Things to know in negotiating insurance claims
- Get facts straight
People who process insurance claims need detailed, specific information about the accident in order for them to properly determine the best course of action for your situation. If you do not give them the right information about the accident then chances are that they might not be able to help you with your claim. It is important that you organize and have the necessary evidences of your claims.
Think of it as a courtroom where you need to prove that the company needs to help you as per the agreement in the contract. You need first to prove that the accident or your situation is under the technical and specifics of your terms and conditions. You need to remember that they are a business and them paying for your damages means less profit for them. You need to fight for your claim.
Having data and documents ready shows that you are mean business. This also means that competent and will not be taken advantage of. This will help make the negotiations lean in your favor better.
- Do your homework
You need to do your homework before going to the adjusters. You need to know at least estimates of the damages that you have incurred. How much you are liable for and what is the terms and conditions of your insurance. Do this before going to talk to the adjusters.
- The conversation with the adjusters
After you have given the company all the required data and information about your situation, what usually happens is that the actual negotiations ensue. These individuals are affiliated with the company and will stop at nothing to save their profits. They will use various strategies to let you feel that you will have the upper hand in the settlement they will offer. Of course, the only way for you to counter this tactic is to know about the terms and agreements as well as the worth or value of your claim so that you know what to say and do.
- The fight not yet over
The fight for compensation is not yet order. If you have a comprehensive agreement with the company you are working with, you might be able to make the company pay for some other things such as medical bills, reimbursement for times that you are absent at work as well as compensation for pain and suffering that you might feel.