What You Should do to Get the Most Money from Your Insurance Claim

Last modified on

If you have suffered injuries in an accident that was someone else’s fault, you might be eligible to claim compensation for your losses. Yet when you file a claim with an insurance company, their goal will be to minimize the amount you receive. What can you do to get the most money you receive in your injury settlement? Following these tips can help ensure you get the most money from your insurance claim.

To Get The Most Money, Make Sure You Assess the Full Value of Your Claim

How to Get the Most Money from Insurance ClaimsYour compensation should address the full extent of the losses you have suffered in the accident. This amount should cover medical expenses, property damage, and lost wages due to the time you missed at work during your recovery. As such, preserving all financial records relating to your injury can help you determine the value of your losses.

Your payout should also address your non-economic losses, such as disability, disfigurement, and loss of enjoyment of life. Comparing your circumstances to similar cases can give you an idea of what you stand to recover from your claim.

Seek Immediate Medical Treatment

Some people avoid going to the doctor after an accident because they think their injuries are minor and will heal on their own. Other people do not realize that they have received injuries at all. Adrenaline can mask the pain you feel after an accident. The severity of any injuries you have might not become evident until several days have passed. Even if you don’t think you have any notable injuries, visit a medical professional as soon as possible.

If you have injuries, a doctor’s early intervention can help you recover more quickly and fully. Furthermore, documentation that you sought treatment soon after the accident can help insurers take your claim more seriously. That will help you get the most money for your injuries

Keep a Journal

Documenting all your post-accident experiences can help you maximize your compensation. Journaling is an excellent means of doing this. Each day, write down the kind of pain you have experienced as well as whether it feels better or worse than yesterday. You should also make daily notes about your injury’s effects on your emotions, mental health, and daily activities. Having clear documentation about these matters will help you recall them more easily. Conveying your story with clarity can increase your compensation.

Know Your Minimum

When you send a demand letter to the insurance company, you should have a minimum dollar amount you will accept for your losses. You do not need to divulge this amount to the insurer but having clarity about it will help keep you focused as negotiations proceed. As facts emerge that strengthen or weaken your case, you might need to increase or decrease this figure.

Do Not Automatically Accept the Initial Offer

Insurance companies often call injured individuals to offer a low settlement amount. They do so in an attempt to catch you off guard, as many people do not know what their claim is worth. This initial offer might sound good initially, but it is often far too low to cover your losses fully. Think carefully before you accept any offers, and be sure that the amount you receive will cover all your accident-related expenses.

Keep Future Losses in Mind

Some of the consequences of your injury will last well into the future. You might need medical treatment for years to come. Furthermore, any disability you have suffered might prevent you from returning to the job you had before the accident. To get the most money the compensation you receive should address both current and future losses.

Consult with an Experienced Personal Injury Attorney

Get the Most Money from Your Insurance ClaimPeople who hire skilled lawyers to represent them in their injury claims tend to receive substantially higher settlements and verdicts. An experienced attorney, like the attorneys of Harris Keenan & Goldfarb will take care of every aspect of your claim so that you can focus on your recovery. Furthermore, insurers know that a seasoned injury attorney will be unafraid to file a lawsuit, which most insurance companies prefer to avoid. As a result, they will take you and your claim far more seriously.

To Get The Most Money For Your Accident, Contact Harris Keenan & Goldfarb Today

If you have suffered injuries due to another party’s negligence, the New York personal injury attorneys at Harris Keenan & Goldfarb have the experience and skill necessary to build the strongest possible case for you. Our legal team will give you the individual attention you need at this difficult time, and we will work tirelessly to secure the most money you can get for the harm you suffered.

Call our offices today at 800-PAIN-LAW or contact us online for a free consultation to learn more about how we can help you.

Talk to us! Book an appointment!

Injured in an accident?
Get a free consultation today!

Contact us

Contact Us

"*" indicates required fields

Frequently Asked Questions

When you have suffered an injury, it can be difficult to know what to do next. If the injury was caused by someone else’s negligence, you may be entitled to compensation. However, filing a personal injury claim can be a complex and time-consuming process. An experienced attorney can help you navigate the legal system and fight for the maximum possible compensation.

The first step is to consult with an experienced personal injury attorney. They will be able to review the facts of your case and advise you on whether or not you have a valid claim. Even if you do not have a strong case, an attorney may still be able to help you recover damages through negotiation with the other party’s insurance company. If your case does go to court, the judge will consider various factors in order to determine whether or not you are entitled to compensation. These factors can include the severity of your injury, the cost of your medical bills, and the amount of time you missed from work.

The answer depends on a number of factors, including the severity of the injury, the insurance coverage available, and the type of accident. In general, however, if you have suffered a serious injury that will require extensive medical treatment or result in long-term disability, you should speak to an attorney as soon as possible about your legal options. An experienced personal injury lawyer can help you navigate the complex claims process and fight for the compensation you deserve.

There are a few things to consider when choosing a personal injury attorney. First, you want to make sure that the attorney has experience handling cases like yours. Second, you want to make sure that the attorney is licensed to practice in your state. Third, you want to ask about the attorney’s success rate. Fourth, you want to make sure that the attorney has a good reputation. Finally, you want to make sure that you feel comfortable with the attorney. Do not hesitate to reach out to us to schedule a free consultation to determine if we are the best choice for your case.

Once we decide to take on your case, we will then begin gathering evidence and investigating the accident. This may involve interviewing witnesses, reviewing police reports, and obtaining medical records. Once we have gathered all the necessary information, we will then work with you to build a strong legal case. If an agreement can’t be reached out of court, our attorney will then take your case to trial. Throughout the entire process, your attorney will be by your side, fighting for the compensation you deserve.