settlement. By working with an attorney and knowing how to negotiate properly with an insurance company, you can successfully receive what you deserve to help pay for bills that have piled up from the accident.
During the Claim
The most important thing you can do during a personal injury claim is to never rush the process and be patient. Of course, this doesn’t mean you can procrastinate and put things off, but make sure you are taking the time to properly document and evaluate all of the details involved in your accident and personal injury claim.
Records
Keep all of your legal and medical records along with any witness statement reports. Be prepared to show these to your insurance company. Before speaking with them, make a plan and be aware that insurance companies try to take advantage of victims all the time.
Talking with Insurance Companies
Once you have all of the details in place, calculate a fair settlement that includes medical expenses, expenses for any related care, amount of income lost, expenses for long term medical care, and pain and suffering. If there is property damage involved, such as a vehicle in an auto accident, include that as well. In addition, always get advice from an attorney.
Next, it is time to send a demand letter with your fair settlement calculation to the insurance company. If you fail to hear back from the insurance company in a timely manner, always reach out to them. You want to be in constant contact with the insurance company and remain aggressive until the settlement is finalized.
Never accept the first offer! The first offer is usually way too low and you need to fight for the worth of your claim. This is where negotiation comes into play. Especially if you have strong evidence on your side, never settle right away. Stay persistent, patient, and organized.
Remember to always get all offers in writing and only accept when you feel it is the right offer for you.
Edelstein Law Firm
If you have been injured in an accident, seek the advice of auto accident lawyers in Philadelphia. The skilled and trusting lawyers at Edelstein Law can help you through personal injury claims and negotiating with insurance companies. Conveniently located in Philadelphia, the law team at Edelstein Law has in-depth knowledge and experience to fight for you from the beginning of your case to the end, never settling for less than you deserve.