Strategy To Follow If Settlement Negotiations Break Down

Sometimes the insurance adjuster makes a lowball offer and then stubbornly refuses to offer even a tiny bit more. If you find yourself in such a situation, there is a good chance that the negotiations will stall. You must do your best to prevent a complete breakdown of the ongoing negotiations.

Steps to follow

Understand the apparent purpose of the adjuster’s tactics. Adjusters that try using such tactics normally hope to intimidate the person with the claim. After all, an intimidated victim should be someone that would easily agree to a settlement offer, even one that failed to insure payment of a fair compensation.

Make it obvious that you have not been intimidated. Direct repeated communications, letters, emails or phone calls to the adjuster. Every week to 10 days, allow your personal Injury Lawyer in Oakville ask the adjuster when you can expect a new offer to be made.

Ideally, you should get a response. If you do not, you may have to threaten a lawsuit. First be sure that the filing of such a lawsuit would be permitted, according to the terms of your insurance policy. If you were to follow through with your threat, the file with the paperwork for your case would get taken from the adjuster. Few adjusters would welcome completion of such an action.

It may be time to consult with a lawyer

The adjuster’s delaying tactics could threaten your rights. You may be unable to take a required action before completion of the statute of limitations. If that it’s the case, you will need a lawyer, so that your rights stay protected under the statute of limitations.

Share with your lawyer all the information on your injuries, and also the injuries of anyone else that was in the damaged vehicle. Maybe one of those passengers has a slow to develop injury. In that case, the adjuster’s delaying tactics might have provided you with valuable time. Perhaps the exact severity of the injury became apparent as you corresponded with the insurance company.

With a lawyer’s help, contact the adjuster’s supervisor and the overall claims manager for the insurance company. Allow time for a review of the filed papers. Still, if you fail to get a timely response, do not be afraid to take the next step.

At this stage you can put more strength in a suggestion that you are ready to sue the insurer. The insurance company has failed to act in good faith. The company’s bad faith actions have given you grounds for submitting a lawsuit.

The person that buys an insurance policy expects to receive decent coverage. A company’s inability to provide such coverage provides the policy holder with justification for the filing of a lawsuit.