USAA, Alfa, Allstate, Progressive, and Travelers are among insurance providers who offer auto insurance coverage to drivers within the state of Alabama. Drivers need to be aware of the minimum coverage requirements they must meet in order to drive their vehicles legally. Alabama requires $25,000 per person and $50,000 per accident in bodily injury liability coverage, as well as $25,000 in property damage liability insurance. The liability policies pay for compensation to victims if a policyholder causes a collision which hurts others.
Negotiating with an Alabama Insurance Company
If you become involved in an automobile accident and it is the fault of another driver, you should be able to make a claim and will likely be dealing with the other driver's insurer.
If you are in a crash and you were to blame, you may have no insurance coverage at all, unless you purchased injury protection and collision coverage from your insurer. If you do have coverage from your own insurer, you'll have to deal with your policy provider to try to get compensation for losses. You should obtain the assistance of a qualified lawyer to make sure your interests are protected.
If you have optional uninsured or underinsured motorist coverage, your policy provider will also cover claims which could have been made against another driver who hurt you, if the driver had sufficient insurance coverage.
If you get hurt by someone else, your lawyer will need to be prepared to deal with their insurer, who usually wants to pay you as little as possible in compensation. This means your lawyer will have to negotiate effectively with the insurer. The negotiation process should involve:
- Getting an idea of what your case should be worth. Your lawyer needs to know what a fair amount of compensation is, based on both the economic losses from your injuries as well as non-financial damage like pain and suffering.
- Sending a demand letter. Your lawyer can ask the insurance company responsible for compensating you for a set amount of compensation based on what you believe you are entitled to receive. The more evidence you can prove for why you need this amount of compensation, the better your chances of getting the amount of money you believe you deserve.
- Responding to counteroffers. The insurer will usually respond to your demand letter with a counter offer. You and your lawyer will need to decide how to respond. After some back and forth negotiation on the specific amount of compensation you should receive, you will hopefully come to an agreement on a reasonable amount of compensation for your losses.
- Releasing liability. To get your settlement money, you have to sign a liability release. This should be done only after your attorney has reviewed the settlement offer and only after you are confident you are being fairly compensated and won't want to pursue any additional claims or seek more damages than the settlement includes.
Getting help with this process from an experienced attorney is highly advised so you can recover the maximum compensation possible based on the extent of loss.