Medical Claim Negotiations

[cardinalstorm]

I was involved in a minor car accident earlier this year. Another driver hit my vehicle.
The other driver’s insurance paid to fix my vehicle.
I incurred about $2800 worth of medical bills.
The other driver’s insurance is offering to pay the $2800 medical bills and $5000 for pain/suffering.

Is it typical to negotiate for more?
Is the insurance company prepared for a higher counter offer?
What is the likelihood they will accept a higher counter offer?

 

[amagrace]

@cardinalstorm Take the money and run.

 

[caleb80]

@cardinalstorm As a former BI adjuster, if you are certain that is the final amount of medical bills I would take that offer. It's a solid one.

 

[kahlmom]

@cardinalstorm Probably take the money and run. Only sueing might bring more but it’s probably not worth it

 

[dennisbon]

@cardinalstorm As a former BI adjuster and claims supervisor, take the money.

 

[legolas2106]

@cardinalstorm Hire a lawyer. A good ethical lawyer will only charge a fee on the amount they get you above what you've already negotiated.

 

[cardinalstorm]

I thought the first rule was not accepting the initial offer

 

[mminer237]

@cardinalstorm They won’t offer more. Auto Insurance has a formula that they follow. You would have to sue a different insurance that they have.

 

[christianseeker1]

@cardinalstorm That’s a good offer

 

[halogirl5]

@cardinalstorm They’re reimbursing all of your medical and giving you a pretty nice payout on top of it. I’d take the offer as others suggested. If you want more, you have to prove why they owe more.