Every day, car accidents occur, injuring almost three million people each year. Two million individuals involved in vehicle accidents have lifelong injuries that will affect them for the rest of their lives. The sooner your vehicle accident claim is settled, the sooner you can focus on your rehabilitation.
However, if you’re like most people, you’re probably thinking if you need to hire a car accident lawyer. Here’s how to settle a vehicle accident claim without hiring an attorney so you can make the best option for your requirements and budget.
Determine the amount of your losses:
Before you begin negotiating a settlement, be sure you have a clear understanding of the losses you have sustained. This is in addition to any physical damage to your car and any injuries you may have sustained. Add up all of the costs you’ve incurred since the accident. Include everything from auto repairs and medical bills to missed wages due to time off.
You might also be able to include future costs in your total damages. Make a note of it if your injuries prohibit you from working in your usual employment for numerous years. Those potentially lost wages may be eligible to be included in your overall damages.
Speak with the adjuster at the insurance company:
You must first meet with the insurance adjuster to see what they are prepared to cover after you file your claim before you can begin working toward a settlement. They’ll look into the damage to your automobile as well as any medical bills you’ve incurred as a result of the collision. They’ll utilize this information to come up with a payment sum that seems reasonable to them. It’s unusual for such payments to be sufficient right away.
To get the most out of your settlement, you’ll need to bargain with the insurance company. Put your emotions on hold if you’re interacting with an insurance provider. When you speak with them, you should be calm, cool, and collected so that you can pay attention to what they say and spot any issues with their perspective as they arise.
Create your demand letter by following these steps:
It’s time to write your demand letter now that you know how much the insurance company is ready to pay. This is your opportunity to explain why the insurance company’s compensation is inadequate and why you want additional funds. Take care to describe the degree of your injuries and losses in as much detail as possible, preferably with real numbers.
Explain why the other motorist is accountable for those additional costs and why their insurance company must compensate you. Though unusually, a demand letter would suffice to raise your settlement amount to the desired level, it’s a good place to start. It sends a message to the other insurance company that you’re willing to battle for what’s rightfully yours.
They’ll respond with a counter-offer after they get your message. You have the option of accepting the counter-offer or continuing to negotiate at this stage. You’re done if you accept the settlement, and you can concentrate on getting your life back to normal. If you keep negotiating, though, you’ll almost certainly need to take the issue to court if you want to receive the maximum money.
Before coming to court, do your homework:
Make sure you’ve done your homework before going to court. Be aware of the fees involved in simply bringing a matter before a court. Administrative expenses, court fees, and the possibility for further lost revenue due to time spent in the courtroom rather than at work are all factors to consider.
Try to settle the vehicle accident suit outside of court if at all feasible.
You’ll meet with the other driver’s auto accident lawyer to reach an agreement on fair compensation. This will save you time, money, and the cost of hiring an auto accident attorney to defend you in court.
If you decide to take your case to court, do your homework on the sorts of settlements other drivers in your situation have obtained in past lawsuits. This will assist you in better understanding your selections and winning prospects. Remember that if you lose, you may be responsible for the other drivers’ legal bills. The better prepared you are for your next court appearance, the better.
Wait for the judge’s decision before accepting the settlement:
The court will decide how much of a settlement you receive after hearing your case. That sum will be larger than what the insurance company first provided if you represented yourself well. If you were unable to build a strong case, the judge may rule that the insurance company’s first payout was sufficient. You’ll be able to close your vehicle accident claim and go on with your life after you accept the settlement.
Recognize that expressing yourself isn’t always the greatest option
While representing oneself in court and settling a vehicle accident claim without employing a car accident lawyer is feasible, it is not recommended. Attorneys have vast expertise assisting clients in obtaining the compensation they are entitled to. Even better, they may speed up the settlement procedure, allowing you to obtain your money sooner. They’ll be able to build your case and argue on your side against the insurance company’s expert legal team if you wind up in court.
You now know how to settle a vehicle accident claim without retaining the services of an attorney:
If you’ve been in an accident, the first thing that comes to mind is probably saving money. You’re ready to present your case now that you know how to settle a car accident claim without an attorney, but that doesn’t mean you should go it alone. Rather than attempting to represent yourself, let the Kerley Schaffer team assist you in obtaining the compensation you deserve. To book a free consultation, please contact us immediately.