Two Things to Keep in Mind When Negotiating Your Injury Insurance Claim

There are two things you may not have thought of that you need to keep in mind when you are negotiating your Utah personal injury insurance claim which the insurance company may not tell you and that you will want to keep in mind.

Subrogation

You incurred medical bills when you were injured. Who paid the doctors and hospitals? If the bills were paid by another source, the person or company who paid the bills may have a right to get fully reimbursed for any settlement you receive.

The right to get back what they paid is called subrogation. The right to subrogate may be in your insurance policy or be given to the subogator by statute or be granted by the court at common law.

When negotiating with the insurance company, you may receive an offer that looks like you will receive a lot of money. However, if you don’t consider the potential subrogation interests, you may receive a check for the full amount of the offer, only to be sued by the insurance company that paid the bills.

If you are not careful, you could lose your entire settlement. It is important to get an attorney involved to make sure any subrogation is resolved and that the money you receive in the end belongs entirely to you.

Negotiating Your Bills Down

Hospitals and doctors often charge very high rates for the treatment they give you. Often, you have no opportunity to shop around and compare prices between the various hospitals. When you are in an automobile accident, often an ambulance will take you to the nearest hospital, not the least expensive.

Because hospitals and doctors often over-charge for their services, you have an opportunity to negotiate down their bills.

A Salt Lake City Utah personal injury attorney or lawyer like Gregory Wilder can negotiate down your bills and put more money in your pocket at the end of the day. Lawyers negotiate bills down continuously, and it is very beneficial for those who hire the attorney.

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