Being involved in a car crash is often an expensive event. You have to think about the comprehensive cost of the situation when seeking compensation, which can include medical bills, property damage and potentially having to miss work.
Some people mistakenly think that their expenses will be covered just because they have car insurance. Unfortunately, the sense of security that comes with an insurance policy is sometimes misleading.
Insurance companies are in the business of making money, so they often try to employ methods to reduce the compensation that victims of crashes receive. It’s up to you, as the victim, to battle for the compensation that you are rightfully owed. Consider these tips as you move forward.
Gather comprehensive evidence
Start by collecting detailed evidence at the crash scene. This includes taking photographs of all vehicles involved, documenting the scene and gathering witness statements. This enhances the likelihood that you have a solid base to support your claim, which can counter any attempts by adjusters to minimize the damage or question the wreck’s circumstances.
Understand the full extent of your damages
Before entering into any negotiations, thoroughly assess your damages. This assessment should encompass immediate vehicle repairs and longer-term costs like medical expenses, lost wages and any necessary compensation for pain and suffering. Understanding the complete picture of your losses is crucial to prevent the insurance adjuster from undervaluing your claim.
Be cautious with recorded statements
Insurance adjusters may ask for a recorded statement early on. While it might appear to be a standard procedure, it’s a tactic that can be used against you. Politely decline to provide a recorded statement until after consulting with a legal representative so you don’t unintentionally weaken your position.
Resist the urge to accept the first offer
Adjusters often present an initial offer below the actual value of your claim, banking on your desire for a quick resolution. You can work towards a fairer settlement by carefully evaluating this offer against your damages calculations and negotiating with evidence-backed counteroffers.
Engaging a legal representative may change the dynamics of your insurance claim negotiations. A legal representative familiar with Maryland’s traffic laws and insurance regulations can navigate the complex negotiation process and counter adjuster tactics. This may allow you to benefit from a claim that more closely reflects your actual damages. Having a legal representative already familiar with your case can also be beneficial if you have to turn to a personal injury claim to get the compensation you’re due.