How do I Dispute What The Insurance Company Says My Claim Is Worth?
Every driver is required to carry a minimum amount of insurance on his or her vehicle to ensure that he or she is covered in the event that the driver is involved in an automobile accident. Likewise, businesses and other individuals and entities oftentimes take out insurance in the event that someone becomes injured on their premises. While the whole purpose of paying an insurance company every month is so that you’ll be insured in the event that you get into an accident, that doesn’t always mean that the insurance company will always be willing to part with their money. Oftentimes, insurance companies will say that your claim is worth way less than you believe it is. Fortunately, you don’t have to settle for the first figure that an insurance company throws at you. You can, in fact, dispute what the insurance company says.
Do You Need to File Arbitration or a Lawsuit?
Most of the time insurance companies want to attempt to settle insurance claims outside the courtroom so that they don’t have to pay legal fees and waste valuable time and resources on litigation. Therefore, in most cases, you can file a demand for arbitration to attempt to arbitrate or negotiate with the insurance company. Arbitration gives both sides the opportunity to come to a satisfactory resolution without involving the court system in the process.
If the insurance company isn’t cooperating during arbitration or you don’t anticipate cooperation, then you might need to file a lawsuit. Whereas arbitration requires the consent of both parties to enter into it, a lawsuit does not. When you bring a lawsuit against an insurance company, the company is required by law to attend court in defense of the lawsuit unless they decide to settle outside of court.
How Do I know How Much My Claim Is Worth?
If you’ve never been involved in a personal injury case before, then you likely aren’t familiar with how much money you’re entitled to. The specific amount that your claim is worth varies depending upon numerous factors, such as what your specific injuries are, the state you’re filing the claim in, who’s determined to be at fault for the accident and so on. Generally speaking, your the medical expenses you incurred as a result of the accident, any property damage you incurred, any wages you lost due to time missed at work because of the injuries, whether or not you’re permanently disabled from the injury and whether you suffered any additional economical or emotional, mental or psychological damages all factor into how much your claim is worth. One thing is for sure. It’s pretty safe to say that you should never accept the first offer the insurance company makes to you without first speaking to a personal injury lawyer.
Personal Injury Lawyers Can Help
When you become injured in any sort of accident, the first measure you should take when you’re able to do so is to contact a personal injury lawyer. Personal injury lawyers possess intricate knowledge of the judicial system. More likely than that, they’ve handled their fair share of personal injury cases and are well accustomed to dealing with stubborn insurance companies. Additionally, they’ve developed the ties and relationships with insurance companies and within the court system to negotiate you the best possible settlement for you claim. Personal injury lawyers know the laws governing different types of personal injury cases in your state, so they can help ensure that the insurance company pays you what you’re entitled to. Personal injury lawyers will also fight aggressively for you and represent you in a court of law to ensure that your rights aren’t violated.
What Else Can I Do?
The more information you can provide your personal injury lawyer with, the better. Provide your personal injury lawyer with as many details about the accident as you can. It’s best if you can snap photos of the accident after it happens, but if you can’t, try to write down as much as you can remember as soon as possible after the accident since your memory and little details can begin to fade the more time elapses between the date of the accident and the present. Also, provide your lawyer with as much documentation as possible in the form of medical bills, work absentees and so on since this will all help him or her prove your case later on if necessary.
May 17, 2018
Spodek Law is a great firm. They are super pragmatic