Settling a Claim With an Insurance Company After a Car Accident in New York

Settling a Claim With an Insurance Company After a Car Accident in New York

Car accidents are stressful situations. In the aftermath, you will usually work with an insurance company in order to recover compensation for the damages due to the accident. However, this can prove to be difficult, which is why there are many important things to remember when handling this situation to make the most out of it. Continue reading below to learn more. 

Insurance Adjusters Are Trained to Negotiate

An insurance adjuster’s job is to do what is in the company’s best interest. Most of the time, this means paying as little money out as possible. This means that they will often try to deny a claim or not recognize its full value to avoid paying you money. 

Do Not Accept the First Settlement Offer

First offers given by insurance companies tend to be unfair. They often try to take advantage of vulnerable accident victims who need money as soon as possible. While it can be tempting to take the offer, doing so can actually hurt you in the long run. It is because of this that you should never accept it. If you refuse and the company ignores you, hire an attorney, as this is a delay tactic.

They Will Try to Avoid Paying Medical Expenses

In order to avoid paying you for medical expenses, insurance companies may claim you are lying about injuries or trying to commit fraud. To avoid this, keep copies of all documentation regarding doctors’ visits.

You do Not Have to Take Your Car to Their Recommended Body Shop

It is important to know that you are not required to use the body shop recommended by the insurance company to fix your car. You have the right to choose where you get your car repaired. In doing so, bring the insurance company’s repair estimate with you to compare prices.

You Have the Right to Appeal the Insurance Company’s Offer When it Totals Your Vehicle

If the repairs of a car cost 70% or more of its value, insurance companies may “total” it. In doing so, they must give you a check for the car’s fair market value. Ask to see the cars yours was compared to for this value. This allows you to make sure the offer is not too low. You may also want to do your own research or hire an independent adjuster.

Do Not Listen to Any Treats

Extortion techniques are often used in these situations. For example, insurance companies may pay a claim for a policyholder and send you a collection letter, asking you to pay the debt or your license could be suspended. Contact an attorney to know your rights. 

Never Sign Anything Without a Lawyer’s Reviewal 

Anything you say can be used against you in these situations. No documentation should be signed and statements should not be given without first speaking to a personal injury attorney.

Contact our Firm

A personal injury accident can have a great impact on your life and your bank account. At Katter Law Firm, we believe that everyone should be held liable for his or her own negligence; you should not have to bear the burden of someone else’s mistakes. To learn more or to schedule a free consultation, visit us online or call us today!