Help Us Help You: Preparing for Settlement Negotiations

by Terry Bryant

This blog post is part four in an eight-part series designed to help you understand how our office strives to best serve the needs our of clients and what you can expect as a client of the firm.

The fourth step in handling your claim is to prepare for settlement negotiations.  This is an extensive process of gathering medical and billing records, obtaining lost wage documentation, and working with insurance companies before presenting your claim to the insurance adjuster.

First, once you have completed treatment for your accident-related injuries or have a clear prognosis on your road to recovery, our office requests all of your medical and billing records.  This often takes more than a month, especially if you have treated at several facilities.  Once our office receives all of your records, we review them to make sure you have undergone all necessary treatment and that we have enough information to make a determination on your need for future medical treatment, if necessary.

Second, we gather documentation of any lost wages incurred as a result of time missed from work because of the accident.  This step generally requires you to provide us with proof of your average income, dates missed from work, and verification from you supervisor.

Third, we work with insurance companies to determine whether they have covered any of your accident-related expenses.  This includes health insurance, auto insurance, and workers’ compensation insurance.  The purpose of this is to identify any liens or deductions that may reduce your potential settlement.

Finally, once we have gathered all of the appropriate information, we submit this documentation to the insurance adjuster and await a response.

Visit our website next week for part five of the Help Us Help You series.