1. Be prepared
You’ll need to explain the reason for your injury claim and make specific points showing the value of your claim, including pain and suffering. Demonstrating your knowledge of the process shows the adjuster you mean business.
2. Document every penny
You can show proof of the value of your settlement by saving all of your medical bills, written repair estimates, prescription drug receipts, your car’s mileage when driving to and from the doctor, and any other related expenses. These are all expenses for which you should be reimbursed.
3. Be patient
Decide the minimum amount you’re willing to settle for and understand the adjuster will make a lowball offer. Be respectful when speaking to insurance company representatives and ask to speak to a supervisor if you feel you’re getting nowhere.
4. Know the statute of limitations
Your ability to take legal action when facing an unfair settlement offer is your only bargaining chip. If the claims process is delayed too long, your right to file a lawsuit will expire. Then you’re stuck with whatever they offer you.
5. Calculate the real value of your injury claim
Talking about the details of your claim with an attorney will help you understand the actual value of your claim. The temptation to settle quickly may be strong, but years from now you’ll regret signing away your right to further compensation. Personal injury claim costs to consider:
- Property damage
- Car rental
- Hospital deductible
- Non-prescription medical expenses (bandages, braces, etc.)
- Chiropractic care
- Pain and suffering
- Lost wages
- Future medical expenses