You expect fair treatment after suffering injuries in a motor vehicle accident. Unfortunately, insurance companies have a reputation for making low settlement offers that do not reflect the true value of claims.
Some people give in and take what they can get, but that doesn’t need to be the only choice. Consider these next steps when an insurer makes an unjust offer, especially in a state with at-fault accident laws like Connecticut.
Gather evidence
Collect all documentation that supports your claim and validates your injuries. Examples might include medical records, police reports, photos or video of the accident and witness statements. Detailed evidence will strengthen your position and help to justify a higher settlement amount.
Make a counteroffer
Draft a counteroffer that correctly reflects the value of your claim. Include the evidence you gathered, along with a detailed explanation of why the initial offer is insufficient. A clear and concise counteroffer can prevent misunderstandings when communicating with involved insurance companies.
Enter negotiations
After sending your offer, you may need to negotiate a fair settlement with the insurance company — a process that could involve several rounds of offers and counteroffers. Remember, insurers have extensive experience in negotiating settlements. A legal representative can help prevent missteps and level the field throughout the negotiations.
Consider a lawsuit
Unfortunately, not all insurance settlement negotiations end successfully. In such cases, a lawsuit could be the solution if you still cannot obtain the compensation you deserve. As with the negotiating process, experienced legal guidance can protect your interests and rights and give you a partner to represent you in court.