Personal Injury Settlement with GEICO Insurance | Denver

Filing a Claim With GEICO

Once you file a claim with GEICO, the claim is assigned to a claims adjuster. A claims adjuster accumulates the information from the accident and applies a generic approach to settling your claim. The claims adjuster simply plugs the particulars into a computer program or researches your injury in a claims book that is the baseline for the insurance industry regarding payment for particular injuries.

For example, assume you have a broken hand from striking the dashboard of your car in the accident. The adjuster researches that particular injury code and derives a settlement amount based on the industry standards. The claims adjuster then offers you that sum to settle your claim. While unbiased, this procedure hardly seems fair because each accident is different. Injuries are specific to the person involved.

If you required surgery to repair your broken hand, then the expected settlement amount according to industry standards may be insufficient. If you have missed work because of the injury, your settlement amount should be higher. Consequently, you must take a strong bargaining position against GEICO’s claims adjusters to be able to receive the compensation you deserve for your loss.

Suggestions To Strengthen Your Bargaining Position With GEICO in Denver

You should expect that the GEICO claims adjuster will deny your first demand for settlement. The adjuster will expect you to come down to something satisfactory for them. The key to a just and fair settlement is to convince the adjuster that you deserve greater compensation than the industry standard dictates. You make your case before you ever speak with the adjuster. You must build a strong case and be prepared before you make a settlement demand. Here are a few steps you can take to strengthen your position:

• Make sure you have all of your facts straight and all of the documents generated from the accident ready for reference. You should have police reports, medical bills, repair bills, and lost wages compiled before you attempt settlement negotiations. An important part of making your case is taking photographs of the damage to your car, your injuries, and the accident scene if possible.
• You should ask your doctor to prepare a report that discusses the extent of your injuries, the recovery process, whether you suffered a disability from the crash, the duration or permanency of the injuries, and the likelihood that you make a full recovery.
• Establish the amount that will force you to walk away from negotiation and file a lawsuit. Insurance companies know that lawsuits can cost them more money in the end. Taking a firm stance may force them to reconsider their position and offer you a just settlement amount.

Our Denver Car Accident Lawyers Can Help

Negotiating with claims adjusters is very difficult. The best option for you might be to have experienced car accident attorneys negotiate on your behalf.

At Zinda Law Group, our Denver personal injury attorneys have successfully negotiated settlements with GEICO and will work diligently to reach a fair and just resolution of your claim. Contact us at (800) 863-5312 today to schedule a free consultation and learn how we can help you with your claim against GEICO.