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State Farm Settlement Terms: What You Should Know

State Farm is a popular insurance company, serving many customers and underwriting many different insurance policies. If you are injured in an accident, there is a good chance that the other party will be insured by State Farm. In this article, we discuss what you can expect during State Farm’s settlement process.

Does State Farm Have Stated Settlement Terms?

Because the facts and circumstances of every case are different, insurance companies typically don’t disclose any stated settlement terms. Not surprisingly, State Farm offers very limited information about settling claims.

There are a number of factors that can influence your settlement amount with State Farm. First, it matters what type of case you have: the process for obtaining car accident settlements is vastly different from a settlement involving a homeowner’s policy, for example. The amount of coverage provided in the policy is also important.

The extent of your injuries and damages will be an important factor in your settlement. More serious injuries, such as spinal cord injuries, traumatic brain injuries, or injuries resulting in daily life disruptions are generally valued much higher and may result in a higher settlement offer. The strength of your case also matters: a case with strong legal and factual arguments is likely to result in a better settlement. Whether you were at fault at all or contributed to the accident in any way, is another factor that may influence State Farm’s settlement terms—being partially at fault for the accident may impact how much you could recover, and therefore impact the settlement calculations.

What are the Must-Know Things for Those Wishing to Reach a Settlement with State Farm?

Negotiating an insurance settlement can be a daunting experience, especially with a large company like State Farm. Insurance companies have skilled attorneys on their side, and they are experts at keeping the company’s settlement expenses to a minimum. You must be very cautious in your dealings with any insurance company. First and foremost, consult with an attorney who has experience working towards a settlement with State Farm in the past.

Be sure you follow State Farm’s claims procedures, timelines, and reporting processes. In many cases, if you are the insured, you have a duty to notify the insurance company of your claim. Typically, you will be assigned a claims adjuster, whose job will be to review the materials and details in your claim. The adjuster may also turn to you for additional information or evidence. It’s important to understand that when you are communicating with the adjuster, or anyone else working at State Farm, you are essentially communicating with the opposing side. What you say can be held against you—for this reason, it’s essential not to admit fault, to offer only the information asked, and to communicate honestly but cautiously with State Farm. Again, a knowledgeable attorney can help here, offering only the information requested, submitting only what is necessary, and communicating on your behalf.

It is important to note that you do not have to accept the first offer of settlement made by State Farm. Much of the time, the first offer may be lower than what your case is worth. An experienced settlement attorney can help negotiate and obtain more favorable State Farm settlement terms, maximizing your compensation for the injuries and damages you have suffered. Once a settlement agreement is reached, it may be difficult to go back and revise its terms; an attorney can help make sure the terms of the agreement are favorable to you before you sign, and that you are fully satisfied with those terms.

How Can FVF Help?

If you are wondering about State Farm’s settlement terms, an experienced and knowledgeable personal injury attorneys can be invaluable. Negotiating with insurance providers requires the expertise to dodge their sophisticated tactics and apply pressure until they have no choice but to offer you a fair settlement. While anyone can act as their own representative in a lawsuit, it is difficult to manage such a fraught and complex situation without the help of a lawyer. After all, the insurance company will have its own team of experienced lawyers ready to do battle.

We have the experience necessary to go up against an insurance company. At FVF, we are committed to securing positive outcomes for our clients. We also want to equip anyone who may be unsure how to proceed with securing the resources they need to make informed decisions. In support of that goal, we offer free, no-pressure case consultations. During your consultation, we will discuss the unique circumstances of your case and the best strategy for securing fair financial recovery. 

No matter what step you decide to take after speaking with us, we hope to give you more clarity and confidence moving forward. Contact us today to schedule a free, remote consultation with an insurance claim lawyer near you.



Fogelman & Von Flatern is a personal injury law firm that believes it matters why we practice law: to make sure good people in unfair circumstances who want reasonable options are taken seriously, especially by their attorney. We value transparency, compassion, and justice, and we strive to embody that in our practice. At FVF, you can trust that you've got the best people on your case, for the right reasons.

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