5 Easy Tips for Negotiating with an Insurance Company

Insurance Company Advice | Mike Lewis Attorneys

It doesn’t matter what kind of accident or injury you’ve suffered—when the time comes to start settling your claim, an insurance company is likely to come into the picture at some point in time. It’s unfortunate, but these organizations are rarely eager to pay out the full amount that you feel you deserve to recover from your injury. It’s vital to understand the tools you need to challenge their lowball offers and difficult sign-away tactics. Learn these easy tips for negotiating with an insurance company so that if you’re hurt in car accident or other injury, your case goes as smoothly as possible.

Know What You Want

The first step in negotiating with an insurance company is to know what you want. Keep the settlement amount you think you deserve in mind from step one to closing. You may not end up with every last cent, but knowing how to value your claim and keeping a minimum and ideal amount ready will provide you with much more solid ground.

Don’t Sign Lowball Offers

It’s a foregone conclusion: the insurance company is likely to lowball you at first. Their goal is to pay out as little as possible. Never just sign away on the first offer, even if it’s more than you expected. This is a tactic to see if you know what you’re doing or if they can get you to just sign away your rights.

Demand Justifications

Instead of signing off on the low offer, make them justify it. Keep notes about their rationale or excuses, and respond to each point in writing. If anything they say is actually reasonable, you might lower your demand somewhat, but first see if they’re willing to come up before you go down. Ask them to respond to your response—this give and take is part and parcel of negotiation.

Play on the Emotional Factors

You’re the victim in this. You know it, and the insurance company knows it. Make sure they don’t forget it. Play on the facts that support your claim. Your injury is painful. It’s interfering with your ability to live your life. Refer to photos and evidence that support your claim and tug on emotional strings.

Car Accident Attorneys

Whether your case is a slip and fall, premises or product liability or of the “hurt in car accident” variety, it’s vital to have an attorney in your corner to help take on the big business of insurance agencies. An attorney will be your best friend and ally through this process. Lawyers have the expertise, experience and ability to tackle the tough tactics of insurance companies and to go toe-to-toe with their legal teams. Best of all, with no fees unless you win, you’ve really got nothing to lose.

If you have been injured in a car accident, don’t wait. Look at our personal injury services and give us a call for a consultation on your case today!

Call 866-299-1769 or use the Free Case Evaluation form to schedule a free consultation.
  • Reasons to Hire a Greensboro Car Accident Lawyer

    Reasons to Hire a Greensboro Car Accident Lawyer

    After being hurt in a car accident, it’s common to have to deal with a wave of emotions, including anger and frustration. While this is certainly understandable, it can cause you to respond to the accident the wrong way, possibly …Read More »
  • Getting Your Medical Records: Your Rights

    Getting Your Medical Records: Your Rights

    When the time comes to get access to medical records, it’s imperative that you know your rights. These rights include the ability to access your records whenever you need them, regardless of whether you’re switching doctors, pursuing a personal injury …Read More »
  • Can I Make a Wrongful Death Lawsuit Claim?

    Can I Make a Wrongful Death Lawsuit Claim?

    When someone dies through the fault of another person, there are two types of legal cases that can be brought. The first of these is the criminal case, which can result in prison time, fines, probation or other censures. The …Read More »
  • Protecting Yourself in Adverse Driving Conditions

    Protecting Yourself in Adverse Driving Conditions

    If you’re like many people, then you dread the possibility of being involved in a serious auto accident. While a car wreck can happen virtually any time you get behind the wheel, they are a particular threat during bad weather …Read More »
Call Us Toll Free 866-299-1769