How Insurance Companies Investigate Accidents
When you’re involved in a motorcycle accident, one of the first steps in the claims process is the investigation conducted by insurance companies. These investigations are crucial for determining liability and assessing the extent of damages. Our friends at Des Moines Injury Law are here to explain a little more about how this process works:
Gathering Information At The Scene
The investigation typically begins with gathering information at the accident scene. This may involve interviewing witnesses, taking photographs of the scene and vehicles involved, and documenting any road conditions or weather factors that may have contributed to the accident. Insurance adjusters may also obtain a copy of the police report filed at the scene to gather additional information about the accident. They will do whatever it takes to get a clear picture of what happened and who exactly caused the accident.
Assessing Liability And Fault
One of the primary objectives of the insurance company’s investigation is to determine liability and fault for the accident. Insurance adjusters will assess factors such as the actions of the parties involved, road conditions, and any traffic violations that may have occurred. Determining liability is a crucial aspect of the investigation, as it ultimately determines the outcome of the claim. Police reports will often establish who the authorities have decided caused the accident, but if your accident report lists you at fault and you feel this is incorrect, a motorcycle accident lawyer can help.
Evaluating Damages
In addition to assessing liability, insurance companies also investigate the extent of damages resulting from the accident. This may involve reviewing medical records, bills, and other documentation to determine the cost of medical treatment and any other expenses incurred as a result of the accident. Insurance adjusters may also consider factors such as lost wages, property damage, and pain and suffering when evaluating damages.
Reviewing Insurance Coverage
As part of the investigation, insurance companies will review the insurance coverage held by the parties involved in the accident. This includes assessing the liability coverage limits of the at-fault party’s insurance policy and determining whether additional coverage, such as uninsured/underinsured motorist coverage, may apply. Reviewing insurance coverage is essential for determining the potential sources of compensation available to accident victims. If the other person’s insurance will not cover the entirety of the accident, your insurance will then have to examine your own coverage to determine how much they will cover whatever is left over.
Negotiating Settlements
Once the investigation is complete, insurance companies may enter into negotiations with the parties involved to reach a settlement agreement. This involves discussing the findings of the investigation, including liability and damages, and negotiating a fair and equitable resolution to the claim. Negotiating settlements is a complex process that requires careful consideration of the evidence and legal principles involved. A lawyer can advocate for their clients’ interests during settlement negotiations and work to ensure that they receive fair compensation for their injuries and losses as insurance works through the case. If you have been in an accident and are having issues with insurance, contact a lawyer near you for help.