When you receive a settlement from the insurance company for an insurance claim for any amount of property damage, and the amount is lower than you had claimed or think you deserve, you have the right through your policy to negotiate a claim approval or better coverage. However, it’s important to navigate the negotiation process correctly to ensure the best results. Here are three common mistakes to avoid during insurance claim negotiation.
- Accepting the first offer: You are never required to accept the first offer you receive in response to your insurance claim, whether it might be a denied claim or a lower settlement than you had expected. You can, instead, begin the insurance claim negotiation process to work towards approval or better coverage.
- Failing to obtain the necessary documentation: From the very beginning of your claims process, one of the worst mistakes you can make is having insufficient documentation of the damage and evidence from inspections, experts, etc. that might affect the outcome and settlement for your claim. You will want to properly document any amount of damage to your property with as much detail and evidence as possible to support your claim.
- Failing to call a public insurance adjuster: One of the easiest mistakes you can avoid during the claims process or negotiations is forgetting to call a public insurance adjuster. We can offer claims assistance, handle the insurance claim negotiation process for you, and advocate on your behalf to ensure the best coverage and results for your claims.