America Top 10

  • Home
  • Find A Top 10 List
  • News & Information
  • Our History
  • Contact Us

Insurance Settlement Negotiations

June 7, 2016 By Elizabeth Leave a Comment

For most people who’ve had the misfortune of an accident or the like, insurance adjusters can be their best friend or their worst enemy. But most likely, it is more of the latter. In addition, in some cases, the insurance adjuster has also subsequently come to a settlement you are not satisfied with it. What can you do when this happens? Here are tips regarding proper insurance settlement negotiations, which spans the aftermath of the incident itself, up to reaching a settlement that you are happy with.

Note that you and your adjuster have a mutual interest in settling your claim promptly and fairly but you will both have different ideas of what’s fair.  An insurance adjuster’s job is to settle claims for as little as possible and you’re only after what’s best for you. You want to be fairly compensated for your damages, and the adjuster wants to close out your claim as quickly and cheaply as possible

Also, insurance companies exist to make money and because of this, insurance settlement negotiations will most likely be needed. You can do your part by making sure that you’re being treated fairly.

Immediately after the incident, start preparing a settlement packet. Keep all of your papers organized in files, and use a notebook to write down general notes and summaries of your conversations with the adjuster. You should also keep and organize the following important documents:

  • Medical bills
  • Receipts for medications
  • Proof of lost wages
  • Car repair invoices
  • Estimates for personal property damage
  • Proof of miscellaneous expenses

After undergoing the necessary medical attention or treatment, mail your completed settlement packet, with your demand letter and copies of all documentation relating to your insurance adjuster. Don’t skip a thing and include everything relevant. After sending these important documents, patiently wait for a settlement.

Be informed, persistent, and committed to negotiating a settlement that’s fair for you. Be realistic when making your first demand. Ask for what’s fair, like for example, asking for  three times the total of your medical bills, plus out-of-pocket expenses, and lost wages will be completely reasonable.

Lastly, finish negotiations as you began them. Be professional and committed. The result should be a settlement you’re happy with. In the end, you’ll realize that good settlements don’t just happen, they must be earned and you just did.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Random Fact

One in every 4 Americans has appeared on television.

  • Facebook
  • Google+
  • Twitter

Related Information

<?php echo Easy Wicking Tubs; ?>

Easy Wicking Tubs

June 18, 2019 By Elizabeth

<?php echo What is a Neurologist; ?>

What is a Neurologist

June 16, 2019 By Elizabeth

<?php echo Birdhouses from Recycled Material; ?>

Birdhouses from Recycled Material

June 14, 2019 By Elizabeth

<?php echo Rained In? Go to the Library!; ?>

Rained In? Go to the Library!

June 12, 2019 By Elizabeth

<?php echo Benefits to Brow Threading; ?>

Benefits to Brow Threading

June 9, 2019 By Elizabeth

About America Top 10

It is all thanks to you! We never envisioned when America Top 10 launched way back in 2011 that we would come this far this fast. And it is all thanks to you. You have made America Top 10 the successful resource it is for tens of thousands of people like you every single day.

And we cherish all the wise advice, suggestions, questions, and comments you send us every day even if we do not get a chance to get back with every single one. We take pride in helping people find trustworthy sources in their local areas and we hope to keep doing this for a very long time.

Recent Articles

  • Nerve Neuropathy
  • Easy Wicking Tubs
  • What is a Neurologist
  • Birdhouses from Recycled Material
  • Rained In? Go to the Library!

Search

Copyright © 2022 America Top 10. All Rights Reserved.