Personal injury claim process begins the moment you have reported the injuries as well as started to plan for the claim. Therefore the negotiation process will soon begin and if you aren’t prepared for it, this may trouble you for a long run. Thus you have personal injury attorney who would take care of the scenes.
There are chances that you soon plan to file a personal injury lawsuit with the insurance company, just after the accident there are things or steps that you take in order to get a proper judgment for your case. Well, determining a fair settlement in a personal injury case is tough as there are various complications that arise on a daily basis. This is the reason you have Freehold personal injury attorney who has no good motive in your case but simply to support the victims after the accident if they are innocent. This is the reason you need to have them for your case in order to expect a fair settlement. Now talking about fair settlement there is proper negotiation process that needs to be followed in order to get the results. Negotiation is an art and if you try to do it without knowledge, the result is clearly none. Therefore your professionals are experts and they surely will let you handle your negotiation process with ease. So here are few negotiation processes if you follow you may notice some great results by yourself.
• Filing The Claim
As soon as you are involved in an accident and got done with the injury checkup, the next thing that you possibly do is fight for the rights. If you are a victim of an accident and have no clue about what exactly happened and you are sure about you having no involvement in the negligence, it is best that you plan to file a lawsuit with the insurance company and seek the right compensation that you deserve. For this you need to take an instant step, most of the insurance company accept the filing through a phone call. Also, there are maximum chances where the claim filing is done through an online form.
• The Reservation of Rights Letter
The notification letter that you send to your insurance company, as in the letter that you filed online as a lawsuit filing will get a revert back. For that, your insurance company is going to send you the response of receiving it and starting the claim. So when they send you reservation of rights letter, they basically give you an indication that they are reviewing your case, the claim. In short, they are investigating about your case and collecting important evidence. Your Freehold personal injury attorney will be investigating from their side and both of them will be ready for a negotiation once the investigation is done. It doesn’t mean that they are checking out for your injuries or planning to benefits you, it is important to identify the purpose of reservation of rights letter.
• Sending Demand Letter To The Insurance Firm
One of the most important letters that you submit to the insurance company is the demand letter. Name itself indicates, what is holds or anything that you expect from your latest accident. The amount of recovery you are expecting and the reason why you are expecting the amount with the evidence and proves that shows your injury is what a demand letter holds. This is the reason you need to have a really strong demand letter that convinces your insurance adjuster about the amount of damages you have incurred. Usually, this can be presented well by your Freehold personal injury attorney as they have sufficient knowledge as what needs to be mentioned in a demand letter but it is important for you to explain them in detail about your case only then they can frame it well. Always remember you need to mention, the injuries you have sustained, the days you missed your work, any further out of pocket expenses, travel expenses as well, apart from that the pain and suffering that has incurred.
• The Adjuster’s Response
Well, a little patience you need to put here in order to except a letter from the insurance adjuster. After you have sent them the demand letter, the next process is their response towards the letter, usually, they will not agree directly as per your expected amount. As there is evidence or maybe some queries that they hold in their mind related to your case, so they will put out few points as per their view and try to lessen the claim. There are chances where they may hold some strong evidence to reduce your claim worth. With this, they will provide their side expected claim value for your case. So the letter will hold the facts and figures that they believe. It is your time to reply back or accept if you feel its fine.
• A Counter Offer
This step is when you reject the insurance adjuster offer and put a value a little lower than you have mentioned in the first demand letter. This value is basically considering all the point mentioned by the insurance adjuster in their response letter. So it is better that you have 2 fixed amounts in your mind, one is the least amount you expect from your case and the second is the maximum claim amount that you expect. So with this, you can evaluate that the amount provided by the insurance adjuster fits in the lowest or the highest. And if they have mentioned the claim to be even low than the lowest you estimated, t is best that you deny and make a counteroffer as soon as possible. Your Freehold personal injury attorney will surely guide you through this mess if you are in need of some expert help to estimate your claim.
• You Accept or Reject
Lastly, after you have sent another demand letter to the insurance adjuster, the negotiation process will continue till the time you reach a fair settlement, or till the time to plan to take your case to the court because of not getting a proper judgment by the insurance adjuster. It depends on the situation that arises if the insurance adjuster denies providing you fair value you can plan to take your case ahead. So you can either accept the offer if it fits in your estimated claim value and if it doesn’t your injury attorney knows better what could be the best for you.