Toledo, OH- Are you a Toledo resident who has been hit by a semi, a tanker or other commercial truck? Did you suffer a significant injury? Are you thinking of filing a truck accident claim? If you answered yes to the last question, you are at going to be dealing with an insurance company that is very knowledgeable about the negotiation process. To get the best settlement for your truck collision, you need also need to have a knowledge of the negation process. Here, USAttorneys will discuss some of the basics.
You can gain an advantage when negotiating with an insurance company if you retain a truck accident attorney in Toledo to negotiate on your behalf. We have a team of well-informed and dedicated personal injury lawyers throughout Ohio who can assist you with all aspects of your truck accident claim.
It’s likely that not long after your crash, you will be contacted by the insurance company representing the truck driver or trucking company liable for your accident. We recommend you say very little to any representative of an insurance company without legal representation.
If you aren’t contacted by an insurer, you can begin the process of recovering compensation by sending a demand letter. This letter details the types and amount of compensation you hope to recover and serves as the starting point for settlement negotiations.
Next, you are going to receive a counteroffer which is probably going to be less than you deserve. Insurance companies typically start negotiations low to reduce their liability, and many be victims just accept that offer. That may not be a wise decision because the value of your claim could be significantly higher, and you may have the leverage to secure a better settlement amount.
In settlement negotiations, an insurance adjuster must be able to demonstrate why the settlement they offered you is appropriate and justified. If you can counter an insurer’s arguments and provide proof of why you deserve a larger amount than you are being offered, you recover the award you deserve.
At the start, you must establish a minimum settlement amount you will accept for your injuries or the death of a loved one. You need to stand firm on that amount and allow your attorney to do the negotiating. This stage of the process can carry on for weeks or months, so patience is the key to obtaining an optimal settlement.
If you, your legal rep and an insurance adjuster cannot agree on an amount, you will have to take your case to civil court. Taking your truck accident claim to civil court can take a long time and could entail costly legal fees, but the pay-off will be worth it.
Negotiating with an insurance company is a complicated process, and you have a lot to lose if you don’t have help. You’ll have a better chance of recovering a generous settlement if you retain a truck accident attorney near you in Toledo to take charge of your case.