You may face representatives from the insurance company after an accident in Indiana. How do you negotiate with Nationwide Insurance Company to secure fair compensation for your financial losses?
Negotiating requires you to present evidence regarding your losses and fault for the accident. The negotiation process also requires a thorough review of all deals provided by the insurance company and the use of appropriate forms to submit counteroffers.
You can hire an Indianapolis personal injury lawyer from our team at Vaughan & Vaughan to handle negotiations on your behalf. Find out more by calling or filling out our online contact form.
Review Your Nationwide Insurance Policy Before Negotiations
Nationwide’s company overview provides basic information about the insurance company, which has offered policies for over 90 years. While the company expresses a focus on customer service, its policies can vary greatly.
Before you begin the negotiation process, we recommend reviewing available information about coverage and policy terms. Going into negotiations prepared can help you feel more confident. You can also trust a lawyer to handle this assessment on your behalf.
Your Case Will Get
The Attention It Deserves
Collect Evidence Before Negotiations
Typically, lawyers investigate to collect evidence before beginning settlement negotiations with insurance companies like Nationwide. Evidence can back up your story about what happened during your accident, strengthening your position in negotiation.
An attorney can collect multiple forms of evidence, including:
- Statements from witnesses who saw the accident
- Surveillance video or photos of the accident
- Information from accident reports (including police reports)
- Testimony from expert witnesses
These forms of evidence can establish fault for an accident. You also want proof that supports the expenses you sustained due to someone else’s negligence. These forms of evidence could include:
- Your medical bills and notes from doctors
- Information about time you missed at work
- Estimates from repair shops for property damage
Going into negotiations with Nationwide backed by solid evidence can simplify the process and improve your odds of getting maximum damages after an accidental injury.
Go Into Negotiations with a Firm Idea of Your Losses
It’s vital to assess all your losses as you prepare for negotiations with Nationwide. You can work with an attorney to ensure you understand how much compensation to expect from a personal injury case so you’ll know if Nationwide makes a fair settlement offer.
Your settlement may address your:
Current and Future Medical Costs
Depending on your situation, you may require funds to cover the costs of emergency medical treatment, hospital time, rehabilitative services, and medications. All of these expenses may factor into your negotiations.
Lost Wages
Your settlement may cover any time you lost at work after an accident. The settlement may also address your lost earning potential if you sustain a disabling injury.
Property Damage
Sometimes, an insurance policy will cover property damage caused by an accident, allowing you to secure funds to cover expenses like vehicle repairs. You may even negotiate with insurance if your vehicle is deemed a total loss.
How to Begin Nationwide Insurance Negotiations?
You can begin the negotiation process with Nationwide by contacting your insurance company. You’ll need to report all accident details, and they may provide you with a claim number. At this point, you can craft a demand letter that:
- States all the facts about your claim
- Provides information about the accident
- Details the financial losses you sustained
- Includes any relevant evidence
Legal professionals recommend that you include applicable information while keeping your letter brief. Remain professional and calm while crafting and sending the demand letter. An attorney can handle this process on your behalf.
What Happens Once Nationwide Insurance Negotiations Begin?
Once you send your demand letter, insurance negotiations can begin in earnest. You may receive an offer back from Nationwide. The company will include a settlement offer in many cases.
However, this initial offer may not fully cover your losses. In this situation, you can send back a counteroffer. The negotiation process often goes back and forth multiple times, generally taking several months.
An attorney can handle this process on your behalf, dealing directly with insurance companies and giving you more time to recover and get back to your everyday life.
Nationwide May Try to Deny Your Claim
Insurance companies like Nationwide often try to undervalue or diminish claims after an accident. Nationwide representatives may try to get you to provide a recorded statement or to accept blame for the accident to protect the company’s bottom line.
Your lawyer can counter these strategies and handle any delaying tactics that may prevent you from getting a settlement promptly.
How Do You Finalize Nationwide Insurance Negotiations?
If Nationwide offers you an acceptable settlement, you can take it and receive compensation for your losses, ending the legal process after an accident. However, even after negotiations, the company may refuse to treat you fairly.
In this situation, your personal injury attorney may help you file a lawsuit against the at-fault party to secure damages to cover your expenses.
Speak to Us About Negotiating with Nationwide Insurance Company
How do you negotiate with Nationwide Insurance Company after an accident? You can work with a lawyer from our team at Vaughan & Vaughan to collect evidence, build a strong claim, and handle all communications with the insurance company.
We can stand up for you and push to bring you maximum compensation from Nationwide when you call or fill out our online contact form.
