5 Tips For Negotiating With An Insurance Company
How An Attorney Can Help You Go Toe To Toe With Insurance Claims Following An Accident
When you file a Baton Rouge personal injury claim with Babcock Injury Lawyers, LLC there is an almost certain chance that you will soon have to deal with an insurance company, if you haven’t already. While insurance companies can be a pain, especially when putting up resistance to payment of compensation, in cases when you have been injured by another party’s negligence. In such cases, you’ll need to understand how best to negotiate compensation demands to ensure that you are fairly compensated for the damages you may have suffered.
With insurance companies, it should be noted that many insurance companies want to protect themselves first and may try to get out of paying you a fair amount for damages. You need to arm yourself with the best information in order to protect your interests and become a better investigator.
Tips For Filing An Insurance Claim With An Attorney
Understanding Your Damages
Before proceeding to negotiate compensation with an insurance company, you need to fully understand the range of damages that you have suffered as a result of someone else’s negligence. Going into the negotiation room without adequate information on the extent of damages may cause you to settle for an even lesser amount in compensation than you deserve. When calculating your losses as a result of the offender’s negligence, factors such as past and future medical treatment costs, lost wages, lost earning capacity, travel expenses for doctor’s appointments, property damage, rehabilitation, medical assistance equipment, and others should be considered.
Do Not Take The First Offer
One of the basic rules of thumb during a negotiation with insurance companies is that you should not accept the first offer proposed. An insurance company preys on the ignorance of the victim and as such offers them less value for their damages in most cases. The low value offer can however be countered by a higher demand for victims who understand the full scale of damages suffered.
One of the mistakes made by victims of personal injury accidents which may cost them their compensation is presentation of false evidences. To ensure that the claims process goes as smoothly as it can, it is recommended that you only present the insurance company with facts regarding what happened on the day of the accident and evidences to prove your standpoint. Be careful to avoid exaggerating the accident or giving speculations as this may harm the claims process.
Send A Letter To The Insurance Company
Once you are well enough in the aftermath of the accident, there is the need to send a demand letter to the at-fault insurer demanding compensation while stating the basic facts of the accident and the damages you have suffered.
Consult With A Baton Rouge Personal Injury Attorney
One of the best choices to make when planning on dealing with insurance companies, especially during the compensation demand process, is to have a qualified and professional personal injury attorney who has a proven track record of success. Be sure to hire the services of a skilled personal injury attorney who has experience negotiating at length with insurance companies at https://www.stephenbabcock.com/
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