Tips for Negotiating Your Car Accident Settlement
There are nearly two million Americans each year who suffer injuries from car accidents across the country, and there are at least 20,000 car accidents that end up becoming fatal. It is no surprise then that car accident settlements are on the rise. With this increase in accidents comes an increase in the need for legal professionals who are well aware of the tactics needed in order to properly negotiate a successful car accident settlement and who can help those who have suffered from such terrible accidents to receive compensation for their injuries.
If you are someone who has gone through a car accident, you may now be facing the necessary task of making a claim with the insurance company of the driver who was at fault for the accident. There will be vital steps that you will need to take in order to ensure that the negotiation process is successful. There are several books and resources on this subject; however, if you would like some quick tips, here are a few for negotiating a car accident settlement.
To start, after your accident, you will want to make sure that you have sought medical attention for your injuries and that you have documented all injuries as well as the expenses that you have incurred related to any medical treatment you receive, wages you have lost, and costs for car repairs and car rentals. You will also want to ensure that you have all the necessary paperwork related to your accident, including any photos that may have been taken of the accident and your injuries, any witness statements that you have in your possession, as well as a copy of the police report that was filed for the accident.
Having all of these materials will make the next step of the process much simpler. The next thing that you will need to do is to retain the help of a legal professional. This professional should be an attorney who has practical experience negotiating a car accident settlement. During the negotiations with the insurance company, your attorney will work for you in order to make sure that you receive an appropriate settlement that will compensate you adequately for your injuries. They might also make a request for arbitration, mediation, or some other form of alternate dispute resolution if your particular situation requires it.
After you have gathered documentation, and begun working with your attorney, the final thing you will need to do is to have patience and perseverance. A car accident settlement is not something that is completed overnight, and negotiations may require a great deal of time in order for both parties to come to an agreeable settlement. The truth is, your attorney may go back and forth with the insurance company for several months, negotiating based upon the extent of injuries that have been incurred as well as the accident survivor’s loss of earning potential.
A successful car accident settlement starts with you and your determination, and ends with the experience and knowledge of a qualified legal professional. Before moving forward with any claim, always make sure that you have someone on your side who can guide you and your family through the process.