Dealing with the aftermath of a traumatic incident can be hard, especially if you suffered an injury. It is essential to acknowledge the basics of negotiating an insurance settlement in Huntington Beach. If the thought of negotiating with an insurance agency is overwhelming, experienced Huntington Beach car accident attorneys at El Dabe Ritter Trial Lawyers can help.
The priority of insurance companies is to maximize profit, which is why they will try to pay the smallest amount possible for your claim. The following tips can help set you on the correct path to successfully negotiating an insurance settlement in Huntington Beach.
Report the Accident Immediately
The first step is to report the incident to the insurance agency soon after it has occurred. Most insurers have rules that mandate prompt reporting. If you wait too long to inform the insurer, you could hurt your chances of recovering damages.
It is vital to comply with all the rules of reporting claims. You should provide the insurance firm with all the relevant information and paperwork to help process your claim.
Prepare Before Any Follow-Up Calls
Since California is a fault auto insurance state, you will need to file a car accident report with the liable party’s insurance provider. The claim process has to start from the insurer for the at-fault party.
Under civil law, it is the responsibility of the liable party to pay for your losses. A claims adjuster, also called a claims analyst from the at-fault party, will contact you to help gather information about what happened. Before you reply to the call, get ready for a potentially hard conversation.
You are legally not obligated to agree to provide a recorded statement, and you can politely decline if the adjuster becomes so hard on you. The statement can be used against you. Keep all your answers short, full of facts, and truthful. If you are not comfortable with speaking to an adjuster, you can hire a lawyer to talk on your behalf.
Do Not Agree to the First Settlement Offer
One of the first things to remember when negotiating an insurance settlement in Huntington Beach is to decline the first offer. Generally, the first offer is not as high as the insurer is willing to go. Most insurance agencies give low starting offers because they know that a majority of claimants will not consult a lawyer about their rights.
Many claimants make the mistake of accepting the first offer without knowing they can bargain for a higher value. Consult a competent attorney before agreeing to any settlement offer.
Negotiate With Solid Proof
The strength of an insurance settlement negotiation is in the incident-related evidence and paperwork. Try to argue for a higher payout using your healthcare records, police reports, assessments from medical professionals, and comparable cases.
Having proof of your damages to present to the insurance agency can increase your chances of receiving a higher insurance settlement offer. An attorney can assist you in finding and preserving critical pieces of evidence.
Contact El Dabe Ritter Trial Lawyers
It may be wise to have legal representation during negotiations for an insurance settlement. El Dabe Ritter Trial Lawyers can help increase your odds of receiving the right amount in compensation from an insurer. Contact the offices of El Dabe Ritter Trial Lawyers to learn more about how to negotiate insurance settlement and schedule a free consultation.