7 Steps To Achieving The Best Personal Injury Settlement
Whenever you’ve been injured in an accident that wasn’t your fault, you should turn to an experienced personal injury lawyer for expert legal advice, filing your claim, and if necessary, presenting your case to a judge and jury. If you are seeking compensation for damages, a personal injury lawyer can devise a negotiation strategy that will help you achieve the settlement amount you are hopeful of. These 7 steps will be helpful.
Decide on the amount of compensation that you feel you’re entitled to – when writing your demand letter, you and your personal injury lawyer must evaluate your case in order to determine the amount of compensation you feel you deserve.
Never accept the insurer’s first offer – remember, the adjuster is there representing his company’s best interests, not yours. Consequently, he will make a very low offer initially. This tactic is used to determine if you know what your claim is worth.
Ask for the adjuster to justify that offer – just because the size of that initial offer is obviously too low to be anything more than a negotiating tactic, it doesn’t mean that you should lower the amount you put in your demand letter. Demand an explanation for the low amount of the offer and then make notes of the adjuster’s response. Next, write a letter containing a response to each of the factors or reasons behind that offer.
Emphasize the emotional factors of your case – mention every emotional factor that supports your personal injury case. Even though you cannot assign a dollar value to each factor, these points can be an extremely powerful settlement tool.
Be patient and wait for the adjuster’s response – if you decide to reduce the amount of your demand, do so only once until you’ve received a better offer from the adjuster. If their offer is still too low, hire the services of Personal Injury Lawyer in Vancouver cover those emotional factors again.
Know when it’s time for a personal injury lawyer – if you’ve done everything you can to settle with the insurer, but their offer is still insufficient, talk to a personal injury lawyer regarding your case as well as the insurer’s reluctance to settle with you. However, it is important to ensure that the lawyer you hire is experienced and expert lawyer that has handled such claims in the past.
Get the settlement in writing – it’s unfortunate but a promise and a handshake cannot be trusted anymore. Once you and the adjuster have reached an agreement on the amount of your settlement, send a letter of confirmation to them. There’s no need to elaborate. Just keep it short and to the point.