Statistics around the car accident cases in the US show that most of the cases don’t make it to the trial and are settled out of the court. When it comes to settlement, it can be tricky sometimes, this is why you need an expert like Naqvi Accident Injury Lawyer by your side so that your voice and demands can be heard.
If you wish to get fair compensation, it is important that you are well aware of a few steps that are involved, let’s have a look at them.
Drafting a demand letter
It is the first step in the direction of a car accident settlement. If you are the one who got injured in an accident you will draft a letter containing your demands. There are a few things that a good statement letter contains, it has a narration of the events that led up to the accident, a recitation of what took place during the accident, every information about the medical treatment related to the injuries stemming out of the accident and an account of lost wages. An important trick to remember in this step is to ask for an amount that is higher than what the other party can reasonably accept so that your lawyer has some wiggle room in the negotiations.
Once you have turned in the demand letter, the insurance company will get on the task of reviewing it and the documents that you provide with it. After that, they make their initial offer which generally will be a lot lower than what you expect. The best thing to know about this step is that you should never accept the first offer given by the company because just as you stated a higher amount in the demand letter for having some discussion, the company states a lower amount than what they are willing to shed.
If the discussion reaches a standstill and both parties are unable to reach a consensus, a professional mediator will try to move things along and gives a fresh perspective.
Accepting the offer
After all the back and forth of the negotiation process, both the parties reach a settlement that they both are satisfied with and the injured person accepts the offer, and thus the process reaches the end.