“Getting into an accident can be an incredibly difficult and stressful time. To alleviate additional stress, use these tips to negotiate with your car insurance company
. First, gather all documentation relating to your accident, including:
Actual cash value of your vehicle prior to the accident
Use resources like Kelley Blue Book
or Edmunds to find what the value of your vehicle is. If your insurance company offers you a low settlement, this cash value can soldify your request for a higher settlement amount. You can also write a demand letter. The demand letter should outline your reasoning behind the settlement amount you’re requesting. If you don’t feel confident writing this letter, enlist the help of a family member of even a lawyer.
After submitting this to your insurance adjuster, they will likely counter your offer. If you feel it’s fair, you can accept the offer. If you don’t, you can offer another number that you would feel comfortable settling for.
If you’re having difficulty coming to an agreement with your insurance company, you have other options. You could hire an independent claim adjuster or an attorney. An independent claim adjuster is an unbiased third party that can help solidy your case. An attorney can also ensure you’re getting a fair amount.
If you get a new car, consider shopping around for insurance. Rates can increase after a claim or accident, so you may be able to find a lower rate with another company. You can request quotes with insurance providers directly or use an app like Jerry
.”