Negotiating With the Insurance Company After a Crash
Negotiating and agreeing on a fair settlement is a critical part of the claims process and can’t be overstated. That is why it’s important to remember the following tips when negotiating with the insurance provider.
Have a Lawyer by Your Side during Each Step of the Process
If you are involved in a crash, have done your research, and know that the first settlement offer you receive will be fairly low -- in order to protect the interests of the insurance provider -- that doesn’t mean you’re prepared to negotiate on your own. There are many factors involved in negotiating for the maximum settlement offer you and your loved ones deserve, including knowing the true value of your car injury claim.
A New Mexico personal injury attorney has years of experience negotiating with insurance companies and can properly assess the value of your claim after considering all injuries and damages. Even if you’re confident of the value of your claim, which is not always a sure thing, understand that the negotiation or even filing a claim to start the process is not simple. Also, an insurance claims adjuster negotiates these settlements for their livelihood, whereas most crash victims are negotiating a settlement for their first time.
Having an Albuquerque personal injury lawyer with a proven track record of successful settlement negotiations can help even the scales in your favor and provide for greater peace of mind.
Filing a Personal Injury Claim
After a crash, you’ll need to inform the insurance provider of the at-fault party of the extent of your resulting injuries. Filing a claim effectively serves as notice of the crash and the damages you suffered.
Filing a claim starts the negotiation process, and the claim can be filed online or by phone for most insurance providers. The claim should be filed as soon as possible, and having a lawyer on your side can be a benefit in order to avoid any unnecessary mistakes that could impact your claim.
After the claim has been filed, the insurance company will respond with what is referred to as a “reservation of rights” letter. This letter informs you that the insurance provider will continue investigating your claim to determine the damages and injuries you suffered are covered.
Albuquerque Car Accidents
Being involved in a car crash can leave victims with devastating injuries. Each year, 2 million people suffer permanent injuries in the aftermath of a car accident in the United States. In some cases, injured parties can recover lost compensation with the help of an Albuquerque personal injury attorney.
Will Ferguson & Associates has years of experience in successfully negotiating favorable settlements. We can help make sure your case is treated fairly when you go up against a big insurance company. Contact our law offices today at (505) 243-5566 if you’ve been unfairly injured in a car accident.
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