Learn the best ways to deal with the insurance company on your own

When you settle a small personal injury case on your own, you are usually saving the typical 25% attorney fee charged in these cases.  You are also usually avoiding the expensive fees that doctors charge to come testify at trial.  However, there are two main factors to consider when you negotiate a final settlement for your case:

1) How much will it cost me to get there?

2) What would a jury award in my case?

Why are these important? Well, if you are considering the second factor, you might want keep in mind both of the aforementioned fees that you are “saving” when you settle your case. Why? Well, mostly because you may be able to settle your case for “slightly less” than the actual “value” from a jury but still manage to pocket more money for yourself.

Once the insurance adjuster receives your complete package and your demand letter, they will typically evaluate the case and get back to you with an offer. Sometimes they may ask for additional records that they need or want to obtain. Keep in mind the statute of limitations when you are thinking about your case. The insurance adjuster is not’t required to remind you of your deadlines! As such, you should always put a deadline in your letter which typically is around 30 days.

After the insurance company makes an offer, you can start negotiating with them as most insurance companies are not’t going to offer their top dollar the first time.  To be honest, the insurance company is actually at an advantage at this stage of the case, mostly because they have a good idea of how much your case is worth in front of a jury. You, on the other hand, probably do not  This fact alone is one of the “unknowns” of attempting to settle your case on your own without any advice or input from an experienced Board-certified, personal injury attorney. However, for most small cases this cost is worth it.

You probably have a lot more questions. Check out GetItSettled to find more answers! If you are interested in hiring a Virginia personal injury attorney, please call (703)584-7277 or visit JustAskBenGlass.com.

Ben Glass
Ben Glass is a nationally recognized Virginia injury, medical malpractice, and long-term disability attorney