During the pre-settlement negotiations, lawyers know how to handle and respond to the offers that are made by the insurance adjuster.
A lawyer could help a claimant with composition of the demand letter.
In that letter, the claimant should present a large demand, but one that agrees with the complaints in the claim, and also matches with the liability charge.
Personal injury lawyers warn their clients about the dangers linked to accepting the insurance adjuster’s first offer.
If that offer has been rejected, then the client/claimant would need to put forward a counteroffer. An Accident Lawyer in Cambridge might suggest that the client compare the initial offer with the figure in the client’s mind—the lowest acceptable bid. If that first bid were close to the number in the client’s mind, then the client would need to revise that number.
Lawyers can sense when an offer could be judged acceptable.
Still, an attorney would warn a client about the need to postpone settlement until that same client had reached the stage of maximum medical improvement (MMI). That postponement would be necessary, due to the demands from the insurance company.
Before an insurance company promises to send any compensation to a waiting claimant, it first wants a release form, one that bears the claimant’s signature. Once an insurance company has that form, it becomes free of the need to compensate the claimant for any new symptoms, or any complications.
An attorney’s guidance could prove useful, if the adjuster has not responded to a counteroffer.
The attorney could help the client with a call to the Claims Department. That department would need to be asked why a response had not been received. In addition, the same department should be asked for the date when a response should be available.
If the promised response had not come on the indicated date, then it would become necessary to call or send an email. That communication should express the claimant’s dissatisfaction, and also might threaten strong action. If, indeed, the adjuster had refused to respond to the counteroffer, then the claimant would have reason to contact the adjuster’s immediate supervisor.