How to negotiate with insurance company after car accident; It can be a stressful experience to be involved in an automobile accident. It's important to understand the basic steps in negotiating with your insurance company after you've been involved in an accident, as well as how to get the best settlement possible.

Gather Evidence

In order to negotiate with an insurance company, you need to gather evidence. There are a few things to consider:
• Get the police report for your vehicle and for any witnesses who may have been at the accident scene.
• Request an accident report from the insurance company that insured the other driver’s vehicle.
• Request copies of medical records from all healthcare providers involved in your treatment following the accident. If possible, ask them to include their billing codes so that you can provide this documentation to your own healthcare provider later on if needed when filing a claim against your PIP coverage limits (if applicable).

What's Your Injury Worth?

When negotiating with an insurance company, it is important to remember that they will not pay you what your injury is worth. The best way to find out if your settlement offer is reasonable or not is by doing research on what other people in similar situations have received in settlements.
You can start by looking at settlements in your area and asking friends and family members who have been injured what their injuries were worth. You can also look up the amount of money that the insurance company has paid out for similar cases in the past using online resources such as the database provided by Nolo (www.nolo.com/legal-encyclopedia/personal-injury-settlements). This will give you an idea of how much you should be asking for based on publicly available information about previous settlements made by companies like yours.

The Initial Offer

The initial offer is not always the final offer. The insurance company will make an initial offer, but this does not mean it is the only offer you will receive. It’s a starting point for negotiations and often low. The insurance company will use this initial offer to gauge your reaction and decide how much of their policy limit they should spend on settling with you.
The insurance company wants to settle quickly, which means they want to minimize their costs by paying as little as possible while still being perceived as fair by the claimant (you). In fact, if they settle too high too early in negotiations then they risk losing credibility with other claimants who may try to negotiate similar claims down because they feel like “the guy next door got paid more than me!” or worse yet “they are overpaying people on purpose now!”
Read More: https://autoremedy365.com/how-to-negotiate-with-insurance-company-after-car-accident/