Sometimes, it’s helpful to ask for a little bit more than you’re really hoping for. It’s typical for the insurance company to assume you’re willing to settle for less than you ask for at first. However, don’t grossly overstate the amount you’re looking for.
Asking for way too much can make the insurance company assume that negotiations are going to be hopeless. Your attorney can help you strike the right balance between asking for too much and asking for too little when you write a demand letter.