Negotiating against a low ball Mercury Insurance settlement offer Injured? Lawyer up before you sign a check.

Mercury Insurance Settlement Payout Process:

  1. Mercury Insurance claim phone number: Call the number on the back of your proof of insurance card or dial the national phone number: (800) 503-3724.
  2. Claim time limit: Most states have strict yet complex statute of limitations rules such as “you must bring a claim within 3 years of the date of discovery of the injury”. It’s complicated. Act fast - the insurance company will.
  3. Repair shops: Mercury Insurance requests insurance customers to use a Mercury-approved auto repair facility. However, this suggestion serves only to save the insurance company money. In reality, you can go wherever you want for repair service. Tell your insurance company your favorite auto shop will do the work.
  4. Settlement negotiation: Insurance companies like Mercury Insurance Insurance Association have teams of professionals dedicated to limiting or denying your settlement payout. For small claims not involving injury, you might want a lawyer for property damage or a bad faith insurance claim. If you were injured, a personal injury lawyer can help you assess all damages. 
  5. Reviews for Mercury Insurance Insurance Association: Mercury Insurance Google Review page 

How can I get a higher settlement from my Mercury Insurance Claim?

Mercury Insurance, a division of Mercury General Corp., is the fourth largest private passenger auto insurance agency in California, with over $4 billion in assets. Although Mercury gets higher marks from customers than most auto insurers, there are plenty of unsatisfied policyholders. Their primary objective is to save the company money by devaluing the claims of their policyholders so they pay out as little as possible.

To receive the maximum amount for your insurance claim, some tips are:

  1. Have an amount in mind that you would like to negotiate to
  2. Document all expenses
  3. Do not accept the first offer
  4. Get the adjuster to justify a low offer
  5. Emphasize the strongest points in your favor
  6. Hire a personal injury lawyer

If you’ve been injured in an auto accident, the best way to ensure you get fully compensated for your losses is to have a Milwaukee car accident lawyer represent you—the kind you’ll find at Warshafsky Law. With experienced personal injury attorneys who have worked for the insurance industry before joining our firm, we know all the tricks insurance companies play to minimize (and deny) payouts on claims.

If your injury occurred on workplace property, while using workplace vehicles, or while carrying out the duties of your job, you may be able to file a workers' compensation and malpractice lawsuit. Schedule a free consultation to determine the true value of your claim.

Injured? it is about the money®

How do I get my Mercury settlement check?

Mercury has an 800 number for policyholders to file claims, and you can call this number 24/7 to file a claim. The Mercury website provides comprehensive information on what to do after an accident, including a list of all the information you need when you file a claim. Kudos for that.

Factors affecting your Mercury payout

Don’t admit fault or volunteer information.

When you call Mercury Insurance to initiate a claim, your call will likely be recorded. Be careful what you say. Admitting any fault will be used to justify minimizing or completely denying your claim.

As part of the claims process, Mercury Insurance will have a claim adjuster gather information from the accident scene, witnesses, police reports and any other sources they can find. What they’re looking for is evidence of who was at fault.

Don’t sign a medical records release form without consulting an attorney.

In personal injury cases, claim adjusters usually ask the policyholder to provide them with a medical records release authorization to verify the extent of the injuries you suffered and what they’ve cost you.

A medical records release form gives an insurer access to your entire medical history, and you can bet they’ll snoop around to find something in your past they can use to put the blame for the accident on you. Don’t sign any release for your medical records without consulting an attorney first.

DIY Personal injury claims: handling a Mercury insurance claim on your own

Although insurance companies claim to be looking out for you, they don’t grow into multi-billion dollar businesses by paying the full value of every claim. The only sure way to get the settlement you’re entitled to is to retain a personal injury attorney to represent you. 

Should you choose to settle your claim on your own, however, there are some things you need to know:

A settlement check is only an offer to settle.

The settlement check you get from Mercury is not the last word on the value of your claim. It’s an offer they hope you’ll take. 9 times out of 10, the offer is nowhere near what you expected. If that’s true in your case, resist the temptation to deposit the check. Once you do, you forgo the right to negotiate for a better settlement.

There is a 3-year statute of limitations on personal injury claims.

When you’re dealing with an insurance company, you have one bargaining chip: the threat of a lawsuit. However, Wisconsin has a 3-year statute of limitations for filing suit. If you haven’t been able to resolve your claim within 3 years and don’t file suit, be stuck with whatever settlement Mercury offers. Keep an eye on the calendar!

If your insurance company says there’s no need to get lawyers involved, there is.

The last thing an insurance company wants to hear is that you’re hiring an attorney. This throws a wrench into their plan to delay your claim until you cave in and accept their lowball settlement offer. They’ll tell you there’s no need for lawyers, yet meanwhile, they have armies of them looking out for the best interests of their business. Bottom line: Get an attorney to represent you.

How to negotiate against a lowball settlement offer

Do your homework.

It’s a good idea to familiarize yourself with what’s involved in personal injury claims. Just reading this is a good start. We’d also recommend reading the most common insurance company tactics used to minimize your settlement. You’re likely to be treated better by an insurance company if you can demonstrate your knowledge of the process.

Do the math.

A serious auto accident is expensive, and you have the right to be compensated for all the expenses you’ve incurred. Save all your medical bills, deductible statements, receipts for bandages, braces, and whatever else you’ve had to buy. You can also add in your mileage/transportation costs when getting to and from doctor appointments.

Costs to consider when calculating the value of your claim:

  • Property damage
  • Car rental
  • Deductible
  • Hospital deductible
  • Prescription drugs
  • Chiropractic care
  • Pain and suffering
  • Lost wages
  • Future medical expenses
  • Subrogation (If your injury accident resulted in damages, your health insurance company has the right to seek reimbursement for their payments)

Don’t be pressured into anything.

Contesting a settlement offer is time-consuming and mentally draining. Insurance companies make it this way in the hope you’ll capitulate and just accept what they’re offering you. Don’t give in to the pressure to settle.

Don’t trust “sign and settle” lawyers.

Any law firm that runs ads boasting about the thousands of personal injury cases they settle should be avoided. These firms are “settlement mills” that just want to get their cut of an insurance payout and move on to the next case. They don’t care if you’ve been fairly compensated and won’t fight for you in court.

Get the opinion of a personal injury attorney experienced in dealing with insurance companies.

Virtually all personal injury firms offer a free initial legal consultation to prospective clients, ours included. Even if you’re committed to handling your claim on your own, it’s worth getting the input of an experienced personal injury attorney to better understand how much is at stake.

Knowing what your claim is worth: Mercury settlement amounts

Warshafsky Law has a long history of taking down Goliaths. Unlike the “sign and settle” law firms, we treat every case from day one as though it will go to trial. Insurance companies know our long history of winning big in court, and their first reaction upon hearing you’re represented by Warshafsky Law will be “What can we do to settle this?” If you get a reasonable offer—one that covers all your losses—we’ll recommend you take it. If not, we’ll take them to court to get everything you deserve.

Warshafsky Law represents Mercury Insurance policyholders nationwide

Although we’re based in Milwaukee, Warshafsky Law represents clients throughout the US. If you live outside the Milwaukee area and can’t come to our office in person, you can advantage of a free initial consultation with one of our attorneys by phone. Should you decide to let us represent you, we won’t ask for payment until you have received your settlement.

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6 WI Car Accident Laws that Impact your claim

How long do I have to file a Mercury Insurance claim in Wisconsin?

While there’s no official timeframe for filing a Mercury Insurance claim, Wisconsin law gives drivers three years to file a personal injury lawsuit. When injuries are involved, a common tactic for insurance companies is to delay your settlement past this point to force customers into accepting a lowball offer.

How much do Mercury Insurance rates go up after an accident in Wisconsin?

If you are considered at fault in an auto accident, your Mercury Insurance rates may go up as much as 77% on average. For drivers with good driving records, this increase is usually temporary. Rates will usually fall after a period of 3-5 years. The exact amount depends on a number of factors including driving and claims history.

How do I get the largest settlement from my Mercury Insurance injury claim?

Insurance companies like Mercury usually make settlement offers lower than the costs incurred from an accident. You may be able to increase your offer by calculating every cost related to your accident, from repairs to cost of transportations to hospital bills. The only way to get the maximum compensation is with the help of a personal injury attorney.

How do I get a settlement offer from Mercury Insurance?

You can file a claim with Mercury Insurance by calling the company’s 800 number or by dialing the number on the back of your proof of insurance card. A claims adjuster may wish to interview you about the accident before you receive a settlement check. When the check comes, do not deposit it if you think it is too low. Once you do, you have accepted the insurance company’s offer and cannot fight for higher compensation.

How can I negotiate settlement amounts with Mercury Insurance?

Mercury Insurance has entire teams of claims adjusters and lawyers dedicated to reducing the amount the company pays out. You can choose to fight this alone by bringing as much detail to the conversation as possible, including all costs and pain and suffering resulting from the accident. Without a lawyer, however, your chances of successfully negotiating a higher settlement are low.