How are auto-accident insurance settlements agreed upon?
It should warm the hearts of car-accident claimants to know that almost 95% of claims end up with a settlement. You should bear in mind, though, that you should never consent to an untimely settlement and an insufficient amount just to get paid promptly. You will only regret it in the future. Use your negotiation time well. All states give negotiations at the very least 12 months to arrive at a settlement before lawsuits can be filed. Injury-related problems that could occur in the future could be disregarded in the heat of negotiations that focus in the present situation. A doctor must be consulted and his advice recorded including the victim’s prognosis for a full or partial recovery and potential physical woes in the long run. All significant information should be documented and presented to the adjuster while negotiating your claim. With or without a legal counsel to aid you, you must try get to a settlement that is to your satisfaction. If you and the adjuster do come to an agreem
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