Dealing with insurance after a traffic accident can be overwhelming. They are professionals who deal with claims every day, and this might be your first accident. Insurance companies want to pay out at little as possible, even though you pay them for coverage. The advantage seemingly rests with the insurance adjusters.
You do not have to give them the advantage, however. To improve your chances of a maximum payout, continue reading below.
Take pictures and find witnesses
Documenting the relevant details is one of the most important steps you can take. Take pictures of the car damage and any injuries you sustained. Speak with any witnesses you can find and ask them to corroborate your story.
File a police report
Calling the police not only helps your case, but it is also the law. According to the Louisiana state legislature, a driver must report any crash that results in injury, death or property damage over $500. Police reports provide additional documentation and ensure the other driver submits their information.
Watch what you say
After the accident, your insurance company will call you. If you have little or no experience speaking with insurance adjusters, keep the conversation to basic facts. They will most likely ask to record your conversation, which they will use against you to reduce the value of your claim if they can. Next, try to get multiple estimates for the cost of repairs for your vehicle. The cost of repairs should give you a good idea of what a fair settlement should be.
Insurance companies want to make money and pay you as little as possible. Keep good records of your accident, and come to the situation with information that will prove the value of your settlement.