Negotiating a higher personal injury settlement can be a daunting task, especially if you are unfamiliar with the process. It is important to understand that the insurance company is not likely to offer you the maximum amount you are entitled to, so it is up to you to make sure you get the best settlement possible. Here are some tips to help you negotiate a higher personal injury settlement.
Have a Specific Settlement Amount in Mind
Before you begin negotiating, it is important to have a specific settlement amount in mind. Do your research and figure out how much you should be asking for based on the facts of your case. This will give you a starting point and will help you stay focused during the negotiation process.
Do Not Jump at a First Offer
When the insurance company makes an offer, it is important to remember that it is likely not the best offer they are willing to make. Do not jump at the first offer they make. Instead, take some time to think about it and make sure it is fair.
Get the Adjuster to Justify a Low Offer
If the insurance company’s offer is lower than what you were expecting, it is important to get the adjuster to justify the offer. Ask them to explain why they are offering such a low amount and make sure you understand their reasoning.
Emphasize Emotional Points in Your Favor
When negotiating a settlement, it is important to emphasize the emotional points in your favor. For example, if you have suffered a significant amount of pain and suffering due to the accident, make sure to emphasize this point.
Wait for a Response
Once you have made your counteroffer, it is important to wait for a response. Do not be too eager to accept a low offer. Instead, wait for the insurance company to make a counteroffer and then negotiate from there.
Know When To Engage an Attorney
If the insurance company is not willing to make a fair offer, it may be time to engage an attorney. An experienced personal injury attorney can help you get the best settlement possible.
Put the Settlement in Writing
Once you have reached an agreement, it is important to put the settlement in writing. This will ensure that both parties are clear on the terms of the settlement and will help protect your rights.
Negotiating a higher personal injury settlement can be a difficult process, but with the right approach, you can get the best settlement possible. By following these tips, you can ensure that you get the compensation you deserve.