How to Settle a Personal Injury Claim with Liberty Mutual | Denver Injury Lawyers
If you were involved in an accident in Denver and you or the at-fault party is covered by Liberty Mutual insurance, you should expect the company to put up a fight before they settle with you. Like every other insurance company, Liberty Mutual insurance is a for-profit business. It makes money by selling insurance policies and collecting the premiums for them. Liberty Mutual makes a profit at the end of the year when the amount of money it takes in from insurance premiums exceeds the amount it pay out in claims. It's that simple.
A quick scan of the Better Business Bureau's reviews of Liberty Mutual does not paint a pretty picture for that company. Many people report difficulty with reporting claims, getting help with customer service, and slow payment of insurance claims, among other complaints. While the BBB reviews are not a thorough review of the company, they do provide some insight into what you might be dealing with if you need to file a claim with Liberty Mutual.
What Steps Can You Take to Strengthen Your Negotiating Position with Liberty Mutual?
Be prepared. You must know how much your claim is worth before you engage in settlement negotiations. You will lose all bargaining power if you attempt to negotiate an agreement before you are prepared to do so. The claims adjuster who handles the claim will be thoroughly prepared to counter your position. Adjusters have claims books that assign a dollar value to an injury. You need to convince the claims adjuster that the individual facts of your case justify ignoring the book and settling your claim for a fair and reasonable amount.
Here are a few tactics you can try. Remember that every case is different and will depend on the specifics facts and circumstances of each claim.
- Make sure you have all documents related to the accident and crash reports filed with the law enforcement agency that responded to your accident. These reports are the official record of the collision. The reports should contain witness statements, which can help you argue that you are not responsible for causing the collision.
- Take many photographs. You can never have too many. Take photos of your vehicle, the vehicle that collided with you, the accident scene, and your injuries so that you can preserve what happened.
- Be certain to have your final medical bills and know the exact amount of bills you accumulated from the crash.
- Know the repair cost of your vehicle and extent of the damage the crash caused to your vehicle.
- Tabulate all of your lost economic opportunities because of your accident. The person responsible for your accident is responsible for damages that result from the crash, including lost wages and other economic opportunities in which you lost out because of your accident.
- Have a number in mind. If you have the evidence prove to the claims adjuster that you are right and are confident in your position, then you have the upper hand. Remember that taking cases to trial is costly for both Liberty Mutual and you. However, if you are confident in your position, you can dig in and hold out for a better settlement offer.
Our Denver Injury Lawyers Can Help
Negotiating with claims adjusters is very difficult, and you shouldn't be left to deal with insurance companies on your own. The best option for you may be to have an experienced personal injury attorney negotiate on your behalf.
At Zinda Law Group, our Denver car accident lawyers have successfully negotiated settlements with Liberty Mutual, and we will work diligently to reach a fair and just resolution of your claim. Contact us today at 800-863-5312 for a free consultation with one of our Denver personal injury lawyers. Meetings with attorneys by appointment only.