Gallagher Bassett is a claims adjuster, or third-party insurance claims administrator that was founded in 1962. Currently, the company has over 3,400 clients – primarily, businesses that are pay out their own accident / injury claims, but use Gallagher Bassett to handle administrative tasks, like processing the claim and negotiating a settlement with the claimant.
Because of their client base, Gallagher Bassett handles many types of insurance claim, including property damage, personal injury, professional liability, motor vehicle accidents, and medical malpractice. So, if you had an accident at a store, office building, or some other commercial property, chances are, you will need to file a claim with Gallagher Bassett.
Most people do not anticipate that they will be seriously injured, and that’s why so few people are familiar with the process of how to file an accident claim. And even less people have experience with settling an injury case, meaning you exchange offers back and forth with the insurance company until both sides agree on the amount of compensation. If negotiations continue to get you nowhere, you may need to file a lawsuit against the company, which is an incredibly complex endeavor.
In this article, we will cover the general steps that are involved when you are trying to settle an insurance claim with Gallagher Bassett. Keep in mind, however, that your own case may involve additional or different steps based on the nature of your injuries, the compensation you are seeking, and many other factors. To understand the full picture of how to reach a settlement with Gallagher Bassett, contact our law firm to receive a free case review.
Before You can Begin the Settlement Process
It’s crucial for accident victims to understand what needs to happen before you engage in settlement negotiations with any insurance company. First and foremost, you must finish the recommended course of treatments and reach the stage known as maximum medical improvement. Once you reach MMI, your lawyer can accurately figure out the total sum of medical expenses, including an estimate for long-term / permanent medical care if you have severe injuries.
In order to get a sense of your overall medical expenses, your lawyer must compile all your medical records, including bills for treatments, doctor’s visits, medication, etc. They may also need to collect testimony from your treating physicians to show why you are entitled t to future medical expenses. You can also demand compensation for mental health counseling to help with trauma-related disorders.
Your lawyer will also calculate damages for other payments that you are eligible to receive, like property damage and lost income. Then, they will draft a demand package with the amount you are seeking and send it to Gallagher Bassett with the supporting evidence. Sometimes, the insurance company will make the first offer, and your attorney will draft a response with a counteroffer. Either way, this is what will kick start the settlement process if you are owed payment by Gallagher Bassett insurance company.
Our Most Recent Victories Against Gallagher Bassett
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Once Gallagher Bassett Receives the Demand Package
Third party claims administrators have hundreds, if not thousands of claims they are handling at the same time. So, it can take weeks to get a response from the time your demand package is received by Gallagher Bassett. The company will carefully review all your evidence and conduct their own investigation before they get back to you with their own offer.
It’s possible that Gallagher Bassett will agree to your terms and get back to you with a timeline of when you should expect payment. However, it’s much more common for insurance companies to respond with a lower number, since parting with the least amount of money in their client’s best interest. How long it takes to hear back from the insurance provider may be anywhere from 3 to 8 weeks.
Don’t be discouraged by a low offer, and don’t feel like you have to accept, no matter how much pressure the insurance adjuster puts on you. This is a common tactic designed to close the case for the smallest amount, and sadly, many claimants give in without sending a counteroffer. Of course, accepting the first offer or any subsequent offer is entirely up to you. However, you should have a thorough discussion with your attorney before you agree to settle your claim.
Reviews from Real Clients
Thanks to this amazing team, I was able to successfully pursue my injury claim against Gallagher Bassett and recover the compensation that I was owed.
Sandra M.
Normandie Law Firm handled my Gallagher Bassett claim amazingly and quickly got me the best settlement available. Thank you for fighting for my rights and helping me win!
Josh F.
My Gallagher Bassett claim was going nowhere, that’s until I found Normandie Law Firm. The guys here at Normandie took care of everything and were able to help me recover the compensation that I was owed.
Julian V.
I tried dealing with Gallagher Bassett on my own, but I quickly figured out that I needed a lawyer. The guys At Normandie Law Firm took care of everything from the start and were able to deal with the insurance company to get me the best payout possible.
Will G.
How Long Does It Take to Settle a Gallagher Bassett Accident Case?
How many offers will be exchanged between you and Gallagher Bassett? This is impossible to predict, but it’s not unusual for negotiations to drag on for months. In fact, some of these claims take close to or over 1 year before a final decision is made on the compensation that’s paid to the victim. In the event it’s taking too long to reach a settlement (or it’s clear the other side is engaging in bad faith tactics), you and your attorney may decide to file a lawsuit.
A lawsuit does not mean that your case will go to trial. In fact, over 90% of all personal injury lawsuits settle before the scheduled trial, usually by working with a third party mediator. But this is another stage of the legal process that can take months to resolve, and this is why accident claims with Gallagher Bassett can take anywhere from a few months to over 2 years.
Normandie Law Firm
Regardless of how you were injured, our attorneys are with you every step of the way. From the moment you contact us, you can expect compassionate and professional service from the legal team here at Normandie Law firm. Our team of personal injury lawyers have decades of experience in claims involving slip and falls, defective product injuries, auto accidents, falling object incidents, and many other accidents. We are confident in our ability to handle your case and bring it to a successful resolution.
Our clients never pay upfront, as we have a Zero Fee Guarantee policy. We take care of you on contingency and only receive payment if you are compensated by the responsible party. That’s why you never have to worry about how much it will cost to hire an accident injury lawyer.
Don’t hesitate to reach out and schedule a free case evaluation if you have questions or concerns about a Gallagher Bassett insurance claim.
