Insurance companies are tough negotiators, and just because a person pays his or her insurance premiums each month does not mean that the insurance company will pay up easily. Whether you are the victim of a car accident and are trying to seek compensation for your damages from the other party’s insurance company, or you are trying to seek damages through your own car insurance company, you may find yourself facing an uphill battle when it comes to recovery. The Yakima personal injury attorneys at Kapuza Lighty, PLLC, have experience in dealing with stubborn insurance companies and want to pass on a few pointers for you.
Settlement Negotiation Tips
Even if you have never negotiated with an insurance company before, you can walk away from your negotiation endeavors successfully with a few tried and true tips. To increase your odds of success and to maximize your compensation, try the following four steps:
1. Consider Refusing the First Offer.
An insurance company’s first offer is likely just a test to see how desperate you are for compensation, or to see if you are aware of how much your case is really worth. In this case, you should consider rejecting it. If the insurance company says it is the best that it can do, ask it to justify its offer with specific reasoning. If you still feel as if the offer is too low, counter it with reasons of your own for why the offer should be much more. However, do not propose a figure—wait to see if the insurance company responds with one of its own.
2. Emphasize Points in Your Favor.
Now is not the time to beat around the bush. If you suffered a lifelong injury, do not be afraid to state that in your letter, and, moreover, to explain how said injury has negatively impacted your life. If the injury left you with the inability to work, cite that, as well as the rising costs of your medical bills.
3. Document Everything.
Document every interaction with the insurance company in writing. Take detailed notes of your conversations with the insurance company, and keep record of all offers. Also, make copies of your claim and demand letter for reference, just in case.
4. Know When to Contact an Attorney
Not all personal injury claims require an attorney, and not all personal injury claims that are led by an attorney are successful. That said, if you are in over your head and confused by the legalities of your case, it would not hurt to consult with a legal professional. A lawyer can evaluate the circumstances of your case, let you know what your case is really worth, and help you fight for your right to compensation.
Work With an Experienced Yakima Car Accident Lawyer Today
If you or a loved one was injured in a car, truck, motorcycle, or any other type of personal injury accident, reach out to a Yakima car accident lawyer at Kapuza Lighty, PLLC, to discuss your case today. Our team can help you build a case in your favor, negotiate with the insurance company, and fight for your right to compensation. Call now or contact us online to schedule your free consultation.