It is supposed to be an easy process to file an insurance claim after a car accident. After all, the negligence of the client has caused your injury. As such, what is the cause of their low-balling? Sadly, the sole purpose of insurers is to make more money. Most times, insurers make low settlement offers with the hope that you will accept the offer quickly. Therefore, what should you do when you see this lowball offer?

Instead of accepting such an offer, contact Fetterman & Associates, the West Palm Beach personal injury lawyer, and they will offer you 100 percent free consultations. You won’t have to pay anything unless you recover compensation. Zantac Lawsuit Lawyer

Analyze the Offer

Firstly, you need to remain calm when you receive a low settlement offer. Don’t make the mistake of firing back with a quick emotional response. Doing this may result in an even bigger mistake to accept it. Whether the other side is an insurance claims adjuster or a defense attorney, you must maintain a professional relationship with them even when you need the money, or you’re upset. Don’t forget that this initial offer from an insurance company is usually a starting point for settlement negotiations.

How to Respond to the Low-Settlement Offer

Respond to them in writing. You may want to evaluate the basis for the low initial offer by calling or emailing the adjuster and ask them some specific questions before you write a formal response. The response from the insurance adjuster to some of your questions will guide you when you’re drafting your official response and counteroffer. florida business interruption lawyer

Other claimed losses or insufficient information about your injuries might be the cause of the initial offer. You may have to provide them with updated and itemized proof of lost income, medical bills, and other relevant records.If you don’t have this part of the information inthe initial demand letter, your counteroffer or response must have it and focus on the more emotional and subjective points of your case.

You won’t have to repeat the factual timeline of your medical treatment and the accident since you have already given sufficient information in your initial letter. You might not have colored in the effects of your injuries even if you’ve given the date and costs of your wrist surgery. Therefore, you will have the benefit of focusing on your non-economic damages in your formal follow-up correspondence, including pain and suffering, as well as other emotional effects of the accident. This situation might even affect your favorite hobby of painting. There will be variance in sensitive points based on each unique case.

Request the Driver’s Policy Limit

The policy limit is one of the significant issues when it comes to negotiating an appropriate insurance settlement. An insurer will not accept any amount higher than the driver’s policy limit, which may be less than you need. Work with your attorney to find out the driver’s policy limit. With that, you can understand the need for a personal injury lawsuit or the likelihood of getting what you need through the insurer. However, you won’t get this information from insurers. west palm beach accident attorney

Articulate Your Counteroffer

You don’t need to respond with an unreasonably high counteroffer to a low personal injury settlement. Also, when you want to approach personal injury settlement negotiations, try to be detailed and professional about it. Consider the potential assets of the at-fault party, the applicable insurance coverage limits, and the amount you believe you deserve. You may think you deserve $30,000 based on your injuries. However, the other party can have low insurance policy limits. As such, you may get a $15,000 offer from the insurance company. You can go between $25,000 and $20,000 for a reasonable counteroffer.

Regardinga personal injury case, you will have to deal with more than one counteroffer. Remember that a standard part of the personal injury settlement process is this kind of back-and-forth negotiation even though it may appear like a waste of time.

Decide If You’ll Go to Court

Deciding if you will be willing to go to court to obtain compensation is a tough part of insurance settlement negotiations. The insurer won’t just accept your counteroffer like that. Instead, you may get the same amount as the first of something slightly higher. Consult your attorney to assist in communicating with the insurer to negotiate an acceptable amount. However, if the negotiations stall, you need to be aware of whether you would accept a less-than-ideal amount or are prepared to fight in court. west palm beach accident lawyer

Let Fetterman & Associates Handle Everything

It is not as simple as you see it when you have to deal with an insurance company after a car accident. As such, your best chance is to contact West Palm Beach personal injury lawyer like Fetterman & Associates as soon as possible. Experienced lawyers at the firm will explain your rights to compensation, identify when a lowball offer is made, and negotiate on your behalf for a better settlement.