Factors That Affect the Negotiation in a Personal Injury Case
When you file a settlement, Most insurer will issue a counteroffer to your requested amount in your demand letter. If you have an attorney and doesn’t want to file a suit yet, your attorney can negotiate with the insurance company. This process can take weeks or months depends on how much money is involved and the seriousness and nature of your injuries.
Common Factor in Negotiations Are:
The scope of your injuries – If your injuries or illnesses came from the accident have long term effects or disabling.
Coverage – Does the policy defendant cover the type of accident involved?
Fault – how much liability each party bears and who is liable for the accident.
The kind of medical procedure – If the therapy and medical care you receive were necessary and if you had any preexisting conditions that exacerbated your injuries.