If you have ever went to an outdoor market and tried to bargain with someone on something you wanted, a settlement negotiation can be just like this. You and the insurance adjuster will both roughly throw out the number that you believe the damages are worth. Anytime your injury lawyer in Lindsay is working on a settlement, they will go through this process of communicating with each other back and forth until an agreement is reached. The process can include:
• You asking a high amount in your original demand letter.
• The insurance adjuster will notify you either in writing, email, or phone call to let you know that the number you came up with is wrong and will offer you a lesser amount.
• You will respond with a higher amount that you will accept and it will most likely be a lesser amount than you original requested.
• The adjuster will make another low counteroffer
This process will continue until an agreement can be reached and both parties agree to the terms or if nothing is going to work out, it will be time to take it to court. There are a few factors that are taken into consideration in a case like yours. These factors include:
• Liability – who is at fault for the mishap and/or share in negligence
• Extent of your injuries – Who was injured and how bad is the injuries? How long term are the injuries?
• The extent of treatment – this will be determined by doctors and other
• What pre-existing conditions were claimed after the accident?
Injury Claim Negotiation Success
The way that you act during negotiations of a settlement can say a lot on how smoothly things go and how quickly they are over. It also plays a role in how much stress you will endure throughout the process. Here are a few suggestions to help you get through negotiations with a claims adjuster:
1. Go to your meeting organized. Make sure you have everything you need with you and know what you have on hand so you are not caught off guard
2. Be patient with negotiation. Don’t try and rush through the claim. You may find that things move slower in order to get through it without losing.
3. Be consistent and persistent. You want to make sure that the claims adjuster knows when you say you will be there or you will take care of it, you will. Being true to your word, don’t avoid the adjusters phone calls, and following up on calls, texts, and emails are important.
4. Remain calm throughout the meeting. Insurance adjusters are busy and they hear a variety of stories every day regarding claims. They also don’t want to be talked down to and be abused or threatened by those they are trying to work with. You need to remain calm throughout your talks in order to get further faster.