Negotiating Auto Accident Settlements

settlements for car accidents

Over the years many people have reported about getting unfair accident settlements by dealing with difficult and dishonest auto claims adjusters. Many people have felt like they were taken advantage of by the insurance companies and did not receive fair compensation from their car accident claims.

Since settlements for accidents can be so difficult, below you will find several tips that can help you avoid making mistakes and suggestions on how you can increase your car accident claims.

How Do Negotiations Begin?

Negotiations with an auto claims adjuster begin shortly after the insurance company has received your demand letter. The adjuster will give you a call to discuss your claim and possibly meet with you.

You may also receive a "Reservation of Rights" letter from the insurance company. The reservation of rights letter lets you know that, your accident settlements claim investigation has begun and that the insurance company will not pay you anything, if it discovers that you are not under a policy or if the accident was your fault.

Don't worry; the purpose of the reservation of rights letter is just to protect the insurance company. The letter just makes it clear that you are not entitled to a settlement simply because the insurance company is reviewing your claim.

How Does the Negotiation Process Work?

Negotiating a high car accident settlements claim, with an auto insurance adjuster, is just like bargaining with anyone else. You know what you're willing to accept from the insurance company and the claims adjuster knows how much the insurance company is willing to pay you. However, both of you don't know what the other party is willing to accept.

So you go through a typical negotiation dance that looks something like this:
  • You start off by asking for a high settlement in your demand letter

  • The auto claims adjuster tells you what's wrong with your demand letter e.g questions about medical treatments, issues of liability, lack of witnesses etc.

  • You respond to these arguments.

  • The adjuster gives you a low settlement to see if you will jump at the first offer.

  • You lower your initial high demand.

  • The adjuster slightly raises the initial low offer.

  • You and the adjuster go back and forth until you come to an agreement.

    The process is usually that simple.

    However, there will be times when you are dealing with an extremely difficult claims adjuster, who simply refuses to give you a fair car accident settlement.

    Here are several articles that can help you handle these stressful situations and increase the amount of your car accident compensation claims.

    Auto Insurance Adjuster

    5 Keys to Negotiating Your Car Accident Claims

    Auto insurance adjusters are known to be tough negotiators. To get a better personal injury settlement, you should understand how you too can become a tough negotiator.

    Personal Injury Claim Settlement: Responding to Improper Auto Insurance Adjuster Negotiation Tactics

    In order to lower your personal injury claim settlement, adjusters will use improper negotiation tactics. Learn how you should respond to these dirty tactics and increase your car accident claims.

    Higher Settlement Personal Injury

    Why You Have the Negotiating Advantage in Auto Accident Settlements

    Negotiating a higher settlement personal injury claim is tough. Learn why you have the advantage in your auto accident settlements.

    Negotiating Unfair Auto Accident Claim Settlements Amount

    Negotiate an Unfair Car Accident Insurance Settlement Part 2

    Don't worry if you get a low offer from the claims adjuster. There are still several things you can do to change this. Learn how you can negotiate your auto accident settlements after getting a low compensation figure.

    Auto Accident Insurance Settlement

    Negotiate Money For Car Repairs

    When it's time to get money from you auto accident insurance settlement, you and the insurance company won't always see eye to eye on what your car repair costs are worth.

    Learn which negotiation techniques you can use to get more money for your car repair.

    Injury Insurance Personal Settlement Claim

    During your injury insurance personal settlement negotiation with the auto claims adjuster, the issue of whether a car insurance policy actually covers your accident comes up often. Learn how to negotiate an injury insurance personal settlement when your auto coverage is denied.


    Category: Accident

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