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Personal Injury Lawyers Indiana 317-881-2700<\/p><\/div>Negotiating a final settlement in a personal injury case is a common occurrence. It is much like buying a used car from a dealership. The salesman wants to sell the car at the highest price possible, while the customer wants the best price possible. So the negotiations continue until both parties are satisfied. An insurance adjuster and personal injury victim both want to come out on top during the negotiation process. <\/p>\n
Although the insurance adjuster knows roughly how much the insurance company will pay out to the injured victim, they will try their hardest to negotiate the smallest payout that the victim is willing to accept. The victim knows what their personal injury damages are worth, so their attorney tries their hardest to get the highest possible payout from the insurance company or opposing party. <\/p>\n
There are a few predictable circumstances and steps to the negotiations process that injured victims should familiarize themselves with in order to be better prepared when the time comes to recover the full and fair compensation they deserve after an accident. Continue reading to learn some common approaches to negotiating a personal injury settlement. <\/p>\n
Settlement Negotiations Between Both Parties<\/h1>\n
The victim\u2019s lawyer will ask for the highest amount first in a written demand letter. The insurance adjuster or opposing party will likely contest that amount by refuting the degree of liability or finding something else wrong with the claim. They may state that certain treatments, surgeries, or therapy was not necessary, or use some other type of similar excuse. <\/p>\n
Once this happens, the victim\u2019s lawyer will respond by negating their allegations and then asking for a certain amount of compensation for a second time. This is the time that the insurance company will counter with an insulting, low-ball offer to see if they can get lucky in the case that the victim is simply in a hurry to get a settlement check. <\/p>\n
This is when the victim\u2019s legal team responds by vaguely acknowledging the insurance adjusters interferences, and lowering the initial compensation request, but only slightly. At this time, an insurance adjuster is more willing to raise their low-ball offer, and most often do. <\/p>\n
With a higher offer, the victim and their lawyer have the option to either accept the offer or to counter once again with the same compensation request, or one that is slightly lower once again.<\/p>\n
This process continues like this until both parties come to an agreement on full and fair compensation for a victim\u2019s damages. If an agreement cannot be made, then the case will go to court and a judge will decide the appropriate compensation.<\/p>\n
Craven, Hoover, and Blazek P.C.<\/h2>\n
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<\/a>Personal Injury Lawyers 317-881-2700<\/p><\/div>Call Craven, Hoover, and Blazek P.C. at 317-881-2700<\/strong> for information about personal injury claims in Indianapolis, Indiana. Attorneys, Daniel Craven<\/a>, Ralph Hoover, and Keith Blazek retain extensive experience in litigation and personal injury law, and are eager to represent your case. We offer free initial consultations and never collect lawyer fees unless we win your settlement. If you or someone you love has been recently injured as a result of another\u2019s negligence, contact one of our seasoned Indianapolis personal injury lawyers<\/strong> for information regarding your rights following a serious accident. <\/p>\n","protected":false},"excerpt":{"rendered":" Negotiating a final settlement in a personal injury case is a common occurrence. It is much like buying a used car from a dealership. The salesman wants to sell the car at the highest price possible, while the customer wants … Continue reading